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 and...
Tag : defi
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%...
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. The...
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 financial...
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...
IntoTheBlock Introduces DeFi Risk Radar for Institutional Risk Management in DeFi
Since the emergence of the Decentralized Finance (DeFi) sector, nearly $60 billion has been lost due to hacks and exploits....
Ethereum Developers Set Deployment Dates for Dencun’s Testnet Upgrades
In the Ethereum landscape, the planning for Dencun network tests has been confirmed. With a focus on the upcoming upgrade named ‘Pectra.’ Developers concluded the...
Gamma Strategies Falls Victim to Exploitation, Losing Over 200 ETH
Gamma Strategies, an Ethereum-based asset management protocol, is currently under investigation due to a presumed attack that resulted in the loss of approximately $500,000 in...
Yearn.finance Asks Users to Return Profits Generated Due to an Error
Yearn.finance, the leading decentralized finance (DeFi) platform, faces the task of recovering $1.4 million after an unfortunate multisig script error during a token conversion operation...
a16z Holds 11% of Compound Finance’s Total Token Supply
The cryptocurrency-focused venture capital firm, a16z, has attracted significant attention in the decentralized finance ecosystem after revealing its ownership of 11% of the total supply...