DeFi
In-depth research, opinions, and analysis of DeFi trends.
Aave Suspends Minting New GHOs To Fix Integration Issues
<p>Aave, a prominent decentralized finance (DeFi) platform, has announced a temporary suspension of the integration of GHO stablecoin within its ecosystem. The decision follows the discovery of a technical glitch in the integration of GHO with the Aave V3 GHO pool, leading to its temporary suspension under the oversight of Aave Guardians.</p>
PancakeSwap V3 Now Launches On Linea
<p>PancakeSwap, a prominent decentralized exchange protocol and the second-largest in its category, has taken a significant step in its journey towards multichain expansion. The DEX has successfully launched on the Linea mainnet, an Ethereum Layer 2 scaling network developed by ConsenSys.</p>
DeFi TVL Approaches $38 Billion Mark As Market Dynamics Evolve
<p>Recent data from DefiLlama casts a spotlight on the shifting landscape of the cryptocurrency market’s Total Value Locked (TVL) in the decentralized finance (DeFi) sector. </p>
Cypher Protocol Has IDO Plan To Fix Hack, 7.3% Token Will Be Used For Airdrop
<p>Solana-based decentralized futures exchange Cypher Protocol has launched an IDO scheme as part of its recovery efforts from the severe August 7 hack.</p>
Quantstamp Unveils Breakthrough Tool To Safeguard DeFi
<p>Blockchain security provider Quantstamp has introduced an innovative tool to counter the rising menace of flash loan attacks within the realm of smart contracts. This pioneering solution, named Economic Exploit Analysis, has been forged through a collaboration between Quantstamp and the University of Toronto, originating from the university’s academic research.</p>
Balancer Safeguards Funds Amid Critical Vulnerability
<p>Balancer Labs, a prominent decentralized finance platform, has announced the discovery and subsequent mitigation of a critical vulnerability impacting multiple V2 pools. The vulnerability report prompted immediate emergency measures to safeguard the majority of Total Value Locked (TVL), though certain funds are still exposed to risk.</p>
Aave Community Now Ventures Into High-Yield Real-World Assets
<p>The Aave community is gearing up for a significant proposal, the “Treasury Proposal for RWA Allocation,” which will be open for temperature check voting tonight until August 25. The crux of this proposal is to allocate a portion of the stablecoins held by the treasury towards low-risk real-world asset (RWA) investments through Centrifuge Prime.</p>
Transaction Fees On friend.tech Ranked 2nd, Only Behind Ethereum Network
<p>Friend.tech has collected more than $1.68 million in transaction fees, surpassing the Liquid Staking Lido platform, just behind Ethereum.</p>
Starknet Mainnet Will Be Upgraded To Version 0.12.1 Next Week
<p>Starknet tweeted that the Starknet mainnet will be upgraded to version 0.12.1 next week to improve transaction efficiency.</p>
Layer 2 Metis Take Back Control Of Their Official X (Twitter) Account
<p>Metis announced that it has regained control of the official Twitter account after being hacked and posting a fraudulent advertisement.</p>
BAYC’s Made By Apes Platform Leaked Information, Error Has Been Fixed
<p>ZachXBT tweeted that there is an issue with Made by Apes’ SaaSy Labs APl, an online license application platform launched by BAYC.</p>
Yearn Finance Initiated V3 Proposal To Provide More Secure And Reliable Infrastructure
<p>The revenue aggregator DeFi Yearn Finance community initiated the YIP proposal to launch Yearn V3, intending to establish a complete V3 system.</p>
Gauntlet Worried After Curve Hack, Wants To Freeze CRV On Aave V2
<p>On August 15, the Aave community took a significant step towards risk management as the governance page announced the commencement of on-chain voting for a proposal that aims to freeze CRV on Aave v2 after the Curve Finance hack.</p>