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BarnBridge instructed to close liquidity pools
7.7.2023
BarnBridge DAO has been instructed to put a closure on its present liquidity pools due to the fact that there is an ongoing investigation being carried out by the Securities and Exchange Commission of the U.S. BarnBBridge DAO, which is into operating a small DeFi protocol, has been instructed...
Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest
5.7.2023
Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks.
This suspension will remain in effect until further notice.
The decision to suspend support for these tokens...
Two Hatom Protocol modules going live on July 16
5.7.2023
Hatom recently announced the launch of its two modules on the mainnet. The protocol will release Liquid Staking and Lending Protocol modules on July 16. The event will take place only three days before the Public Sale ends. The protocol released an official tweet to inform users about...
Loopring L3 now live on Taiko alpha-3 zkEVM testnet
5.7.2023
Loopring recently announced deploying its L3 on the Taiko alpha-3 zkEVM testnet. The integration allows Loopring to achieve better scalability and optimized experiences for its dApps and smart wallet. The news was shared through a string of tweets by Loopring. The tweets stated that Loopring...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
EigenLayer hiking restaking capacity for Native & LST restaking
3.7.2023
EigenLayer announced expanding its staking prospects by elevating caps on LSTs (Liquid Staking Tokens.) The latest upgrade will enhance users’ access to staking while maintaining utmost asset security and safety. Achieving such an update requires approval from the Multisignature Governance system....
deBridge goes live on the Solana network
30.6.2023
deBridge recently announced going live on Solana after 1+ years of development. The network released a string of tweets to inform users about the integration. According to the tweets, the integration will bring seamless interoperability to Solana. At the same time, it will enable Solana to conduct...
Polkadot uses IBC by Composable Finance
30.6.2023
Cosmos recently announced Polkadot meeting the Interchain. The network has used IBC by Composable Finance to complete the process. According to the official tweet by Cosmos, Polkadot is using the Centauri bridge, the highest standard of blockchain interoperability. Developed by Composable FInance...
Insider Trading Rampant in Crypto Market, According to Ex-Goldman Technologists
29.6.2023
Insider trading is rampant before new ERC-20 tokens are listed on centralized exchanges (CEXs), according to blockchain intelligence firm Solidus Labs.
In a report published on Wednesday, Solidus Labs said it found suspicious transactions ahead of major CEX listings of ERC-20 tokens in 56%...
Holograph launches on Arbitrum One
29.6.2023
Holograph has announced that it is now live on Arbitrum One, enabling the community to build projects to the best of their abilities. Specifically speaking, the community of Holograph will now be able to deploy, mint, and bridge on the layer-1 ecosystem that is based on Ethereum. Arbitrum brings...
Paradigm Co-founder Matt Huang Deems AI 'Too Interesting to Ignore' but Remains Devoted to Crypto
28.6.2023
Matt Huang, co-founder of crypto-focused investment firm Paradigm, says he is still devoted to crypto even though artificial intelligence (AI) in his opinion is “too interesting to ignore.”
"We’ve never been more excited about crypto and we continue to invest across all stages," Huang said Tuesday...
Concordex delivers its DEX created on Concordium
27.6.2023
Concordex, which is the first DEX that was created on the Concordium blockchain, has been formally delivered on mainnet. Through this, the platform will introduce high-end trading tools to the Concordium ecosystem. A while back, it went through the testnet, wherein there were 867 users opening...
Maverick brings Maverick Ecosystem Incentive Program
26.6.2023
Maverick has announced the launching of the Maverick Ecosystem Incentive Program with the objective of eliminating inefficiencies in the market. Simultaneously, the goal is to reward users based on their contributions in different seasons. The Maverick Ecosystem Incentive Program is the DeFi...
BlackRock Executive Stresses Importance of Knowing Counterparties in DeFi for Institutional Engagement
23.6.2023
It is critical for financial institutions to know who they are trading with when using decentralized finance (DeFi) protocols, asset management giant BlackRock’s head of strategic partnerships, Joseph Chalom, has said.
"The first issue is, who am I trading with? [...] We go to jail, if we don't...
Azuro goes live on Arbitrum
23.6.2023
Azuro has announced going live on Arbitrum to leverage its true potential. Specifically speaking, Azuro gets enhanced smart contract capabilities on the table. These include scalability, speed, and privacy features. Also known as people’s L2, the layer 2 solution for Ethereum is expected...
Stablecoin protocol Reserve to fund $20 million
22.6.2023
Stablecoin Protocol Reserve is on the verge of carrying out funding, amounting to $20 million, with regard to the governance tokens of yield framing-related applications. These include Curve (CRV), as well as Convex (CVX), and also Stake DAO (SDT). The funding will go towards the heightening of...
Trade & earn interest through Yield+!
22.6.2023
Yield+ brings a completely new scenario to earn yield and carry out trading. This creates a situation wherein the collateral gets a boost, and it becomes possible for a user to earn interest while trading. To better understand Yield+, it is basically the latest feature that provides...
Uniswap v4: A game-changing evolution from v3
21.6.2023
Uniswap, the popular decentralized exchange protocol, has unveiled its latest version, v4, with significant improvements over its predecessor, v3. The standout feature is the adoption of the “Singleton” design pattern, revolutionizing the automated market maker (AMM) model...
Warp Protocol: Unlimited automation for Cosmos developers
20.6.2023
Warp, a revolutionary decentralized automation protocol that gives Cosmos developers unrivaled automation possibilities and is powered by Terra Money, has officially launched today. Warp ushers in a new era of decentralized, cost-effective automation, allowing developers to improve their platforms...
Global Crypto Regulations for DeFi Backed by France's Markets Regulator
20.6.2023
France's markets watchdog, the Autorité des Marchés Financiers (AMF), said it fully supports globally coordinated, clear regulation for decentralized finance (DeFi) in order to protect users while fostering the novel and innovative sector's growth.
The AMF published its paper on DeFi on Monday...