Tag: Decentralized finance

news-01112024-055302

Proposed Deflationary Tokenomics in MakerDAO Rebranding: A Strategic Approach

Rune Christensen, the founder of Sky, formerly known as MakerDAO, has put forth a proposal for a strict deflationary approach to the governance token of the protocol. The community is set to vote on...
news-24102024-223255

The Future of Stablecoins: Allaire Predicts Trillion-Dollar Expansion in 10 Years

The future of stablecoins looks promising, according to Circle CEO Jeremy Allaire. He predicts that stablecoins could capture 5%-10% of the global money supply over the next decade. This growth could lead to the...
news-17102024-030502

Radiant Capital DeFi Protocol Loses $48 Million in Second 2021 Exploit

Radiant Capital, a DeFi protocol, recently fell victim to another exploit, losing a staggering $48 million in the process. This incident marks the second attack on the platform this year, raising concerns about the...
news-06102024-030931

The Rise of NFTs: CryptoPunk Sells for Record $56.3M

During the last cryptocurrency bull market, non-fungible tokens (NFTs) were selling for incredibly high prices, creating a frenzy in the market. Recently, the world's attention has shifted towards memecoins, leaving NFTs somewhat in the...
news-17092024-185243

Boosting DeFi Stablecoin Trading: TON Foundation Partners with Curve Finance

TON Foundation and Curve Finance Partner to Boost DeFi Stablecoin Trading In a strategic move to enhance decentralized finance (DeFi) stablecoin trading on the TON blockchain, the TON Foundation has joined forces with Curve Finance....
news-17082024-073902

Arbitrum DAO Approves Proposal to Enhance ARB Performance and Boost Treasury Security

Arbitrum DAO Takes Major Step to Enhance ARB Performance and Boost Treasury Security The Arbitrum DAO, a decentralized autonomous organization governing the Arbitrum ecosystem, has recently approved a groundbreaking proposal aimed at improving the utility...
news-16082024-133145

Tron Founder Justin Sun Launches Memecoin Generator on Tron Network

Sun.io, the decentralized finance (DeFi) protocol associated with Tron founder Justin Sun, has recently launched SunPump, a platform that allows users to create memecoins on the Tron blockchain. This move comes as the popularity...
news-15082024-065601

Solana Restaking Protocol Solayer Hits Mainnet: Wormhole Era3 Roadmap

Solana Restaking Protocol Solayer Hits Mainnet: Wormhole Era3 Roadmap Solana-Based Restaking Protocol Solayer Launches Mainnet Solayer, a Solana restaking protocol, has officially launched its mainnet, marking a significant milestone for the project. The announcement comes on...
news-27072024-071511

Solana’s Poodlana Hits $3 Million Milestone: SOL Shorts Suffer as Price Surges

Solana's Poodlana Hits $3 Million Milestone The cryptocurrency market has been buzzing with excitement as Solana's Poodlana, a FashionFi meme coin, reached an impressive milestone of $3 million in presale funding just 10 days after...
news-19072024-091529

Ethereum Layer 2 Scroll Halts Chain Finalization After Rho Markets $7.6M Breach

Ethereum Layer 2 Scroll has faced a setback after Rho Markets experienced a breach resulting in a $7.6 million loss. The incident has led to the halting of chain finalization as the network investigates...