DeFi
In-depth research, opinions, and analysis of DeFi trends.
Recent Funding Rounds For Defi Projects
<p>DeFi is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. Let’s see outstanding DeFi projects below Fordefi – Raises $18M Seed Round to Launch Institutional DeFi Wallet and Security Platform Fordefi is the first and only institutional MPC wallet and security platform built for DeFi Nov. 8, 2022,</p>
MetaMask Launches Bridge Aggregator In Dapp
<p>MetaMask, a supplier of cryptocurrency wallets, has introduced a new tool that will collect bridge services for customers who wish to transfer their cryptocurrency across several chains. According to MetaMask, their bridge aggregator will support Connext, Hop, Celer cBridge, Polygon Bridge, and four more bridge suppliers. Before deciding on its chosen bridge suppliers, the cryptocurrency</p>
Wintermute’s DeFi Aggregator Bebop Launches On Polygon Network
<p>Incubated by cryptocurrency trading company Wintermute, Bebop is a decentralized exchange (DEX) that will soon begin offering services on the Polygon blockchain network. Bebop’s capacity to trade various tokens in a single transaction, referred to as its hallmark one-to-many and many-to-one trading, sets it apart from other DEXs. The DEX claims that the network’s low</p>
DeFi Projects On Oasis Protocol
<p>The Oasis Network is a privacy-enabled blockchain platform for open finance and a responsible data economy. Let’s take a look at DeFi Projects On OasisProtocol Wormhole – Interoperability protocol Wormhole is a bridge protocol that connects multiple blockchain chains. Includes Ethereum, Solana, Terra, Binance Smart Chain, Polygon, Avalanche, and Oasis. Thanks to the Wormhole, the</p>
Aave Community Accepts Balancer BPT As Collateral
<p>Aave community has voted to approve the proposal regarding the implementation of a new aToken primitive called “Staked aTokens”, and the addition of Balancer BPT (Balancer Pool Tokens) as collateral. The proposal would allow for the use of LP tokens from ve-based protocols, like Balancer or Curve, as collateral while participating in those protocols’ ecosystems.</p>
Solend Attacked By USDH Oracle, Leads To $1.26 Million Bad Debt
<p>Lending protocol Solend announced an attack via the oracle price index that caused the protocol’s lending pools to currently record $1.26 million in bad debt. In the announcement a few hours ago of the Solana lending protocol, Solend announced that experiencing an oracle attack took place with USDH that affected the Stable, Coin98 and Kamino</p>
Moola Market Restore Solvency, Resume Deposit And Repayment Functions
<p>Moola Market has passed a proposal to allow the protocol to restore solvency and resume deposit and repayment functionality. Users will be given an extension of time to repay or top up more collateral to avoid liquidation. According to the official Twitter, Moola Market, the Celo eco-lending protocol, announced that the protocol’s proposal 10 has</p>
TOP Projects By Highest Trust Score Audited By Certik DeFi On Avalanche
<p>Certik is one of the best audit companies for Avalanche projects. Certik reviewed popular decentralized finance (DeFi) projects and scored each platform. Here, look at the top 10 projects with the highest reliability scores that have been audited. Aave – A project to borrow and lend (Lending) Aave project predecessor is ETHLend, a decentralized non-custodial</p>
Half Of The Arco Protocol Community Wants Project To Refund Users
<p>Following a botched fundraise, Arco Protocol, a cross-chain decentralized finance (DeFi) network on the newly established Aptos blockchain, has gone offline. The project claimed that it had received harsh criticism after its token sale was marred by problems, which resulted in the loss of crucial agreements with exchanges and other protocols. Among these concerns, the</p>
Bitkeep Has Completed 99% Compensation And Will Take Legal Action Against Hackers
<p>BitKeep announced that it has completed compensation for 99% of victims affected by the $1 million hack. In addition, the platform also announced that it will take legal measures against hackers if it does not refund the stolen money within the next 72 hours. On October 27, BitKeep Decentralized Digital Multi-Chain Wallet posted a “message”</p>
Compound Suspends Four Tokens To Protect From Security Attacks
<p>Protocol for Decentralized Lending Compound has put four tokens on hold as loan collateral on the platform. To safeguard the protocol from market manipulation assaults, the protocol will not enable users to deposit these assets or accept loans. On Monday, Compound’s governance members accepted Proposal-131, which requested a halt to using assets with poor liquidity</p>
Aave-based Flashlend Market Flaave Goes Live
<p>Flaave, a market for flashlending on Aave, announced its launch. Flaave is supported by Aave and Flashstake, allowing users to deposit assets and instantly receive upfront lending yields at a fixed rate. Users can burn fTokens minted by the protocol to withdraw their assets at any time. When a user deposits funds, their principal is</p>
CZ: Binance Don’t Vote With User’s Tokens
<p>Binance CEO Changpeng Zhao has explained that the exchange did not delegate a significant number of UNI tokens to itself on purpose, stating it was a bug in the Uniswap mechanism. This has alleviated fears that the exchange was moving towards the Uniswap exchange’s governance mechanism. Hayden Adams, the creator of Uniswap, said yesterday on</p>