Category: DeFi

11
Oct
2024
Posted in DeFi

Roll-up ZK Scroll integrates Chainlink’s CCIP to enable cross-chain token transfers and interoperability

Zero-knowledge rollup Scroll now uses the Chainlink Cross-Chain Interoperability Protocol (CCIP). According to a press release issued with The Block on Thursday, native access to CCIP would allow developers to…

02
Oct
2024
Posted in DeFi

AAVE V3 crosses $10 billion TVL as the DeFi comeback picks up steam

As of September 28, the newest version of the well-liked decentralized lending system, AAVE V3, had amassed more than $10 billion in total value locked (TVL) on Ethereum. Reaching this…

22
Aug
2024
Posted in DeFi

Prior to the launch of the token, Base DeFi protocol BSX raises $6.2 million

Pre-seed and seed investment rounds for BSX Exchange, a DeFi derivatives technology developed on the Ethereum Layer 2 network Base, have brought in $6.2 million. The latest $4 million seed…

10
Aug
2024
Posted in Altcoin DeFi Resources and Guides

Algorithmic stablecoins: what are they? Important Elements and Their Danger

Important lessons learned A cryptocurrency known as a stablecoin is one that is based on the value of a real asset, such as gold or fiat money. Because such tokens…

08
Aug
2024
Posted in DeFi

In Their Most Recent Investment Round, HTX Ventures Is Focused on Infrastructure, DeFi, and AI

The main investment trajectories for the first half of 2024 have been announced by HTX Ventures, the investment division of the international cryptocurrency exchange HTX. The business claims that the…

07
Aug
2024
Posted in DeFi

Kiln introduces the DeFi stablecoin incentive service, initially for web3 wallet customers on Crypto.com

Kiln, an institutional cryptocurrency staking platform, has introduced “Kiln DeFi,” which aims to make stablecoin rewards easier to obtain and provide customers the opportunity to earn more money from their…

02
Aug
2024
Posted in DeFi

Switchboard’s New Oracle Aggregator Revolutionizes DeFi

Switchboard, a well-known oracle network with a reputation for having fully customisable and permissionless capabilities, has released an innovative Oracle Aggregator. Across several oracle networks, including well-known ones like Chainlink…

19
Jul
2024
Posted in DeFi

The EigenLayer exodus is the reason for a further decline in the restaking sector

EigenLayer saw the most net withdrawals in a single day in its history on July 11. At that time, the net outflows were over $135 million, or over 43,550 ETH….

19
Jul
2024
Posted in DeFi

With its $2.75 million seed round, Liquidium hopes to provide Bitcoin an Aave-like experience

The lending platform Liquidium has become a prominent DeFi hub in the Bitcoin ecosystem by raising $2.75 million in a seed round. Among the investors in the round are Wise…

10
Jul
2024
Posted in DeFi

Coins.ph introduces PHPC Stablecoin on the Ronin Blockchain

The Philippine-based cryptocurrency exchange Coins.ph has launched PHPC, a stablecoin worth Philippine Pesos (PHP), on the well-liked gaming blockchain Ronin, which has a sizable daily active user base. This endeavor…

10
Jul
2024
Posted in DeFi

To upgrade Ethereum Layer-2 with Solana capabilities, Rome Protocol raises $9 million

In order to include modular services from the Solana network into Ethereum’s ecosystem, Rome Protocol has raised $9 million in a financing round. According to the protocol, a number of…

27
Jun
2024
Posted in DeFi Resources and Guides

Decentralized Autonomous Organizations (DAOs): What are they? Beginner guide for Noobs.

As of May 2024, there are projected to be 15,000 DAOs in operation. These entities are important players in the decentralized market. As a result, the article you are currently…

19
Jun
2024
Posted in DeFi

Base Network Outpaces Binance Chain Among DEX Users Who Are Active

Base, the Layer 2 network that Coinbase supports, is seeing a sharp increase in trading activity, making it the second-most active network in terms of DEX users this month. Dune…

19
Jun
2024
Posted in DeFi

Morpho, the DeFi protocol, is the first L2 to deploy on Base

Although Morpho was first introduced on the Ethereum network, it is now active on Base in order to leverage the expanding DeFi ecosystem. With the help of the Morpho protocol,…

14
Jun
2024
Posted in DeFi

ZapperFi will offer a Road to Onchain Literacy through the usage of the Zapper Protocol

In an effort to make onchain data more comprehensible, Zapper Finance, a decentralized finance (DeFi) portfolio dashboard, has introduced Zapper Protocol. The Zapper Protocol introduces indexing templates: Event Interpreters, which…

14
Jun
2024
Posted in DeFi

Curve Finance’s founder is liquidated as the price of the CRV token drops precipitously

Curve Finance founder Michael Egorov had his investments in on-chain loans canceled earlier on Thursday. The price of Curve DAO, the token associated with the decentralized exchange, has dropped by…

13
Jun
2024
Posted in DeFi

Circle will let Solana developers to use Gas Station to settle customer gas bills

Circle has formalized the integration of Gas Station and Programmable Wallets, expanding its Web3 Services to include the Solana blockchain. Both solutions seek to enhance the developer experience by streamlining…

12
Jun
2024
Posted in DeFi

Community ZkSync responds to the disastrous airdrop

Zero-knowledge (ZK) layer-2 network zkSync verified an airdrop for active on-chain participants one year after users initially dreamed of a governance token. More than 695,000 individuals will acquire 17.5% of…

10
Jun
2024
Posted in DeFi

DappRadar: DeFi Total Value Locked Soars to $192,000,000, Marking Best Performance in 15 Months

TVL, which stands for the total amount of money placed inside a protocol’s smart contracts, is frequently used to assess how well a cryptocurrency ecosystem is doing. The majority of…

16
May
2024
Posted in DeFi

Bridge for the L2 protocol of Bitcoin Alex loses $4.3 million due to dubious renovations

A study published on May 14 by blockchain security platform CertiK states that after a sudden contract upgrade, the BNB network’s Alex protocol bridge saw $4.3 million in fraudulent withdrawals….