Vertex Bids Farewell to Arbitrum and Migrates to Ink in Search of Better Conditions
TL;DR Vertex will shut down its DEX on Arbitrum and migrate its infrastructure to Ink, a Layer 2 network backed by Kraken, eliminating its VRTX token. VRTX holders…
DeFi
DeFi coverage examines financial activity built on public blockchains. This archive follows lending protocols, decentralized exchanges, staking, governance, liquidity markets, token launches, exploits and risk management across open financial infrastructure.
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Hyperliquid in Controversy After JELLY Manipulation and Million-Dollar Exploit
TL;DR A user manipulated JELLY on Hyperliquid and made over $6 million by exploiting the platform’s liquidation system. Although Hyperliquid removed JELLY, the attacker…
Uniswap Boosts Its Ecosystem with a Million-Dollar Investment
TL;DR The Uniswap community has approved a $165.5 million investment to strengthen its ecosystem, marking a major milestone in the evolution of the decentralized…
Artemis and the Controversy with DefiLlama: The Debate on Data Ownership in DeFi Intensifies
TL;DR A DefiLlama developer accused Artemis of using its database without proper attribution, sparking a heated debate within the crypto community. Artemis argued that…
DeFi Sector Faces 16% TVL Decline, Stablecoin Market Remains Resilient
TL;DR The DeFi sector experienced a 16% drop in total value locked (TVL) over the past week, falling from $140.95 billion to $117.76 billion…
Aave and Chainlink: A Strategic Alliance Against MEV
TL;DR Aave plans to use Chainlink’s Smart Value Recapture (SVR) oracle to redirect MEV profits back to its users. The SVR could capture up…
On-Chain Lending Protocols See Record Activity in 2024
TL;DR The DeFi market has seen a resurgence in on-chain lending protocols, reaching activity levels not seen since 2021, driven by increased stablecoin liquidity…
Kraken’s Ink Blockchain Reaches 1 Million Transactions in Just One Week
Kraken, one of the most prominent cryptocurrency exchanges globally, has launched its own Ink network, a Layer 2 solution based on Ethereum. In just…
Aurora Labs Revolutionizes the TURBO Ecosystem with TurboChain and TurboSwap
Aurora Labs, in collaboration with the NEAR protocol, has made a significant leap in blockchain evolution with the launch of TurboChain and TurboSwap, two…
Aave V4: The Update That Will Improve Yields and Interoperability in DeFi
TL;DR Aave announces a major update, V4, which will improve lender yields and interest rates for borrowers. The new version will include the “Smart…
Instadapp Announces Rebranding and New Strategies to Drive Fluid’s Growth
TL;DR Instadapp proposes a rebranding and changing its name to Fluid, with the conversion of INST tokens to FLUID 1:1, with no dilution for…