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Qoda is presently positioned live on Moonbeam
11.5.2023
Qoda is presently positioned live on Moonbeam, which is a smart contract to create cross-chain-linked applications that can connect with users as well as assets and services on every chain. The Qoda protocol, on the other hand, is a decentralized loan exchange that has been duly created on...
deBridge delivers DLN API & boosts cross-chain performance in dApps
10.5.2023
deBrige, which is basically a framework for superior functioning cross-chain interoperability, has gone ahead and successfully delivered the DLN API. This will provide the opportunity for decentralized applications to be able to make it possible to carry out quick and deep liquid cross-chain...
Tsunami.Finance private mainnet goes live
9.5.2023
At the present moment in time, Tsunami.Finance Private mainnet has gone live. Through this, users will find themselves in the position of being able to carry out swaps, as well as trade margin spots. All of this will be done without there being any price effect whatsoever. They will also be able...
Crosswire.Finance announces $sCRSS presale details
8.5.2023
Crosswire.Finance has announced details for the presale of $sCRSS, informing the community that the event will first happen at a third-party platform, PinkSale, followed by their own platform hosting the resale event. Defined as a stakeholder token, $sCRSS is tentatively expected to go live...
Fireblocks now supports Avalanche Spruce subnet
4.5.2023
Fireblocks has announced support for Avalanche subnet, Spruce. The development is specifically aimed at assisting financial institutions that are exploring ways to experiment with blockchain infrastructure without putting their capital at risk. The environment will carry a lower risk for...
PLEXUS joins Chainlink BUILD to boost cross-chain adoption
3.5.2023
PLEXUS is ecstatic to announce that it has decided to integrate successfully with the Chainlink Build program. Through this, they intend to accelerate the process of the ecosystem’s overall development as well as the future acceptance of their cross-chain DEX aggregator. This will...
Thala Labs onboarding RWAs to Aptos with TProtocol
2.5.2023
Thala, which is a DeFi protocol with Move language support, is in the process of onboarding RWAs to Aptos through TProtocol. These assets are entirely uncorrelated to each other, as well as immensely liquid and yield-producing. This is in terms of Thala’s primary objective for $MOD collateral. ...
Injective incorporates Astar Network and Polkadot assets
1.5.2023
Injective has managed to successfully incorporate Astar Network, through which it will be made possible for the Injective ecosystem, as well as the Cosmos community, to get effectively connected with Astar’s assets. In this way, two of the biggest networks get incorporated inside of the Polkadot...
UK Considers Taxation Revisions for DeFi Lending and Staking Activities – Here's The Latest
28.4.2023
According to a consultation document, the UK government is seeking views on tax modification for decentralized finance (DeFi) lending and staking.
The government has initiated an open consultation to gather insights for drafting improved tax legislation on DeFi transactions.
The consultation...
Uniswap Labs delivers Permit2 and Universal Router
28.4.2023
Uniswap Labs has taken the opportunity to deliver two fresh smart contracts. One of them is Permit2, which allows token approvals to be split and controlled across various applications. This helps build a more effective, secure, and competitively priced UX. The other smart contract is the Universal...
Router Protocol integrates Circle’s CCTP under a partnership
27.4.2023
Router Protocol and Circle have entered into a partnership. The same has been announced by Router Protocol, informing the community that it has successfully integrated CCTP into its decentralized application, Voyager. The dApp hails as the flagship cross-chain solution in the ecosystem of Router...
Sushi Swap is all set to incorporate Findora on Sushi v3
27.4.2023
Sushi Swap is extremely pleased to come out with their declaration of being ready to incorporate Findora on Sushi v3. It will be positioned conventionally on their network. This will help push Findora within the DeFi arena and provide their dApps with connectivity to fresh and deep liquidity pools....
Swell-Seawolf Unleashed on Public Beta
26.4.2023
Seawolf, Swell’s very first version and voyage in the decentralized governance, has been released on mainnet. Stakers of different experience levels can now participate in Seawolf to boost yields through liquid staking with absolutely zero costs (for only a limited time). Swell has made liquid...
ApeSwap forms an exclusive partnership with Knoknok
25.4.2023
ApeSwap is quite delighted to have formed an exclusive alliance with Knoknok. This has occurred to carry out an exceptional launch strategy combining various new products, including Launch Bonds, Reserve Bonds, and V3 liquidity pools. It is backed by the tokenomics experts at 01X, and the plan...
How DeFi platforms leverage Blockchain technologies to achieve enhanced security & liquidity?
25.4.2023
The Blockchain industry boasts several niches where projects and businesses develop solutions for various use cases. One of these niches is decentralized finance (DeFi), which has emerged as an alternative to traditional financial services. What is Decentralized Finance (DeFi)? Decentralized...
GMX integrates Chainlink low-latency oracles with 96.28% votes
25.4.2023
GMX recently concluded its voting to integrate Chainlink’s low-latency oracles. The decentralized exchange conjured 96.8% approval to conduct the integration. The decision was undertaken after GMX’s successful governance proposal. The proposal aimed to offer real-time industry data across GMX...
THENA, Gamma Strategies, & Algebra’s creation FUSION boosts CL management
20.4.2023
The coming together of THENA, along with Gamma Strategies and Algebra, has brought about FUSION. This will help simplify Concentrated Liquidity (CL) and simultaneously work on capital effectiveness and overall user exposure. Where concentrated liquidity is concerned, it provides Liquidity Providers...
Hundred Finance loses $7m in an exploit on Optimism solution
17.4.2023
PeckShield recently reported that Hundred Finance lost over $7 million in an attack. The blockchain security firm announced that the attack took place on the L2 Optimisim scaling solution. The attacker used 200 WBTC to exploit the lending protocol on April 15. The attacker donated WBTC to boost...
Hundred Finance Suffers $7 Million Loss in Optimism Hack – Here's What Happened
17.4.2023
Multi-chain lending protocol Hundred Finance has fallen victim to a hacking attack which enabled the theft of about $7 million worth of crypto. The attacker accessed the funds via Optimism, an Ethereum layer-2 blockchain.
"Once again we hope the hacker will reach out back to us and we will...
Ondo Finance Introduces Yield-Generating Stablecoin Alternative for Institutions – How Does it Work?
14.4.2023
A new type of yield-generating stablecoin has been introduced by DeFi provider Ondo Finance, offering institutions a way to benefit from the return of US money market funds on-chain.
According to an update from Ondo Finance on Thursday, the new stablecoin, dubbed OMMF, will be a tokenized version...