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Nalezeno "Defi News": 1369

The best DeFi Yields: Oryen Network, Lido Staked ETH, and Apeswap


Yield farming is a common practice in the DeFi sector that is used to maximize returns. It can be used to earn crypto. A yield farmer can use numerous tactics to maximize output. For instance, they can shift between coins and multiple platforms to maximize their gains. While there are numerous...

WigoSwap joins multiple Chainlink services & strengthens prediction mini-game


WigoSwap, an integrated DeFi platform, has announced its integration with multiple Chainlink services to support the prediction mini-game. Chainlink Automation and Chainlink Price Feeds have been onboarded on WigoSwap’s Prediction mini-game on Fantom network WigoSwap. It is also planning to merge...

Orthogonal Trading fails to repay a loan amount of $10M to Mapple Finance


With the FTX going into bankruptcy, the overall ripple effect is seemingly carrying on, leaving its ugly mark and negative impact on all who are connected. In the latest case scenario, it happens to be Orthogonal Trading that has come under its adverse influence. For the uninitiated, this entity...

Ankr Protocol claims its platform has been exploited


Due to the ultimate failure of the FTX crypto exchange, there seems to be even more mayhem and chaos being created all around. The FTX, which is now a state of complete bankruptcy, was itself responsible for its present state. However, as in most situations, anti-socials always look for soft...

Japanese Regulator Suggests it May Be Preparing to Police DeFi


The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector. The Financial Services Agency (FSA) issued a call for DeFi players to take part in a “fact-finding survey” on the sector. The FSA wants to “research”...

Proximity Labs declares a funding amount of $10 million


Proximity Labs has taken the firm decision to make a formal declaration of a funding amount of $10 million. This is coupled with other investors in the fray, such as Orderly Network, Spin, and Tonic. Primarily, this will aid in the development of decentralized orderbook solutions at the NEAR...

Cosmos-based DeFi protocol Onomy gets $10M funding


Onomy Protocol, a Cosmos-based DeFi protocol, has been able to successfully get a funding of $10 million for itself. For the uninitiated, the protocol is also a decentralized protocol for financial transactions. This enormous success was made possible by the participation of many investors who each...

Buenbit users access Everyday DeFi from the Rootstock-based RIF Suite


IOV Labs and Buenbit have teamed up to provide its users access to the Rootstock as well as RIF ecosystem. Buenbit users would be able to access the services and goods from Everyday DeFi which are protected by the Bitcoin network. In many ways, both corporations see the association as a huge...

Uniswap and Aave continue to operate during ongoing FTX Crisis


The recent crash of FTX sent shockwaves through the entire digital asset market, signaling its own impending collapse. Even Sam Bankman-Fried, the newly appointed CEO of the platform, expressed his agreement that this was an unprecedented show of mismanagement. While the popular best crypto...

Silo merges with Chainlink & strengthens financial operations


Silo Finance, which happens to be a decentralized and non-custodial lending protocol, has formed an extremely favorable and mutually beneficial merger with Chainlink Price Feeds. However, this has been positioned on the Ethereum mainnet. Silo Finance is involved in the activities related...

Kargo is developing its first Layer 1.5 on Sei


Kargo is now engaged in the development of its initial Layer 1.5 on Sei. Consequently, the resulting first base layer contracts will serve as a modular framework applicable to all prediction-based markets located and operating in any region of the world. In the current context, prediction-based...

Algorand foundation & Algorand Inc. partners with Immunefi


The Algorand Inc. and Algorand Foundation yesterday launched a series of bounties hosted on Immunefi. Immunefi is a leading bug bounty and security service platform for Web3. The bounty series of the Algorand Foundation emphasizes enhancing its DeFi projects and ensuring the security and support...

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