KyberSwap DEX exploited for $46 million, TVL tanks 68%
Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized...
NFT News
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle has introduced a new standard to streamline the process of launching its stablecoin, USDC (USDC), on new networks, according...
6 Questions for Alex O’Donnell about the future of DeFi
Umami Labs CEO Alex O’Donnell grew up on the outskirts of Philadelphia before attending Temple University to study literature and...
Aave Ecosystem Rebranding to Avara
Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that...
Yearn Finance’s YFI Token Tumbles 40% Daily Despite V3 Announcement
The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the...
3 metrics DeFi traders can watch in order to spot the next crypto bull market
The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of...
RUNE Soars 40% Weekly as THORChain Claims 2nd Place in DEX Daily Trading Volumes
THORChain, a native asset settlement protocol, is now the second-largest decentralized exchange (DEX). Its native token, RUNE, has experienced a...
Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry....
Who Will the Famous Athlete Be?
TL;DR Shiba Inu’s New Release: The Shiba Inu team announced the second edition of The Shib Magazine and a 3,000...
Aave V3 Markets Resume Operations Following Security Vulnerabilities
Aave V3 markets have been unpaused by the Community Guardian, signaling the resolution of the issues that prompted the temporary...
XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This...
Proof of Stake Alliance updates recommendations for staking providers
The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated...
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability...
Stablecoin Activity Takes Crown From DeFi in Q3: Report
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become...
Exploited MEV Bot Incurs $2M Loss in Curve Pool Swaps: Data
According to PeckShield Alert data, an unknown Miner Extractable Value (MEV) bot has fallen victim to a hack, causing a...
NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling...
Aave Initiates Vote to Temporarily Disable Stable Borrows Across All Networks
Decentralized finance (DeFi) platform Aave has taken a significant step to bolster security measures, initiating a crucial vote to disable...
BNB Chain, Ethereum Blockchains Suffer 20 Attacks in October, Taking the Hardest Hits: Report
According to the latest report from Immunefi, from January to October 2023, over $1.41 billion has been lost to hacking...
Aave pauses several markets after reports of feature issue
Decentralized finance (DeFi) protocol Aave paused a number of markets on Nov. 4 after receiving reports of an issue affecting...
SafeMoon addresses recent exploits amid SEC charges
Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations...
Law professor says blockchain tech could ‘revolutionize’ copyright offices
A professor from the Texas A&M University School of Law recently published research exploring blockchain technology use cases in the...
Frax Finance Reports Domain Hijacking Incident
Frax Finance, a prominent decentralized cross-chain protocol, has warned its users, urging them not to use the frax.finance and frax.com...
