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Back From The Dead: Friend.tech TVL Surges To New ATH
Friend.tech, once presumed a dead platform, has made a tremendous comeback, reaching a new all-time high in terms of Total Value Locked (TVL). Friend.tech Unexpected Resurrection Friend.tech, a...
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Why Coinbase CEO Brian Armstrong Wants DeFi Protocols To Take The Fight To...
Amid the intensifying regulatory scrutiny of the crypto industry, regulators have turned their attention toward decentralized finance (DeFi) protocols, accusing several of them of operating without...
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Balancer Protocol Gets Compromised Second Time In Less Than A Month
One of the leading decentralized finance (DeFi) protocols, Balancer Protocol – an Ethereum-based automated market maker (AMM), has recorded the second hack in less than a month. In the ongoing hack,...
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GMX Paid A Hefty Prize Because Of This Flaw
GMX, a decentralized exchange, awarded Collider Research a $1 million bug bounty in 2022. This payout was in recognition of their discovery of a critical bug in GMX’s smart contracts that directly...
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dYdX Founder Calls Foul Play In $9 Million Insurance Fund Loss
Decentralized exchange (DEX) dYdX has had to take out millions from its insurance fund to cover user liquidations on its platform, according to a recent announcement. This action was forced by the...
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Borrowing USDC Is Very Expensive On Aave And Compound, What’s Going On?
Borrowing rates for USDC, one of the most liquid dollar-pegged stablecoin, remain high on Aave and Compound v2, two of the world’s top decentralized protocols. According to Kaiko, a blockchain...
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Top 20 DEXes Like Uniswap, PancakeSwap Have Cumulatively Processed Over $4.4...
The decentralized finance (DeFi) sector continues to gain traction if on-chain data, especially from decentralized exchanges (DEXes), is anything to go by. According to Token Terminal data on December...
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Ledger Falls Victim To Supply Chain Attack, Over $480,000 Drained
In yet another significant security breach, unknown malicious agents targeted Ledger, the popular hardware wallet provider, aiming to exploit their LedgerConnect kit. Blockaid, a platform aiming to...
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Aave Seeks To Integrate Chainlink’s CCIP For GHO Transfers
Aave, a decentralized finance (DeFi) platform, has published a governance proposal to integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain transfers of its GHO...
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Trader Joe Flips PancakeSwap To Become Second-Largest DEX After Uniswap
Trader Joe, the decentralized exchange (DEX) dominating Avalanche, has surpassed PancakeSwap. It is now the second-largest DEX by fees generated in the past 24 hours. Trader Joe Is The Second Largest...
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UNI Soars 110% As Number of Uniswap Users On Base, Optimism Double
Uniswap Labs, the developer behind one of the top decentralized exchanges (DEX), Uniswap, notes that the number of users leveraging its platform on Optimism and Base has more than doubled in the last...
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Why Did Dogecoin And Shiba Inu Drop Almost 15% Today?
The prices of both Shiba Inu and Dogecoin fell double-digits on Friday after Bitcoin dropped below $67,000. This decline has seen both meme coins lose their gains for the last few days, triggering...
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