Decentralized finance (DeFi) has been one of the fastest-growing sectors in the crypto space since its emergence in 2018. However, like many other sectors, DeFi has seen a negative impact in the curre...
Tag: protocols
Uniglo (GLO) Price Explosion Due to Price Action of Competing Protocols Like Convex (CVX) and Kusama (KSM)
A new project in decentralized finance (DeFi) is surging and could be making its way to the top 50 list of cryptocurrencies. We are talking about Uniglo (GLO), one of the latest project additions to t...
Forward Protocol’s Co-Founder, Mitch Rankin, Set to Attend CV Summit 2022
Mitch Rankin, the co-founder of Forward Protocol, a building toolkit for a decentralized value-driven economy, is to attend the upcoming CV Summit 2022, Switzerland’s flagship cryptocurrency and block...
Why DeFi Protocols Are Limiting ETH Borrowing Ahead of Ethereum’s Merge
The risks for both protocols, Compound and Aave, and perhaps other DeFi lenders, are similar: Airdrop speculators could suction up ETH deposits thereby creating liquidity constraints for other users. ...
DeFi protocols are limiting Ether borrowing — here’s why
After years of preparation, the Ethereum network will transition to a proof-of-stake (PoS) consensus mechanism later this month. The Merge represents the blockchain’s most significant landmark to date...
Fintech Firm Lightnet Group Gets $50M From LDA Capital to Boost Velo Protocol’s Technology
Velo, a protocol developed by Lightnet partner Velo Labs, is focused on cross-border payments service, specifically in the Asia-Pacific region. The protocol lets licensed financial institutions create...
Terra Crash Pushed TVL Nose Dive in DeFi Protocols
Risk Harbor and Astroport (ASTRO), dropped by more than 93% and 99%. Over $31 billion has been lost in these protocols since then. Investors’ worst fears had come true with LUNA’s demise, as the whole...
Ethereum Merge Could Affect Stablecoins & DeFi Protocols, Says Report
Ethereum’s transition to a proof-of-stake (PoS) network could affect DeFi protocols and stablecoins running on the blockchain network, DappRadar revealed in a new report. According to the report, the ...
David Holtzman Becomes Latest Addition To Naoris Protocol’s Advisory Board
Noted designer of the global Domain Name Service (DNS) registration system used by ICANN and author of several privacy-focused books, David Holtzman, has accepted an advisory role in the blockchain-ba...
Uniswap eyes NFT financialization, in talks with lending protocols
Crypto exchange Uniswap engaged in talks with multiple nonfungible token (NFT) lending protocols, according to a social media post from Uniswap’s head of NFT product Scott Lewis. In the tweet, L...
Uniswap Pursues Deal with 7 Lending Protocols
Current NFT financialization practices are along five verticals: NFT aggregation, fractionalization, lending, pricing, and rental. Decentralized exchange, Uniswap, has announced it is in talks with se...
Uniswap Engaged Lending Protocols As It Craves For NFT Financialization
Uniswap is currently showing its desire for NFT financialization. The exchange has opened talks with several NFT lending protocols concerning its sudden Interest. Scott Lewis, the head of NFT product ...
Uniswap in talks with 7 lending protocols to ‘build NFT financialization’
Decentralized exchange Uniswap is in talks with seven NFT lending protocols, according to a tweet from its head of NFT product Scott Lewis. uniswap is the interface for all nft liquidity. we are now i...
Hacker Loses 5 Ether In A Failed Exploit On Near Protocol’s Rainbow Bridge ⋆ ZyCrypto
Advertisement     Crypto bridges have become a hot target for nefarious actors. However, not all malicious attackers make away with millions in stolen digital assets. ...
Near Protocol’s Rainbow Bridge Successfully Defies Exploit
In only 31 seconds, the hackers lost their 5 Ethereum investment. No funds were compromised despite the hacking effort. Over the weekend, there was yet another effort to break into the Rainbow Bridge ...
