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Solana network suffers another $100M scam at Mango Markets
13.10.2022
A decentralized blockchain Solana has suffered several exploits over two months. While the rest of the market was busy trading digital assets, the Solana network was experiencing a scam through its Phantom wallet. Mango Markets is a decentralized high-performance blockchain having headquarters...
SupraOracles forms a partnership with UniLend Finance
12.10.2022
SupraOracles takes immense pride and pleasure in successfully making their official declaration of them and gainfully forming a partnership with UniLend Finance. This entity happens to be a multichain protocol. Its unique feature stems from the very fact that one and all viable and interested users...
SynFutures Bonding With Chainlink VRF on Polygon Mainnet
11.10.2022
The entire team at SynFutures is extremely pleased and takes great pride in announcing that they have joined hands in a mutually beneficial merger with Chainlink Verifiable Random Function (VRF) on the Polygon mainnet. Now, with the act and decision of coming together, SynFutures will find...
Billionaire Chamath Predicts This Crypto Sector Will Transform All Financial Assets
10.10.2022
Billionaire investor Chamath Palihapitiya believes that decentralized finance (DeFi) will eventually allow people across the world to monetize and financialize all of their assets, allowing to place them on the blockchain.
Palihapitiya, who is a former vice president at Facebook, is currently best...
Lido Finance Expands onto L2 Solutions with wstETH Farms on KyberSwap
10.10.2022
Lido Finance [LDO], the top Ethereum [ETH] stake platform, announced the debut of Ethereum, holding on layer2 scaling alternatives with token bridging to Arbitrum One plus Optimism on KyberSwap in a sequence of posts on Twitter on October 6th, 2022. Each stETH token represents one ether (ETH) token...
Sovryn Network Encounters First Successful Attack After 2 Years
10.10.2022
Sovryn Network recently announced encountering a successful attack after two years of operation. Safety measures placed on the platform kept the exploit limited, resulting in a substantial recovery of funds. The attack was aimed at the legacy Lend protocol to withdraw funds illegally. Developers...
InfinitySwap Collaborates With Canister App
10.10.2022
InfinitySwap, a well-known real-time crypto update platform, is paired with Canister App, a decentralized platform to provide enhanced features and a developed Internet Computer ecosystem. Max Chamberlin, CEO of InfinitySwap, said their vision is to provide people with access to the best...
Aave Utilizes Forta for All Safety and Controlling Issues
7.10.2022
Forta is extremely enthusiastic and takes immense pride and pleasure in making their grand announcement of the very fact that Aave, which happens to be one of the many top-notch DeFi protocols, is utilizing the services and potential of Forta to be able to successfully and very effectively...
COTI Partners Empowa to Evaluate Using Djed
5.10.2022
COTI is exceptionally excited to make their official announcement of another tie-up with Djed, in the form, at this time, with Empowa. This entity is, in actuality, a RealFi project created on the Cardano blockchain. The involvement and possibilities with Empowa are that it can initiate localized...
SushiSwap Elects New 'Head Chef’ after On-Chain Election
5.10.2022
Following months of uncertainty and discussions, the SushiSwap community has elected a new “head chef”. Jared Grey, the former CEO of defunct crypto exchange Bitfineon and decentralized financial services ecosystem EONS, will serve as the leader of the decentralized autonomous organization (DAO)....
MATIC Token Holders Getting Rewards to Borrow Tokens on AAVE
4.10.2022
Polygon recently announced offering rewards to Matic token holders for borrowing tokens. Users merely have to act on Aave to win exciting rewards. The platform boasts over 16.2 million $MATIC worth 12.4 million dollars as collateral. The announcement was made on Twitter, where users were informed...
Hacker Exploits Transit Swap and Steals $23 Million – Here’s Everything You Need to Know
3.10.2022
Decentralized exchange (DEX) aggregator Transit Swap had lost $23 million in a hack - before $16.1 million was returned.
Another day, another decentralized finance (DeFi) hack. This time around, the target was Transit Swap, which confirmed on Sunday that a hacker had managed to exploit "a bug...
UwU Lend – A New Money Market Protocol Launched
27.9.2022
UwU Lend is the latest money market protocol launched on Ethereum. It possesses the capacity to carry out robust forms of revenue-sharing procedures, coupled with tokenomics and the creation of fascinating and innovative fresh products. The delivery announcement will be made very shortly. UwU Lend...
WALL Partners with Capx for Analytics & Gamification
27.9.2022
WALL recently announced a partnership with Capx to bring analytics and gamification together. The partnership aims to help projects build stronger bonds with communities. The popular Web3 project, WALL, released a string of tweets to inform users about the collaboration. The tweets provided a brief...
EasyFi Introduces Electric Testnet on Polygon
27.9.2022
EasyFi has launched a new product for traders looking to enter the space of margin trading. Electric Testnet is now live on Polygon Mumbai, linked to QuickSwap Testnet. The launch allows traders to get short-term loans and trade margin positions using a decentralized exchange’s publicly...
KyberSwap Launches Fresh Condensed Liquidity Yield Farms
26.9.2022
KyberSwap makes the grand announcement of its introduction of a fresh and futuristic set of condensed liquidity mining on KyberSwap Elastic, with the addition of a further 12 more farms, to be in a position to bring about effective changes on the capital efficiency front and also to substantially...
Icebreaker and Maple Partner up to Launch $300M Capacity Pool
22.9.2022
Icebreaker recently announced establishing a partnership with Maple to release a 300 million dollar capacity pool. The pool will be used to offer secured debt financing to digital asset infrastructure and blue-chip BTC mining companies. Maple released a string of tweets to inform users about...
Wintermute Loses $160 Million to a DeFi Hack
21.9.2022
Wintermute, one of the biggest cryptocurrency market makers, recently lost over 160 million dollars to a DeFi hack. The details about the breach have not been released, but it has been confirmed to attack 90 assets. The company’s Chief Executive & Founder, Evgeny Gaevoy, discussed the breach...
Arbswap Introduces the Nova Accelerator to Aid Arbitrum’s Ecosystem
20.9.2022
Arbswap, with a lot of enthusiasm and pride, takes this opportunity to announce its launching of Nova Accelerator, which will act as a catalyst for the speedy growth of Arbitrum Nova’s ecosystem. This will be achieved by pumping in investments in the case of projects that reflect the inclination...
DYP Announced Partnership With SWFT
19.9.2022
DYP and SWFT have come together to form the perfect partnership, with a joint idea and vision to witness the betterment of the user’s position. In their educated opinion, this could only be achieved by identifying the problem areas correctly. In today’s world of cryptocurrencies, many users...