Decentralized asset management protocol Babylon Finance announced the project is shutting down in November, citing its failure to recover from a $3.4 million exploit on a lending service it launched o...
Tag: Finance
Babylon Finance Announces Termination Of Services Following A Ruinous Hack
According to a statement made on August 31 by Babylon Finance company’s founder Ramon Recuero, the company will stop offering its services for the DeFi asset management protocol on November 15. Babylo...
First Lending Protocol To Support Cardano Tokens – Aada Finance
Aada Finance will before long present getting and loaning through DeFi natives called NFT bonds The dApp will send off on Sept. 13, 2022 Cardano as of late cooperated with an African fintech to empowe...
Aada Finance set to be Cardano Mainnet’s first DeFi Protocol
Aada Finance, the DeFi platform built on the Cardano blockchain, is set to launch the Aada Finance V1 lending and borrowing protocol on Cardano’s mainnet. The launch, which is slated for 13 September,...
Aada Finance on Track to Become First Lending Protocol to Support Cardano Tokens
Input Output, the company behind Cardano, has announced the launch date for its first lending and borrowing protocol, Aada Finance, on the Cardano blockchain. The launch of V1 will take place on Sept....
Babylon Finance to shut down Nov. 15 after failing to recover from Rari/FEI hack
DeFi asset management protocol Babylon Finance will shut down its services on Nov. 15, according to an announcement by its founder Ramon Recuero on Aug. 31. 1/ Babylon Finance is Shutting Down Despite...
Lido Finance Leads DeFi Rally as Ethereum Mounts Recovery
DeFi tokens in Lido Finance (LDO), Compound (COMP), and Synthetix (SNX), have posted significant gainsover the past 24 hours, per data from CoinMarketCap. Lido Finance’s native token, LDO, gained over...
Aada Finance Announces The Launch Date Of Its Lending And Borrowing App On Cardano
Advertisement     Aada Finance, a decentralized lending and borrowing protocol, announced the launch of the long-awaited Aada Finance V1 on the Cardano mainnet. Accord...
Compound Finance upgrade bug freezes $830M in crypto
Listen to this article. An upgrade to DeFi lending protocol Compound Finance has introduced a bug, “causing transactions for ETH suppliers and borrowers to revert” and leaving the platform’s ~$830 mil...
Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments – Finance Bitcoin News
Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The top government official also called for increasin...
Bug Causes Compound Finance to Freeze cETH Market for a Week
Compound Labs announced that it had suspended its Compound Ether (cETH) market after a bug in a recent proposal that caused transactions for ETH suppliers and borrowers to revert. Compound Labs has an...
OpenSky Finance: The first integrated peer-to-pool and peer-to-peer NFT lending protocol launched on Ethereum
INTERNET CITY, DUBAI, Aug. 31, 2022 – OpenSky Finance launched on Ethereum mainnet. NFT holders can stake their BAYC, CryptoPunks, or MAYC NFTs to take out an Instant loan for up to 40% of the floor p...
FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them – Bitcoin News
The United States Federal Bureau of Investigation (FBI) has issued a public service announcement about exploits attackers have recently used to steal cryptocurrency from investors that put money on de...
KLEX Finance Launches Raid on Klayswap to Siphon Liquidity
Vladislav Sopov The largest community-centric liquidity initiative has just been launched by KLEX Finance team Contents KLEX Finance invites KlaySwap’s LPs to move their liquidity Incentivizing larges...
Aada Finance Launches The First Lending and Borrowing App on Cardano Mainnet
– Advertisement – Aada Finance, a crypto assets lending platform, announces the imminent launch of the Aada Finance V1 lending and borrowing protocol on Cardano mainnet. The release is sch...
Aada Finance Launches The First Lending and Borrowing App on…
Kaunas, Lithuania, 31st August, 2022, Chainwire Aada Finance, a crypto assets lending platform, announces the imminent launch of the Aada Finance V1 lending and borrowing protocol on Cardano mainnet. ...
How Lido Finance staking is maintaining ‘cold feet’ operandi
Onboarding several chains into its staking solution may be one of the best steps Lido Finance [LDO] could have taken. The multi-chain staking liquidity platform hosts a number of chains including Ethe...
Reddit Co-Founder Alexis Ohanian’s Seven Seven Six Targets $177M for a Crypto-Centric Fund Called Kryptós – Finance Bitcoin News
According to a recent report, the venture capital firm founded by Alexis Ohanian, Seven Seven Six, is planning to raise $177 million for a new crypto-centric fund. The new Seven Seven Six fund called ...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana – Coinotizia
press release PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its...
Hubble Protocol Launches Kamino Finance to Optimize Yields for Liquidity Providers on Solana – Press release Bitcoin News
press release PRESS RELEASE. LONDON | August 30, 2022 – Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its...
Hubble Protocol Launches Kamino Finance To Optimize Yields for Solana Liquidity Providers
Hubble Protocol, home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain. Kamino Finance, launchi...
Stargate Finance Crossed $1 – Time to Invest in STG or Consider Other tokens
Join Our Telegram channel to stay up to date on breaking news coverage Stargate Finance recently crossed the $1 level, peaking at $1.12 and hovering around $0.78 since yesterday. STG followed a parabo...
Diving Deep Into DeFi to Navigate the New Wave of Finance
Exchanges is the largest industry group under DeFi, with 33 assets and $12.1 billion in market capitalization. Within Exchanges, UNI, RUNE, CRV, CAKE and 1INCH are ranked in the sector top 10 by marke...
3 tickers trending on Yahoo Finance
Investors are pulling back following the U.S. Fed Chair Jerome Powell’s comments on Friday suggesting that the economy was headed for “some pain” as the central bank continues raisin...
Ex Korea finance minister joins research organization to promote blockchain
A top government official in South Korea, Kim Yong-beom, has joined a research organ of blockchain VC Hashed. Yong-beom is a prominent figure in South Korea during his tenure as the Vice Minister of t...
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’ – Finance Bitcoin News
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion wa...
Could Immunicorn Finance, BTC Make You Millionaire after the Cras…
Cryptocurrency markets continue to make profits for their investors with the recovery process they have been in recently. In the market, where there is an upswing, it’s easy to notice that many ...
Former Korean Finance Minister Joins Hashed Open Research to Promote Blockchain
A senior South Korean government official has joined the research offshoot of blockchain VC Hashed. Kim Yong-beom is a well-known figure in his homeland, where he held the role of Vice Minister of the...
Hoge Finance Among Top Memecoins – Does it Have a Future? Tamadoge a Better Investment
The last couple of years have been crazy for meme coins. The attention they’ve gotten has far left the decade-old Bitcoin, and it’s fair to say that meme coins are investors’ favorite altcoins in 2022...
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash – Finance Bitcoin News
The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country...
India is bullish on cryptocurrency, 56% think of it as the future of finance
The global markets have taken a deep plunge, carrying the cryptocurrency market with them. With a consolidating pace, the market seems to show signs of volatility, while ending up within the same pric...