DeFi
In-depth research, opinions, and analysis of DeFi trends.
AAVE DAO Consensus Call For Ethereum POS Fork
<p>AAVE DAO have been asked to join the ARC proposal to call for members’ consensus for Ethereum’s proof-of-stake (PoS) consensus. The ARC, proposed on August 16, comes in light of Ethereum’s upcoming transition to proof-of-stake. It calls for members to select the Ethereum Mainnet running under PoS consensus as the new “canonical” governance system, while also giving</p>
Compound Deploys USDC Lending Market
<p>Compound Labs has announced the first smart contract deployment for Compound III, which will create a USDC lending marketplace on Ethereum. The contracts are pending an activation by the Compound (COMP) administration but are now open for public review. According to the latest update from the development log, the implementation of the USDC lending marketplace</p>
Coinbase Will Pause ETH and ERC-20 Token Deposits and Withdrawals During The Merge
<p>Cryptocurrency exchange Coinbase has taken a measure that will temporarily freeze the deposit and withdrawal of ETH and ERC-20 tokens during The Merge to prevent risks for its customers. In an August 16 announcement, Coinbase Product Manager Armin Rezaiean-Asel said that during The Merge event, the exchange will briefly suspend Ether (ETH) and ERC-20 token</p>
Slope Wallet Denies Link To Solana’s $4 Million Hack
<p>Solana mobile wallet provider, Slope Wallet, is believed to be responsible for the recent multi-million dollar crash. However, their recent announcement states that there is no evidence linking the security hole to the hack. Slope Wallet denies involvement in Solana’s security flaw The developers behind the Slope wallet claim that there is no connection between</p>
Skynet Labs (Siacoin) Has Closed Because It Cannot Raise More Capital
<p>Skynet Labs, the company behind Siacoin, has closed because it was unable to raise more capital, but Skynet will continue to operate as a decentralized storage and application platform. Skynet Labs closed because it could not raise capital On August 12, Skynet Labs, the company behind Siacoin was unable to complete the next round of</p>
Oasis.app Bans High-Risk Flagged Wallet Addresses
<p>DeFi Oasis.app is reported by users that their wallet address has been disconnected and cannot access the platform after updating the terms of service because it is believed to be a high-risk wallet address. However, it is not clear what tools this Defi platform uses to assess the risk of wallet addresses. User wallet address</p>
What Is Chiliz($CHZ) | Leading Blockchain Fintech Provider For Sports & Entertainment
<p>ChiliZ is one of the pioneering projects in the development of the Social Token trend. So what is ChiliZ? This article will help you understand the highlights of the project and detailed information about the tokenomics of CHZ Token. What is ChiliZ? ChiliZ is the first Blockchain platform applied to Esports – a project in</p>
Optimism Hits $1 Billion Total Value Locked (TVL)
<p>Total value locked (TVL) on Optimism, a layer-2 scaling solution for the Ethereum blockchain, has increased 284% in the last month, according to data from DefiLlama. Users lending and borrowing assets on Aave through Optimism’s layer-2 chain make up the vast majority of TVL. Optimism TVL Surges According to data pouring in from DefiLlama, total value locked</p>
AAVE’s Direction For ETHPoW After The Merge
<p>After many projects debated the future of Ethereum after The Merge event, recently Aave, the leading lending platform in this ecosystem, has also spoken out about related technical issues in the near future. On August 8, Aave is the next major project to speak out about the future scenarios of Ethereum. Specifically, the project’s Twitter</p>
Beanstalk Restarted After 4 Months Hacked $182 Million
<p>The team behind stablecoin Beanstalk has restarted the project almost four months after it lost $182 million in a single mine. Voting has taken place and the result is over 99% in agreement. Beanstalk Stablcoin Working Again After Being Hacked According to a statement from the project, Stablecoin Beanstalk had a vote to make the</p>
DeFi Llama Updates TVL Calculation Method
<p>Crypto statistics page DeFi Llama will change how critical total value lock (TVL) is calculated in protocols to reflect more realistically. On August 5, DeFi Llama announced on Twitter that it would automatically disable the double count function of DeFi protocols. This is the move made by this information site after the article exposing the</p>
Overview of StarkWare – The most anticipated Layer-2 solution in 2022
<p>Layer-2 is expected to be a very explosive segment in 2022. Many projects on Layer 2 solutions have been launched and resonated greatly. StarkWare is also one of those prominent names. About StarkWare StarkWare is a Layer-2 solution built and developed in 2018, the goal is to extend and overcome the weaknesses of Ethereum. StarkWare’s solution</p>
Osmosis’s Feature ‘Scambuster Upgrade’ Is Ready To Go To Against Scam/Spam
<p>Cosmos-based DEX Osmosis is ready to release a v11.0.0 upgrade called “Scambuster Upgrade” to defend against recent hacking threats. DEX built on Cosmos – Osmosis (OSMO) is ready to release upgrade v11.0.0 at block number 5432450 to protect against scam/spam attacks. Upgrade completion is expected around 04:00 PM UTC on August 3, and users will</p>