Discover the Latest DeFi Crypto News

Aave To Freeze BUSD Reserves On Ethereum

Naga Avan-Nomayo·February 13, 2023

Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum. Zeller argued that the Paxos-issued stablecoin was bound to decline in supply and inability to mint new tokens would affect peg arbitrage...

DeFi Staking Tokens Volatile Following SEC’s Crackdown On Staking Services

Aditya Anand·February 10, 2023

DeFi Staking Tokens Volatile Following SEC's Crackdown On Staking Services 10

The SEC's crackdown on staking services in the U.S had led to traders turning to DeFi staking protocols. Governance tokens of liquid staking services were very volatile over the past 24 hours.

3AC Founders Launch New Exchange For Crypto Claims Trading

Aditya Anand·February 9, 2023

3AC Founders Launch New Exchange For Crypto Claims Trading 11

Three Arrows Capital (3AC) founders Su Zhu and Kyle Davies have teamed with CoinFLEX to launch a new crypto exchange that will allow users to trade their claims against bankrupt crypto firms.

Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Naga Avan-Nomayo·February 3, 2023

An Ethereum-linked DeFi system will roll out by May 2023 for Sberbank customers Institutional clients, and MetaMask users.

Ether (ETH) Poised For $6K By 2025, $14K By 2030: Finder Report

Naga Avan-Nomayo·February 2, 2023

Summary: The average number of 56 industry experts expect ETH to hit finish 2023 above $2,000 and hit $6,000 by 2025. Finder’s panelists also opined that Ethereum could flippen Bitcoin as the largest crypto by market...

Wormhole Set To Become Uniswap’s Official Bridge To BNB Chain

Aditya Anand·January 31, 2023

Wormhole Set To Become Uniswap’s Official Bridge To BNB Chain 12

Cross-chain bridge Wormhole has won the governance vote to become Uniswap's official bridge to BNB Chain. It will be used by Uniswap V3 for cross-chain governance messaging between Ethereum and BNB Chain.

Aave Eliminates Bad Debt With 2.7 Million CRV Purchase

Aditya Anand·January 26, 2023

Aave Eliminates Bad Debt With 2.7 Million CRV Purchase 13

Aave has acquired 2.7 million CRV to clear a bad debt from last year. The bad debt was the result of a failed exploit orchestrated by Avraham Eisenberg.

MakerDAO Approves Preliminary Proposal To Park $100 Million USDC In Yearn Finance Vault

Naga Avan-Nomayo·January 25, 2023

Summary: The MakerDAO proposal to earn yield from a Yearn Finance vault was backed by the governance community. Yearn Finance’s special investment vehicle or vault has a cap of $100 million. The USD Coin treasury allocation...

SushiSwap Increases Fee Allocation To Treasury, Approves SUSHI Clawbacks

Aditya Anand·January 24, 2023

SushiSwap Increases Fee Allocation To Treasury, Approves SUSHI Clawbacks 14

SushiSwap has approved two key proposals to boost its treasury by diverting trading fees and clawing back SUSHI tokens in the Merkle Distributor.

Uniswap Community Greenlights Launching DEX On BNB Chain: 0xPlasma Labs

Naga Avan-Nomayo·January 23, 2023

Proposal to launch Uniswap V3 on BNB Chain garners huge support from community and passes temperature check.

Raydium Attacker Moves $2.7 Million Stolen ETH To Tornado Cash

Naga Avan-Nomayo·January 19, 2023

Summary: The Raydium exploiter drained a total of $4.4 million in digital assets from the Solana DEX in December 2022 before moving the funds to Ethereum’s blockchain. A wallet controlled by the hack transferred $2.7 million...

North Korea’s Lazarus Group Moves Funds Tied To $100 Million Harmony Bridge Hack

Aditya Anand·January 16, 2023

North Korea’s Lazarus Group Moves Funds Tied To $100 Million Harmony Bridge Hack 15

The Lazarus Group has moved funds associated with last year's $100 million Harmony bridge hack, A few of the linked wallets have been frozen by Binance and Huobi.

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Ethereum’s Shanghai Upgrade To Raise ETH Staking Average And Balloon PoS Validator Count: Report

Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Ether (ETH) Poised For $6K By 2025, $14K By 2030: Finder Report

Crypto Winter Forces LocalBitcoins To Shut Down Operations

Grayscale Files ‘Final’ Briefs In ETF Lawsuit Against SEC

Cathie Wood’s Ark Invest Says Bitcoin Could Exceed $1 Million By 2030

Aave To Freeze BUSD Reserves On Ethereum

DeFi Staking Tokens Volatile Following SEC’s Crackdown On Staking Services

3AC Founders Launch New Exchange For Crypto Claims Trading

Yuga Labs’ Dookey Dash Is Plagued With Rampant Cheating

Chiliz (CHZ) Debuts EVM-Compatible L1 Blockchain

Squiggles NFT Founders Face Federal Grand Jury Investigation

Aave To Freeze BUSD Reserves On Ethereum

Paxos: BUSD Redemptions Continue Till At Least February 2024

SEC Targets Binance Stablecoin, Paxos To Stop Minting BUSD

Explore Yield Farming with Liquidus App

CEO of LYOPAY Luiz Góes on the Cover of IB Magazine

BREAKING: Nexo Is Shutting Down Its U.S Business

Decentralized Finance (DeFi)

Aave To Freeze BUSD Reserves On Ethereum

DeFi Staking Tokens Volatile Following SEC’s Crackdown On Staking Services

3AC Founders Launch New Exchange For Crypto Claims Trading

Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Ether (ETH) Poised For $6K By 2025, $14K By 2030: Finder Report

Wormhole Set To Become Uniswap’s Official Bridge To BNB Chain

Aave Eliminates Bad Debt With 2.7 Million CRV Purchase

MakerDAO Approves Preliminary Proposal To Park $100 Million USDC In Yearn Finance Vault

SushiSwap Increases Fee Allocation To Treasury, Approves SUSHI Clawbacks

Uniswap Community Greenlights Launching DEX On BNB Chain: 0xPlasma Labs

Raydium Attacker Moves $2.7 Million Stolen ETH To Tornado Cash

North Korea’s Lazarus Group Moves Funds Tied To $100 Million Harmony Bridge Hack

Ethereum World News