Latest DeFi News

Arbitrum One Goes Down Again Due to Hardware Failure
Arbitrum faced a similar Sequencer outage in mid-September due to a bug in Sequencer.

Aave launched permissioned DeFi platform Aave Arc with Fireblocks
With the launch of Aave arc, 30 institutions are set to join the platform to provide lending and borrowing services…

Solana Blockchain Suffered a Third DDoS Attack Earlier Today
Journalist Colin Wu tweeted that the users of the official Telegram community informed that the attacker was suspected of using…

Curve Finance Proposes to Convert Fees for DAO
Curve Finance initiated a voting process for the community to update the burning process of idle fee and use it…

Polygon Bug Put $24 Billion Worth Matic at Risk Until its Recent Hard Fork
Polygon will pay out a bounty of $2.2m in stablecoins to Leon Spacewalker and 500,000 MATIC to Whitehat2 hacker.

Shiba Inu Launches “Doggy DAO” as New Year Surprise for the Community
Shiba Inu reveals the First Phase of ‘DOGGY DAO’ to Empower the $SHIB community.

Centrifuge’s Real World Assets Market is Now Live on Aave
The first diversified real world asset market on Aave Protocol, the RWA market will help connect DeFi to the limitless…

MetaSwap Allegedly Rug Pulled, $600K Worth of BNB Stolen
After the unexpected MGAS price drop, Metaswap Gas' Twitter, Medium and Instagram accounts were deleted, possibly proving PeckShield’s claim of…

Snoop Dogg helps Lit project turn into a ‘Cultural DAO’
The ‘first readable book NFT’ on the Ethereum blockchain which is a new work by 10x New York Times Best-Selling…

Binance Announces a ‘New BNB Auto-Burn Procedure’
Binance plans to replace the quarterly burn of its native token with a new ‘BNB Auto-Burn Procedure’.

Opera to Integrate Dapps Into Browser via Partnership with Polygon
Opera users will be able to transact in Polygon's native currency MATIC through this integration that is set to launch…

Uniswap V3 Goes Live on Polygon Boosting MATIC’s Value
The launch comes about a month after Polygon co-founder Mihailo Bjelic proposed to Uniswap that the Uniswap V3 be launched…

Swiss Bank SEBA Wants to Use Aave’s Institutional DeFi Platform
SEBA submitted a proposal to Aave Governance for joining the Aave Arc whitelist to access DeFi yields.

Bent Finance Advises Users to Withdraw Funds Following an Exploit
Bent Finance stated that two independent white hat developers are working on the hack situation.

Grim Finance Lost Over $30 Million in Reentrancy attack
Hacker has used function to create 5x reentrancy loops as well as enter into account through a fake deposit.

Uniswap Community Votes for Deployment of v3 on Polygon
The overall adoption of Uniswap on Polygon will also support the implementation of Uniswap v3 contracts.

Polkadot launched First Set of Parachains
After investing five years into research and development, Parachains were allocated to Polkadot Teams via auctions.

Crypto Lender Nexo to Launch NFT Lending Service
Nexo's NFT Lending Desk service right now supports two popular NFT collections: Bored Apes Yacht Club and CryptoPunks.

Balancer Labs Introduces Boosted Pools on Aave to Increase LP Yields
Boosted Pools will allow greater capital efficiency, deeper liquidity, and increased yield for Liquidity Providers.

$33.5 Billion Worth of ETH ‘locked’ in Single Largest Ethereum Contract
The contract is an Ethereum 2.0 Beacon Chain staking contract and cannot be spent without a hardfork.

Much-awaited EIP-1559 Upgrade Of Polygon Is Live On Mumbai Testnet
The changes will have a massive impact on Polygon's entire stakeholder base.

To Boost DeFi Adoption Avalanche Integrates With Circle’s USDC
Circle is still working to enhance the USDC stablecoin's connectivity across other blockchain networks.

Polygon Buys Mir Protocol for $400M to Expand its Scaling Solution
As a part of this deal, Mir Protocol is rebranding to Polygon Zero, and the project will build a ZK-rollup…

Coinbase Launches High-Interest DeFi Yields for Non-US Users
Coinbase users will be able to receive DeFi yield via stablecoin Dai which is designed to be pegged to the…

Kickstarter to Build Crowdfunding Platform on Celo Blockchain
The protocol will be available for collaborators, contributors and crowdfunding competitors to build on and use.

Messari Launches New Messari Governance Portal for DAO
“Messari Governor”, its first-to-market governance aggregator and voting platform as a public free-to-use offering.

Reddit Launches Waitlist for Expansion of Community Points
Community will be awarded based on the number of upvotes a community member earns on subreddit

Andre Cronje Develops a New ibAMM for Stablecoins
The approval would allow zero fees, zero slippage trades from MIM to ibEUR, ibCHF, ibJPY, ibKRW, and ibAUD.

Copper and Balancer Announced its Plan for Future Revenue Generation
Cooper will take 2% fees on the launched projects on its launchpad and share it equally with Balancer Labs.

Enso Launches Vampire Attack on Six crypto Index Projects
Enso will launch the attack on Dec 9 for three weeks and expects a $1.05 Billion liquidity migration.