Tag: DeFi

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-06102024-091014

Is DeFi Ready for Mass Adoption? Exploring the Impact of Regulation

Decentralized finance, also known as DeFi, has surpassed $100 billion in total value locked, indicating that this innovative technology is no longer in its experimental stages but rather a global movement. This growth has...
news-12082024-031219

Uniswap Layer 2 Users Surge by 350% with Poodlana Meme Coin Listing

In the ever-changing world of cryptocurrency, two major events have caught the attention of the community. Uniswap's Layer 2 (L2) user count has seen a significant surge of 350% in recent months, while Poodlana...
news-02082024-220632

Polymarket Surpasses DeFi Giants in Traffic Amid Trump-Harris Election Betting Craze

Polymarket, a prediction market platform, has experienced a surge in website traffic, surpassing other DeFi giants like Uniswap, dYdX, Compound, and GMX. This increase in traffic is mainly due to the growing interest in...
news-26072024-131229

Kwenta and Perennial Launch Arbitrum Expansion with 1.9M ARB – CoinJournal

Kwenta, a popular onchain perpetuals exchange on the Optimism network, has joined forces with Perennial to introduce a new joint product and incentive program on the Arbitrum network. The goal of this collaboration, supported...
news-18072024-151352

INJ-Linked ETP Launched by Injective Labs and 21Shares on Euronext Exchanges

Injective Labs and 21Shares have made a major move by launching the first INJ-linked ETP on Euronext exchanges. The new Injective Staking Exchange-Traded Product (ETP) called AINJ will allow users to not only gain...
news-13072024-065830

Understanding the Dough Finance Flash Loan Attack: Latest Updates and Analysis

Dough Finance recently experienced a devastating flash loan attack, resulting in a loss of around $1.8 million worth of digital assets. The attack targeted a smart contract within the platform, exposing vulnerabilities in the...
news-13072024-040320

DEX Aggregator Rage Trade Token Launch on Hyperliquid Blockchain

Rage Trade, a decentralized exchange (DEX) perpetual aggregator, has revealed its plans to launch a new token, RAGE, through a liquidity generation event and a token sale on Fjord Foundry on August 7. The...
news-12072024-215755

Dough Finance Flash Loan Attack: A CoinJournal Analysis

A recent flash loan attack on Dough Finance has left many users reeling after approximately $1.8 million was stolen from the platform. The attack, detected by Cyvers on June 12, 2024, highlighted some security...
news-28062024-115827

Unlocking New Potential: Curve Finance’s crvUSD Fee Switch

Curve Finance recently made a significant move by implementing a fee switch for its crvUSD stablecoin, aiming to boost adoption and engagement within its ecosystem. The decision came after the stablecoin faced challenges in...