Marginfi in Crisis: CEO’s Resignation Triggers Massive Fund Withdrawal
TL;DR Marginfi’s CEO, Edgar Pavlovsky’s resignation triggered a 25% drop in the platform’s Total Value Locked (TVL). The massive fund withdrawal reflects a crisis of...
defi
SushiSwap: The Battle for Treasury Control
TL;DR SushiSwap’s Governance Controversy: The DeFi platform SushiSwap is in the midst of a heated debate over a proposal that could lead to the main...
Aave Proposal to Mitigate Risks Amid MakerDAO’s DAI Expansion
TL;DR Aave launches proposal to counter MakerDAO’s DAI expansion risk. The proposal seeks to adjust the DAI risk parameters in Aave, setting the LTV at...
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,...
Binance Labs Teams Up with StakeStone to Revolutionize Liquidity Distribution Networks
TL;DR Binance Labs invests in StakeStone, consolidating its commitment to innovative projects in the crypto space. StakeStone utilizes its native token, STONE, to generate yields...
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,...
Nomura’s Laser Digital Joins Forces with Pyth Network
TL;DR Strategic Partnership: Nomura’s digital asset subsidiary, Laser Digital, has partnered with Pyth Network to enhance financial data accessibility in the DeFi ecosystem. Data Integration:...
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...