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Nalezeno "DeFi News": 1355

Renegade manages to obtain $3.4M from Dragonfly

21.2.2023
Renegade manages to successfully obtain for itself an amount of $3.4 million from Dragonfly. This was achieved with the aim and intention of creating an on-chain dark pool, an end-to-end encrypted DEX having midpoint trades for zero price effect. The funding that took place happened to have been...

Revert Finance hacked: Users got revoke approvals

20.2.2023
Revert Finance, an AMM liquidity management protocol, confirmed through a tweet that the “v3utils” contract was hacked, and 90% of the funds were stolen from a single account.  The accounts from which the funds are affected are given below:  USDT: 4106.316699, USDC: 22983.235188, WETH:...

Siemens issues €60M under Germany’s Electronic Securities Act

17.2.2023
When a 175-year-old conglomerate decides to go the blockchain way, then it could be right to assume that the technology has the potential to be adopted in the times to come. While the crypto industry remains under the lens of scrutiny, Siemens decided to issue bonds worth 60 million Euros to three...

COTI declares minting of gCOTI, the Treasury governance token

16.2.2023
The first CMD token and the gCOTI, which serves as COTI’s Treasury governance token, were both created and minted on February 14, 2023. On top of COTI’s MultiDAG 2.0, the CMD token has been duly issued. The total number of gCOTI tokens that have been issued is 1,000,000,000. As it turns...

Floki forms an exclusive partnership with Pyth Network

15.2.2023
Floki is extremely pleased and takes enormous pleasure in making their formal announcement of having successfully forged an exclusive partnership with the Pyth network. As a result, it will be a joint launch that will be carried out through the FLOKI/USD price feed, along with the incorporation...

DeFi protocol Clearpool launches institutional grade DeFi

14.2.2023
Clearpool has stepped up and introduced Clearpool Prime after carefully considering the pressing need for a flexible and long-lasting digital asset credit framework. This procedure will also be accountable for ensuring general transparency. A user can connect to the largest KYC and...

dForce confirms return of $3.65M exploited funds back to vaults

14.2.2023
dForce, the popular DeFi protocol, recently announced the return of its 3.65 million dollars lost to an exploit. All the exploited funds have been returned to the Arbitrum and Optimism vaults. Peckshield, the on-chain security firm, confirmed that dForce had a security breach on February 13. dForce...

SonicUnwrap Protocol smoothens Crypto transactions with innovative feature

13.2.2023
UPI system in India will soon host an upcoming decentralized transaction for crypto with a core focus on security and seamless movements of tokens among the community. Per the announcement made by Sonic through an official blog post, the venture is working to bring v2 – SonicUnwrap Protocol...

Maker Protocol announces the launch of Spark Protocol

10.2.2023
Sam MacPherson, the Protocol Engineer at MakerDAO, has announced the launch of its growth-focused arm – Spark Protocol. The first product of Spark Protocol will be Spark Lend. The launch is tentatively scheduled for April 2023, subject to the receipt of approval. Built on Aave V3, Spark Lend...

Polygon happens to deliver its Polygon Degen Campaign

7.2.2023
Polygon Labs, as a company, happens to be actively engaged in the development of Ethereum upgrading solutions in the case scenario of Polygon protocols. The entity gets involved with various ecosystem developers in order to be able to provide an upgradable, cost-effective blockchain framework...

Reports of SperaxUSD exploitation emerge

6.2.2023
A user has taken to Twitter to break the news that there was an attack on Arbitrum USDs wherein a bug in auto-changing users led to the hack. According to one of the tweets in the series, the code half changed the account to a new style, using that change to calculate the other half …

Pandora to allow NFT holders to earn passive income with DroidBots

6.2.2023
Staking has been associated with tokens in the crypto industry. Things have evolved, allowing users to stake their digital assets for passive income through rewards or interest. Pandora has taken a step in that direction. What makes this evident is the recent blog post published by the venture...

MetaLend has deployed on Ronin to borrow and lend against NFTs

3.2.2023
Ronin Network recently announced the launch of MetaLend on its mainnet. MetaLend is primarily known for helping Axie Infinity users get loans for in-game assets. The assets include land and axies directly associated with the Ronin wallets. In addition, MetaLend develops software that lets users...

QuickSwap collaborates with Gamma

2.2.2023
QuickSwap happens to be extremely pleased to make its formal announcement of having integrated conventionally with Gamma for the sake of QuickSwap V3 active liquidity management. Through this very integration, all of the connected users will find themselves in the position of being able to directly...

Kana Labs is onboarding Polygon blockchain ecosystem

2.2.2023
Kana Labs is pleased and proud to announce that they will add the Polygon blockchain ecosystem to their entire retinue of products. In the case of Kana Labs, it is a chain-agnostic multi-chain DeFi super app. It is working hard to increase the number of backed blockchains in its product portfolio. ...

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