In the wild west of cryptocurrency, security breaches are not uncommon, but the recent incident involving Bitcoin DeFi platform ALEX Lab has sent shockwaves through the community. On June 17,…
Curve Finance, a leading decentralized finance (DeFi) protocol, recently found itself at the center of controversy following a significant liquidation event involving its native token, CRV. The founder, Michael Egorov,…
Wintermute, a well-known market maker, sold 9.29 million crvUSD at a premium, earning approximately $630,000 in profit. This strategic sale was heavily influenced by the recent liquidation activities of Curve…
The memecoin Normie experienced a catastrophic attack that resulted in its price plummeting by over 99% within a single minute. The market value of Normie fell from a robust $40…
Curve Finance, a decentralized finance (DeFi) platform, its native token CRV witnessed a sharp decline. This decline not only shook the market but also had severe repercussions for the platform’s…
Yearn Finance (YFI), a prominent player in the decentralized finance (DeFi) ecosystem, has witnessed a staggering 45% nosedive. The free fall is attributed to what appears to be an exit…
In a recent move towards bolstering regulatory frameworks, the European Securities and Markets Authority (ESMA) has released a comprehensive paper titled, DeFi “Decentralisation Finance: A Categorisation of Smart Contracts.” While…
The token sale conducted by Optimism witnessed the sale of a total of 116 million OP tokens, which represents approximately 30% of the initial OP token supply. What makes this…
Grayscale, the leading digital asset management firm, has made a significant adjustment to its investment portfolio of decentralized finance (DeFi) funds. In this latest move, Grayscale has added the Lido…
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,…
The ApeCoin ecosystem has fallen victim to a major hacking incident. The hacker, who goes by 0x8f7370D5d461559f24b83ba675b4C7e2Fdb514cC, has managed to exploit vulnerabilities within the system and gain approximately 630,000 USD…
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)…
Thekeep3r (KP3R) platform, a significant player in the DeFi space, experienced a targeted attack that resulted in the loss of approximately 4,084 KP3R tokens, equivalent to around $200,000 USD. Thekeep3r…
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…
In a remarkable show of support, the decentralized perpetual contract protocol, dYdX, has witnessed an overwhelming 99.95% community approval rate for the “Launch of dYdX Operating Sub-DAO V2” proposal. This…
Uniswap, the decentralized exchange (DEX) that has gained significant popularity in the world of decentralized finance (DeFi), is set to make a major advancement. Contributors to Uniswap are actively working…
Curve Finance, a decentralized finance (DeFi) protocol, has deployed the crvUSD stablecoin smart contract on the Sepolia test network. This move represents a significant step forward for the development of…