Gnox Protocol’s (GNOX) Initial Treasury Of $50,000 Likely To Overshadow That Of BitDAO (BIT) And Curve (CRV) Within Two Years
Treasury management is critical to the success of DeFi (decentralised finance) protocols. Gnox (GNOX) is a newcomer to the Binance Smart Chain, providing a low-touch investment vehicle for DeFi exposu...
Fei Protocol’s Plan to Exit Tribe DAO Marred With Controversy
Fei protocol’s plan to exit the Tribe DAO has created a new drama in the DeFi space after the Frax Finance founder alleged that FEI is refusing to refund those who lost money in an early exploit. Fei ...
DeFi Platform Fei Protocol’s Founder Devises Ghosting Tribe DAO
8 seconds ago | 2 mins read Defi News Fei Protocol offered the hacker $10 million in exchange for the restoration. The agreement strives to protect the FEI peg without the requirement for governance. ...
North Korean Hackers Have Looted $1,000,000,000 From DeFi Protocols This Year: Chainalysis
Hacking groups affiliated with North Korea are responsible for much of the theft occurring on decentralized finance (DeFi) protocols, according to blockchain analysis platform Chainalysis. The market ...
CoinFund Floats $300M Web3.0 Fund to Back Innovative Protocols
CoinFund has been a dedicated investor in the digital currency ecosystem for a while now, and the companies in its portfolio include Blockdaemon, Polkadot, Dapper Labs, and Rarible. New York-based cry...
Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder
There are mounting concerns that recent United States government sanctions against Tornado Cash will become a “slippery slope” for Web3 privacy that could eventually make the entire space “meaningless...
Major DeFi Protocols Block Accounts Linked to Tornado Cash
Following the OFAC ban on Tornado Cash, major DeFi protocols including Aave, Uniswap, Balancer, Ren, and Oasis have blocked all the addresses associated with Tornado Cash, regardless of type. That mea...
Let’s stop trying to be liquidity protocols
After a number of large-scale exploits of bridges, a lot of oxygen is being given to the narrative that cross-chain technology is inherently flawed — that cross-chain interoperability means risk. With...
Celphish Finance, Uniswap, and Maker: Three DeFi Protocols with Multichain Capabilities
Place/Date: – August 14th, 2022 at 4:02 pm UTC · 3 min read Source: Celphish Finance Decentralized finance (DeFi) first emerged following the launch of Ethereum in 2015 with its pioneering smart...
DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
Several decentralized applications on the Ethereum network have implemented code changes to revoke access from “sanctioned” addresses. The currently identified protocols are Aave, Uniswap, Ren, Oasis,...
A Look at Under-Collateralized Lending Protocols
August 8, 2022, 1:27PM EDT • 10 min read Quick Take The borrowing and lending space in DeFi has been dominated by over-collateralized lending, but under-collateralized lending has been gaining tractio...
Not All Protocols Are Created Equal
One should not underestimate the growth potential of the decentralized decentralized [email protected] Event Organiser Followers : 0 View profile finance industry. However, there are some concerns as ...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team – Bitcoin News
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams t...
New Uniswap Proposal Could Help Ease the Protocol’s Governance Woes
The Uniswap Foundation would address three major sticking points: governance friction, navigation and grant disbursements The foundation would be a completely independent entity whose mandate is to fo...
Cask Protocol’s Recurring Money Flows Are Now Live on Avalanche
Cask Protocol recently expanded its recurring money flows on the Avalanche network. The expansion allows communities and dApps to accept recurring cryptocurrency payments. As an EVM-compatible smart c...
Why Regulated DeFi Protocols And Stablecoins Are The Next Conquerable Frontier
Advertisement     The Terra/Luna debacle does not signal the crash of crypto; it does signal the urgent need for compliant DeFi protocols and stablecoins. Many people ...
DeFi’s downturn deepens, but protocols with revenue could thrive
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week. This past week, the D...