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, the DEX has…
DeFi
DeFi coverage across lending markets, decentralized exchanges, liquid staking, governance, protocol revenue, exploits, risk controls and the experiments shaping open financial infrastructure.
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…
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…
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…
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…
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…
zkLend Launches ZEND Token and Reveals 2024 Roadmap for Layer-2 Lending
TL;DR zkLend, a layer-2 lending protocol on Starknet, launches its token ZEND and reveals its 2024 roadmap for innovation and growth. ZEND, the governance…
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…
Velar Raises $3.5 Million to Pioneer Bitcoin’s First PerpDEX
TL;DR Velar, a Bitcoin DeFi platform, has raised $3.5 million in a seed funding round to develop the world’s first perpetual decentralized exchange (PerpDEX) on Bitcoin.…
Tim Draper Affirms His Position on Bitcoin
TL;DR Tim Draper reiterated his confidence in Bitcoin. He highlighted BTC’s appeal in unstable economies. Draper envisions Bitcoin as a universal currency and future…
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…