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DeFi
Nabla Finance’s Incentive Program: A Million Reasons to Engage
In a move designed to stimulate participation and engagement, Nabla Finance, a state-of-the-art automated market maker leveraging the power of Pyth data, unveiled a…
Hacked crypto funds falls 98% YoY to $1.9 billion as US leads attacks: Report
In 2023, the blockchain security landscape witnessed a $50 billion drop in lost crypto assets, depicting a shift towards enhanced security protocols and the…
Decentralized Finance (DeFi) protocols proposed as “critical infrastructure”…
In a recently proposed regulatory framework, legal experts from Polygon Labs and Arktouros have recommended that truly decentralized DeFi protocols be classified as…
PayPal’s dollar-backed stablecoin PYUSD gains traction in DeFi
PayPal’s dollar-backed stablecoin, PYUSD, is making waves in the decentralized finance (DeFi) space, with a recently launched liquidity pool on the Curve automated…
CFTC says DeFi poses ‘serious risks’ due to lack of accountability
A new report released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee has released a comprehensive report — “Decentralized Finance” — outlining…
PancakeSwap Burns 8.74 Million CAKE Tokens Valued at $25 Million Eliminated
PancakeSwap, a renowned multi-chain decentralized exchange, has announced a substantial token burn. The platform has effectively destroyed 8,740,957 CAKE tokens, a…
Redacted Cartel Embraces Chainlink CCIP for Enhanced Cross-Chain Capabilities
Redacted Cartel, a significant player in the decentralized finance (DeFi) landscape, is set to revolutionize its platform by integrating Chainlink‘s Cross-Chain…
BendDAO Announces Complete Distribution of $BDIN Tokens with Enhanced Security Measures
BendDAO has recently reached an important milestone in its operations by successfully distributing all $BDIN tokens that were minted. The accomplishment is a…
Curve Finance Expands DeFi Horizons with New Liquidity Pool on Arbitrum
The decentralized finance (DeFi) landscape is witnessing a significant development as Curve Finance announces the launch of its MIM/crvUSD liquidity pool on the…
Arbitrum DEXs daily transaction volume eclipse Ethereum, Solana
Decentralized exchanges (DEX) transaction volume on Arbitrum, a layer2 network, surpassed that of Ethereum for the first time during the past day, according to…