FixedFloat Was Hacked Twice in Less Than a Month
TL;DR The crypto industry faces constant challenges with cybercrime. The recent hack of the DEX FixedFloat marks another alarming incident. In less than a month,...
DeFi
Decentralized Finance News (DeFi)
Decentralized Finance (DeFi) is a completely revolutionary concept for the traditional financial system.
DeFi implies that there is no control by any government or financial entity over the finances of individuals. In this case, it is the community itself that regulates itself, setting its own rules, conditions and sanctions.
The DeFi world is growing day by day and more and more projects are being launched in this space.
Keep up to date with all the news about DeFi in this section of The Cryptocurrency Post.
Aptos Renews Stargate Bridge: Unrestricted Transactions
TL;DR Aptos, a high-performance blockchain network, removes daily limits and streamlines processes on its Stargate bridge, facilitating interoperability in DeFi. Aptos, with LayerZero and Stargate,...
Injective Labs and DojoSwap launch the CW20-Reflection Standard: an Advancement in Crypto Token Flexibility
TL;DR Injective Labs and DojoSwap have launched the CW20-Reflection standard. It will allow developers to create tokens in a more flexible manner. The CW20-Reflection standard...
The Launch of Blast: Expectations, Controversies, and Challenges in the Layer 2 Network
TL;DR Blast, a new layer 2 network, generated expectations and controversy with its promise of native Ethereum performance. Despite accumulating $2.3 billion in deposits since...
Ethena Launches ‘Epoch 2’, the Second Part of its “Shard Campaign”
TL;DR Ethena initiates the second stage of its “Fragment Campaign” with Epoch 2, incentivizing liquidity in Curve’s USDe pools. During the first phase, in just...
Uniswap Outperforms Bitcoin in Fees After Governance Proposal
TL;DR Uniswap’s Earnings Surge: Uniswap, a decentralized crypto trading platform, has seen a significant increase in its earnings, surpassing Bitcoin. This surge follows a proposal...
Aave and Gauntlet End Their Collaboration: Here are the Reasons
TL;DR Gauntlet terminates its collaboration with Aave, citing challenges in communication and understanding of the DAO’s guidelines. John Morrow explains that the decision is due...
Pyth Network Launches Real-Time Price Feeds for Bitcoin ETFs, Revolutionizing DeFi
TL;DR Pyth Network integrates Bitcoin ETF price feeds, offering real-time access to reliable data for 13 funds. Approval of Bitcoin ETF in the US expands...
DeFi TVL Hits $60 Billion as Restaking Gains Momentum
TL;DR DeFi TVL reaches $60 billion as the crypto market rallies and liquid staking and restaking innovations attract more users. Lido Finance dominates liquid staking with 37%...
Only 2 Days Left for the JUP Airdrop, Here Are All the Details
TL;DR Jupiter, from the Solana blockchain, is about to conduct an airdrop of JUP. They plan to launch a stablecoin focused on reducing custodial and...