DeFi lending protocol Aave announces its plan to release version 4 (V4) by mid-2025, proposing multiple upgrades through the ‘Aave 2030 Roadmap’ on Wednesday. Through V4, the protocol introduces a new “independent and abstracted” architecture to boost efficiency in managing liquidity, capital, and risks for users. To highlight, a ‘Unified
Ethereum-based restaking protocol EigenLayer unveiled the 43-paged whitepaper of its upcoming token EIGEN on Monday, confirming the airdrop and introducing the new mechanisms — “intersubjective” forking and staking. Launching EIGEN token’s prime purpose is to uphold the ecosystem’s Actively Validated Services (AVSs) security. Significantly, the unique and complex mechanisms are
As the biggest decentralized finance (DeFi) protocol, Lido Finance has achieved one million Ethereum validators. The most liquid staking protocol on Ethereum, Lido Finance, revealed the milestone in a X post on April 29th. Staking becomes more accessible for retail customers with low funds using liquid staking protocols such as
Venture capital company X21 Digital is leading the $3 million initial investment round for Atomiq DeFi, a decentralized finance platform. The world’s first atomic-swap powered decentralized exchange (DEX) on Bitcoin, developed with the help of the Mintlayer layer-2 protocol, will be supported by the recent additional financial infusion. The initiative
The decentralized exchange Uniswap has received a Wells notice from the U.S SEC. Marvin Ammori, chief legal officer of Uniswap, verified the notification from the regulator on April 10 on X (previously Twitter). The SEC formally notifies companies or individuals that they plan to propose enforcement action against them with
In light of the recent uptick in activity on the dYdX decentralized crypto exchange (DEX), the community has decided to stake 20 million DYDX tokens in an effort to beef up security. Staking tokens from the community treasury, which are now worth over $61 million at current prices, using the
There has been talk of a potential vote by Aave Chan Initiative founder Marc Zeller to activate a “fee switch” on the Aave DeFi (Decentralized Finance) platform. The Aave DAO’s yearly net gains are about $60 million, and Zeller’s article on X hinted at some thoughts that it may influence
Ethena Labs, a prominent player in decentralized finance (DeFi), has initiated the distribution of its new governance token (ENA) through an airdrop program. The announcement, made in a recent post, invited holders of the USDe token to claim their portion of the airdrop, which amounts to 750 million ENA tokens,
An individual or group claiming to be a “white-hat” hacker who is interested in returning the funds into the Prisma Finance protocol, as opposed to a “black-hat” hacker who would retain the funds for themselves, was one of the wallets associated with the $11 million Prisma Finance hack that occurred
The most recent signs point to both growth and a radical change. The market’s current maturation towards logic, efficiency, and increased risk awareness is in line with the growing interest in DeFi returns. “The State of DeFi” report from Exponential, an investment platform for crypto holders has shed light on
