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Nalezeno "Defi News": 1369

InfinitySwap’s EVMC on Internet Computer blockchain

6.3.2023
As part of the entity’s future plans and endeavors, InfinitySwap is actively building the first-ever Bitcoin-enabled Ethereum Virtual Machine Canister (EVMC) on the Internet Computer blockchain. It is common knowledge that Decentralized Finance (DeFi) is making its presence felt in the finance...

LiquidDriver collaborates with RAMSES on Arbitrum

3.3.2023
LiquidDriver has delightedly announced its partnership with RAMSES decentralized exchange, which is an inventive ve (3,3) decentralized exchange on Arbitrum.  RAMSES is a creative ve (3,3) decentralized exchange that has expertly adapted Andre Cronje’s Solidly vision. It focuses on three main...

Optimism pitted against Arbitrum for the top spot

1.3.2023
The heavy competition that has been brewing for a while now is beginning to heat up further amongst Ethereum’s Layer 2 blockchains. The point in question happens to be the fact of which one of them will be hitting the top spot in terms of scaling the number one smart chain network.  The prime...

New milestone for The Graph: Avalanche, Arbitrum & Celo listed

28.2.2023
Per the announcement made by The Graph Network, it has now listed three more chains, namely Avalanche, Arbitrum, and Celo, on the network. This gives developers more options to construct their decentralized applications on these chains. Calling it a significant milestone, The Graph has suggested...

Factor & SushiSwap collaborate for integration and vault partnership

27.2.2023
Factor took to Twitter to announce its integration and vault partnership with SushiSwap, bringing the capability to enable the community to access its liquidity and assets. The future holds potential for the partnership between Factor and SushiSwap, with both of them exploring cross-chain swaps...

Feds discover DeFi’s alleged $340 million Ponzi scheme

24.2.2023
Centralized exchanges are under threat of being reprimanded by regulators in the US. When it appeared that things would be limited to the exchange sector, it was discovered that another sector was preparing for a serious allegation: decentralized finance (DeFi). In light of recent events, the...

Platypus Finance divulges its plans for recouping

24.2.2023
Following the $9.1 million hack, Platypus Finance has sought advice from security professionals to address two of its primary concerns. The first is the ability to retrieve as much of the money as possible, and the second is revealing the hacker’s identity. In a first start, Platypus Finance...

Polygon decides to lay off 100 employees

24.2.2023
Despite how challenging it was, Polygon Labs ultimately made the difficult choice to lay off 100 employees. That actually equates to a respectable 20% of their entire team. Nevertheless, what appears to be remarkable is that they were able to raise $450 million a while back to carry out their...

Hope Finance announces theft of $1.86 million

23.2.2023
Hope Finance recently announced that it had been the victim of a $1.86 million theft. The project Tomb-fork, situated in Arbitrum, purportedly sent a tweet mentioning that the perpetrator is apparently a team member. According to trustworthy sources, it is also believed that the theft was committed...

COTI’s turning point: more than half a billion $COTI deposited

23.2.2023
Ever since the entity successfully launched the COTI Treasury, it has been able to witness an extremely speedy pace of growth. At the present moment in time, it boasts of having been able to accumulate more than half a billion $COTI.  It has, in actuality, become the very backbone of the COTI...

Impossible collaborates with Arbitrum to expand the ecosystem

22.2.2023
Impossible Finance, a crypto investment platform, announced its integration with Arbitrum to make crypto opportunities accessible to every user. Impossible has always been progressive in expanding the ecosystem and offering everyone the finest projects. To achieve its vision, Impossible has...

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...

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