Latest DeFi News

Brave Partners With Solana To Boost DeFi Adoption
In the near future, more than 42 million Brave users will be able to use Solana dApps.

Crypto.com Launches Cronos Cross-bridge Mainnet Beta
The beta release will allow developers to instantly port apps to EVM-compatible chains.

Defi Lending Protocol bZx Suffers Cyberattack Losing $55 Million
The private key controlling the protocol’s deployment on Polygon and Binance smart chain was compromised.

Automata Network Debuts Mainnet and $20M Ecosystem Incentive Program
The Ecosystem Incentive Program will be crucial to Automata, and its main goal is to supplement Web 3.0's privacy ideologies.

Police Force Investigating AnubisDAO’s Rug Pull Incident
Several Hong Kong and US law enforcement agencies are looking into an alleged rug pull incident, informed one of the…

Ethereum Name Service Announces the Launch of Governance Tokens
The new service will be organised as a DAO, with governance tokens functioning as voting rights.

AnubisDAO Raised $60M Through Dog Meme Mysteriously Vanished
Money raised from the dog-themed-meme went missing before the 24-hour Anubis tokens sale ended, indicating a phishing attack.

Squid Investors Can not Cash out Their Tokens After Spike of 110,000%
The Squid cryptocurrency has defied the hype around its massive profits, making the investment worthless as Squid investors are now…

XDEFI Wallet Integrates With Terra and Announces Liquidity Program
XDEFI announced a liquidity Program on Pylon Protocol to support Terra Ecosystem.

COTI to Launch its Long-awaited Mainnet 2.0 Next Week
Following more than a year of development, COTI is finally ready to launch its mainnet 2.0.

Flash Loan Attack Exploits Cream Finance for Over $100 Million
One attacker appears to have siphoned off $130 million of assets from Cream in an exploit.

Ampleforth Unifies with Avalanche to Bring Stablecoin Alternative
The rebasing cryptocurrency, Ampleforth, is now live on the fastest growing smart contracts platform Avalanche network .

OlympusDAO Developer Launches One-to-one Stablecoin Swaps Protocol
Ohmzeus, developer of OlympusDAO, has launched an experimental project dubbed Range that consists of decentralized stablecoin pools with no price…

Ethereum Sidechain xDai Announced the Support of EIP-1559
After the launch of the London hard fork in July, many crypto exchanges are implementing EIP-1559 on their platform.

Binance Smart Chain to Introduce Ethereum Like Gas Fee Burn Mechanism
The proposal is similar to Ethereum’s EIP-1559 & will burn BNB paid in the transaction fees.

Orbs Launched the Open DeFi Notification Protocol
It will give users free mobile notifications regarding consequential events occurring on the blockchain.

AVATerra Faced Exploitation on the Day Of its Launch
AVATerra, a stable-yield aggregating farm on Avalanche, suffered an exploitation on its Chef Contract yesterday.

MDT Introduces Blockchain Oracle to Speed up DeFi Adoption
The purpose behind this development is to connect conventional financial data markets with the decentralized finance (Defi) sector.

DraftKings to Become a Validator on the Polygon Network
Polygon, an Ethereum Layer 2 solution, will allow DraftKings to be a Validator with its own stake pool on its…

USDC Expands Its Multichain Ecosystem with Support on Hedera Network
Hedera becomes the stablecoin’s sixth partner as a part of HBAR’s massive $2.5 billion allocation.

Ethereum User Spent $430k in Fees on Failed Transaction
To gain an advantage, the participant used Flashbots during the rapid sale.

Analytics Platform Nansen Now Support Fantom Network
This announcement marks the synergy of two of the most transformative projects in the crypto industry.

The Mirror Opens Door for its Blockchain Blogging Platform
Now everyone can post their content on the Mirror blogging platform by connecting Ethreum address and wallet.

DeFi Wallet MetaMask has Joined Forces With Three Crypto Custodian
MetaMask has added BitGo, Qredo, and Cactus as custodians in a push for institutional DeFi users.

NFT Trading Game Axie Infinity Rolls Out Staking Program
In the first month of the staking program, The Axie Infinity team is planning to airdrop 2 million AXS tokens.

DEX Aggregator 1inch Now Support Ethereum Scaling Solution Arbitrum
1inch had placed their 1inch Aggregation Protocol and the 1inch Limit Order Protocol live on Ethereum’s scaling solution Arbitrum on.

Avalanche DeFi Platform Vee Finance Exploited for $35M
This is the second major exploit on the Avalanche-based Defi platform.

pNetwork Got Hacked for $12M, Lost 277 Bitcoin
Anonymous Hacker has used a bug in pNetwork codebase to transfer 277 Bitcoin from the protocol’s bridge.

Optimistic Ethereum to Launch One-Click Layer 2 Deployment
Any Ethereum-based projects will be able to deploy smart-contracts on Optimism without any modification in code and with the one-click

Venus Protocol Prevented Hostile Takeover Attempt
Venus protocol stopped the attack using the Governance guardian and saved $3.7 million worth of XVS.