Latest DeFi News
Yearn Finance Unveils V3 of its Core Product Vaults
Yearn Finance’s V3 will allow each token type to have many vaults, and they will be governed by multisigs that…
Sky Mavis Plans to Become a ‘zero-trust’ Organization
Sky Mavis also updated users on the development of the Ronin Bridge and a potential timeframe for its redeployment.
Deus Finance Loses $13.4M in Flash Loan Exploit
Deus Finance has ceased lending of the DEI tokens as a result of the hack event with further information to…
SushiSwap 2.0 Outlines its Restructuring Plans
SushiSwap 2.0 is being restructured due to operational shortcomings and the fallout from the attempted Frog Nation takeover.
Maple Finance Enters Solana to Provide Uncollateralized Loans
On launch, it is a $45 million liquidity pool offering loans to crypto blue-chips after a rigorous vetting process.
Stader’s Liquid Staking Solution now Goes Live!
Stader will also launch instant liquidity, dual rewards and leveraged strategies soon.
Optimism Announces Launch of DAO and Token Airdrop
The Optimism Collective will have a house system with a Token House and a Citizens' House dividing governance powers.
ETNA’s Loan App, DeBank Version 2.0 is Now Live!
DeBank has several built-in tools to help clients benefit from optimal deposits and loans and thus, is more user-friendly.
Hacker Leaves $1M to Self Destruct After Zeed Protocol Exploit
The hacker exploited a vulnerability in Zeed’s protocols reward distribution system and drained over $1M In BSC-USD tokens.
MakerDAO to Incorporate StarkNet to Boost DAI Token Functions
MakerDAO integrating StarkNet will enable users to mint and sell DAI stablecoin more quickly and at a lower cost.
Atari to Terminate Joint Ventures & Plans to Create New Tokens
Atari has also terminated the Atari Chain Limited license and the relevant licenses including hotel and casino licenses.
Beanstalk Farms Suffers $182M Loss in DeFi Governance Exploit
The attacker made it possible by creating a malicious proposal after obtaining the power of voting to gain control of…
Ethereum’s First Mainnet Shadow Fork Turns Out to be Successful
The developers and community performed shadow forking on the testnet and mainnet to examine the post-merger scenario.
Ola Finance Loses $3.6M Worth Crypto Assets in Latest DeFi Hack
The attacker exploited the “re-entrancy” bug present in Ola’s deployment on the Fuse Network.
Polygon Introduces Zero-Knowledge Identity for Web3 Users
The identity platform is the first ever to be powered by zero-knowledge (ZK) cryptography, privacy, and blockchain scaling technology.
Ronin Network Gets Hacked Making it the ‘Largest Crypto Hack’ in History
The Ronin bridge exploit actually happened on March 23rd, but only found out by the team six days later sending…
Ex Polychain Partner Launches $125M Crypto Fund for DAO
According to Tekin Salimi, the dao5 crypto fund will be transitioned into a DAO by the year 2025.
Grayscale Investments Unveils Smart Contract Platform Fund
Grayscale Investments unveiled its “Smart Contract Platform Ex-Ethereum Fund” with the aim to provide exposure to smart contract platforms outside…
SushiSwap Community Proposed to Form a Legal Body to Mitigate Investors’ Risk
SushiDAO passed a proposal with a 100% majority that disclosed the need for a legal body to run the community…
OKX Introduced Cross-chain Dashboard MetaX to Embrace DeFi
The platform gives access to numerous DeFi protocols, games, and digital assets along with an in-built NFT marketplace.
DEX Aggregator LI.FI Exploited in the Attack, Lost $600k Worth Tokens
The attacker gained control of swap features that enabled his indirect access into users' wallets.
$250M and Smart Contracts: All it Takes to End the Ukraine War
ICP founder Dominic Williams hatches a plan to end the ruthless ongoing massacre in Ukraine.
Aave’s v3 Goes Live on Mainnet with 6 Networks
Aave v3 claims to have fewer gas fees, higher capital efficiency, and specific support for layer 2 solutions.
BAYC Launches its Own Cryptocurrency: ApeCoin
BAYC enters the token market with the launch of $APE to expand its horizons in the crypto world.
1inch Integrates NFT Update for iOS 1inch Wallet Users
1inch integrated OpenSea API to enable the users to buy NFTs and immediately store them on the 1inch Wallet itself.
MakerDAO Community Raises Proposal to Substitute MKR Token with stkMKR
The proposal defines a new staking mechanism that overcomes some drawbacks from the existing system.
Deus Finance Lost $3M Worth DAI and ETH in Cyber Attack
Deus Finance had confirmed the exploit on its lending contract and the CEO announced a reimbursement plan.
Clover Finance Revamps to CLV to Move From Finance to Web3
To accommodate wider audience needs in DeFi, Gaming & Web3 products, Clover rebrands as CLV.
Polygon Suffers Network Outage for 11 Hours After Upgrade
The team revealed the Heimdall node upgrade by one of the two layers of the network’s proof-of-stake chain
BTC Flower Announced to Create Flower Power DAO
The team developers are also preparing the launch of a second installment series - ETH Flower in future.
