Tag: DeFi

The relationship between DeFi and traditional finance has been a topic of debate in the financial world, with Federal Reserve Governor Christopher Waller weighing in on the matter. Waller believes that DeFi can work...

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...

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...

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...

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...

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...

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...

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...

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...

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...