Category: DeFi
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Curve Founder Faces Liquidation Risks
In the fast-paced world of cryptocurrencies, volatility is not uncommon. However, recent developments surrounding Curve founder Michael Egorov have sent shockwaves through the market. Egorov is currently facing significant liquidation…
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Celo Community Considers Transitioning to Ethereum Layer 2
The Celo community is currently engaged in discussions and seeking feedback on a proposal that could potentially bring Celo back to its roots on the Ethereum blockchain. The proposal suggests…
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Linea Reaches Major Milestone with Mainnet Alpha Release
Linea, a project aimed at creating a more scalable Ethereum network, has achieved a significant milestone with the launch of its mainnet alpha release. This development follows a successful public…
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ArcadiaFi Hack, $455K Loss on Ethereum and Optimism Networks
ArcadiaFi exploit on both the Ethereum and Optimism networks resulted in a staggering loss of $455,000. The exploit was facilitated through the manipulation of conversations and took advantage of vulnerabilities…
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Ripple and Stellar Lumens $XLM may collaborate with FedNow
As digital transactions become increasingly prevalent, the need for faster and more efficient payment systems has become paramount. Recognizing this demand, the Federal Reserve has developed FedNow, an instant payment…
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Fantom Network Introduces $USDC, $USDT, $WETH, and $WBTC on top of LayerZero
In an exciting development for the Fantom network, the introduction of four prominent tokens, $USDC, $USDT, $WETH, and $WBTC, built on top of LayerZero, has been announced. The Fantom network…
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Vitalik Buterin Challenges the Safety of Staked Ether
Ethereum co-founder Vitalik Buterin has recently expressed concerns about the security of the over $40 billion worth of ETH that has been staked. Buterin, has limited his own stake in…
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Dev Accuse Uniswap of Limiting Open Source Access to Code
DeFi developers are expressing their frustration with Uniswap, the top decentralized cryptocurrency exchange, after it implemented a Business Source License (BSL) for its latest release. The move prevents other developers…
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BNBChain’s opBNB on Testnet Aims to Revolutionize the Gaming and DeFi Space
BNBChain has recently announced the launch of opBNB on testnet, introducing a Layer 2 (L2) solution that leverages the OP Stack. opBNB, with a block gas limit of 100M gas,…
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Uniswap v4 Whitepaper Reveals New Features and Innovations for Decentralized Exchanges
Uniswap v3 already revolutionized the DEX landscape by providing liquidity providers (LPs) with enhanced flexibility in deploying their liquidity. LPs were able to simulate any static automated market maker (AMM)…
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Solana Foundation Disagrees with SEC SOL Classification as Security
The Solana Foundation has responded to the ongoing debate regarding the characterization of SOL, the native cryptocurrency of the Solana blockchain, as a security. The foundation strongly disagrees with this…
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Ethereum’s L2 Supplier Fees: Arbitrum and Optimism Hit All-Time Highs
Ethereum has emerged as a prominent platform for decentralized applications (DApps) and smart contracts. As Ethereum’s popularity grows, so does the demand for Layer 2 (L2) scaling solutions to address…
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Allegations of Fraud Against Curve Founder
Venture firms have come forward to accuse the founder of Curve, of orchestrating an elaborate fraud scheme. The allegations leveled against the founder have sent shockwaves through the startup community,…
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The Decentralized Finance (DeFi) Sector Witnesses Surge in Liquidation Volume
The decentralized finance (DeFi) sector has recently experienced a significant surge in liquidation volume, reaching over $11 million, as reported by Parsec’s latest data. This milestone marks the highest recorded…
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Uniswap Labs Unveils FLAIR Metric to Empower Liquidity Providers
Uniswap, the groundbreaking decentralized finance (DeFi) protocol known for its automated market makers (AMMs), has revolutionized the world of decentralized exchanges. Since its release in 2018, the Uniswap Protocol has…
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Multichain Restoring Cross-Chain Services
Multichain, a prominent cross-chain routing protocol, recently made an exciting announcement regarding the resumption of its cross-chain services on several networks. This development comes after a temporary disruption caused by…
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DeFi Tiger Token Launches to Raise Awareness for Tiger Conservation
A new cryptocurrency, DeFi Tiger Token (DTG), has launched with the goal of raising awareness for tiger conservation. The token is built on the Binance Smart Chain network and is…
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Elusiv Releases First Open-Source Privacy-Centric SDK on Solana
Elusiv, a privacy-focused platform for Solana, today announced the release of its first open-source privacy-centric SDK. The SDK gives developers access to various privacy features that can be easily integrated…
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Gitshock Finance Aims to Accelerate Mass Blockchain Adoption
Gitshock Finance, a web3 startup company, is on a mission to accelerate mass blockchain adoption. The company consists of two public blockchains, one blockchain protocol, blockchain software as a service,…
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USDTOCH and Fomoin Partner to Empower the Crypto Community
USDTOCH and Fomoin have announced an exciting partnership to bring together two innovative projects with a shared vision for empowering the crypto community and driving the adoption of cutting-edge blockchain…
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