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DeFi
Osmosis hits $1 billion in monthly volume as interest in Cosmos surges
Cosmos-based DEX Osmosis hit $1.121 billion in monthly volume during December 2023, based on DefiLlama data.The DEX’s native token OSMO has surged on the back of…
PancakeSwap community passes proposal to reduce token supply by 300M
In a landmark decision, decentralized exchange (DEX) PancakeSwap has successfully passed a proposal to reduce the total supply of its native token, CAKE, to a…
PancakeSwap’s CAKE token jumps 10% as proposal gains traction to practically half…
PancakeSwap’s native CAKE token price surged nearly 10% today, according to CryptoSlate’s data, following the decentralized exchange (DEX) proposal to reduce its…
Ondo Foundation Proposes ONDO Token Unlock: A New Chapter in Democratizing Finance
The Ondo Foundation, a key player in the decentralized finance (DeFi) landscape, has announced a significant development in its journey: a proposal for the release…
BendDAO Unveils BRC-20 Service to Bridge BRC-20 and ERC-20 Liquidity
BendDAO, a notable player in the NFT lending platform space, has announced an innovative step forward with the upcoming launch of its ‘BendDAO BRC-20’ service.The…
KyberSwap cuts staff by 50% after $54M exploit
KyberSwap, a leading decentralized exchange (DEX) aggregator, announced a 50% reduction in its workforce following a $54 million exploit earlier this month.CEO and…
Trader Joe Revamps ‘Swap Anyway’ Feature for a Smoother Decentralized Exchange…
Trader Joe, a prominent player in the decentralized exchange arena, has rolled out a significant update to its ‘Swap Anyway’ feature, marking a substantial…
Unifying the blockchain babel with universal connector
In the decentralized finance (DeFi) space, each blockchain or protocol can be compared to a unique stall in a bustling marketplace. However, there’s a twist: each…
Understanding the risk of yield farming
Yield farming, a concept born out of the decentralized finance (DeFi) ecosystem, has recently gained popularity. Simply, it refers to deploying idle cryptocurrency…
SolendProtocol Joins Sui: A Milestone Integration Expanding Beyond Solana
SuilendProtocol, also known as SolendProtocol on Solana, has taken a significant step by integrating with the Sui blockchain. It marks a pivotal moment for Solend,…