DeFi refers to financial applications built on blockchain technology that enable digital transactions between multiple parties.
DEX transaction volume on Arbitrum hits new weekly ATH
The spike in transaction volume over the week was caused by a rise in most native application tokens on the Arbitrum network.
Bitcoin layer2 Stacks Network up 50% in 24 hours
Stacks co-founder Muneeb Ali said its STX token is the first-ever token offering qualified by the U.S. SEC.
TechOps Core Unit takes over management of MakerDAO Github
The change will support MakerDAO's infrastructure layer, enabling a secure, reliable, and transparent software ecosystem.
NFT lending continues to rise as over 18k ETH borrowed in January
January saw the NFT lending sector return to previous ATHs not seen since May 2022.
January Monthly GameFi Report
The long-awaited AAA blockchain games have finally begun hitting the markets, led by the Beta of Illuvium, which has already seen much activity.
Platypus Finance hacked for $9M on Avalanche
The DeFi application Platypus has suffered a $9 million attack, according to a series of tweets from the blockchain security firm Certik.
Traders turn to USDT as BUSD dominates heavily imbalanced Curve liquidity pool
The BUSD V2 dashboard shows that the embattled stablecoin accounted for roughly 81% of the pool's $12.85 million reserve, while USDT made up 4%.
AI sector surpasses Yield farming again to outperform market by 12%
A look at the top performing crypto sectors see yield farming and AI outperform Bitcoin over the last 24 hours
How can we make DeFi bridges safer? Minimize the trust
Cross-chain bridges enable the transfer of assets between different blockchain networks, but they have suffered numerous attacks over the years.
Uniswap BNB deployment passes with 66% yes votes despite a16z rejection
The proposal to deploy UniswapV3 to BNB Chain was accepted with 66% on Feb. 10, even though Andreessen Horowitz used 15M votes to oppose it.
DeFi TVL increased 26.82% in January
DappRadar states, "The DeFi market showed signs of recovery in January 2023," as TVL closes January at $74.6 billion.
Umami Finance token crashes by over 50% as CEO dumps holdings
Several members of the Umami team resigned in a move designed to push the project "back towards decentralization and a DAO structure," according to Discord messages seen by CryptoSlate.
Cardano ADA sees increased whale transactions, DeFi TVL doubles
Cardano DeFi ecosystem has doubled in the current year, rising to $108.63 million from $48.95 million on Jan. 1.
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CoW Swap said it suffered no loss – despite $166k exploit
CoW Swap said an external party that had access to its settlement contract had set approval to a "bad contract" 10 days ago.
Uniswap BNB deployment is ‘now or never’ as a16z disagrees on bridge solution
Roughly 150 million UNI tokens are still eligible to vote as the BNB Chain proposal looks to pass
A16z 15M bloc vote against Uniswap BNB Chain deployment raises decentralization concerns
A16z said it does not believe Wormhole offers the most secure bridging option for Uniswap, citing its network vulnerabilities.