This past weekend saw a surge in trading activity for USDC across many decentralized exchanges. The 11th of March was the day when Uniswap’s volume was the largest ever, at $11.84 billion. Yet, it isn’t the first decentralized protocol to gain popularity. This occurs following the weekend de-pegging incident of
According to audit platform BlockSec, the decentralized finance (DeFi) platform Euler Finance was the victim of an attack worth over $196.9 million. Hackers made off with $135.8 million worth of Staked Ethereum (stETH), $33.8 million worth of Circle’s stablecoin USDC, and $8.7 million worth of the decentralized stablecoin DAI. Euler
Here are the top 5 trending cryptocurrencies on Twitter. Let’s check out the trending reasons now. Shiba Inu (SHIB) Over the past few weeks, Shiba Inu has witnessed a dramatic increase in the value of the Shiba Inu (SHIB) token, a digital asset. A virtual reality project called the metaverse,
Rootstock improved its DeFi environment for the Bitcoin ecosystem with seven new solutions and moved closer to full decentralization. In February 2023, Rootstock integrated with seven additional protocols, providing consumers greater freedom from the limitations imposed by conventional finance. Moreover, the BTC/rBTC two-way peg’s locking cap has been taken off. As
Global Digital Cluster Coin (GDCC) is now available on LBank and GDCC is expected to be listed on more exchanges in the upcoming days. The GDCC/USDT trading pair is now officially available to trade for LBank exchange users. Moreover, investors interested in the Global Digital Cluster Coin investment can easily
Company raises $15M to bring privacy-protective compliance to Decentralized Finance (DeFi) Mauve seeks to advance efforts to restore trust in crypto globally NEW YORK–(BUSINESS WIRE)–Violet, the world’s leading provider of privacy-protective compliance and identity infrastructure for Decentralized Finance (DeFi), today announced the launch of Mauve, the world’s first compliant Decentralized
LONDON–(BUSINESS WIRE)–MetaWin.com, the Web3 competitions platform, is calling the wider Web3 community to support those affected by the devastating earthquake in Turkey. The tragedy has left over 50,000 people dead and 500,000 evacuated from the disaster area. The people of Turkey need our support now more than ever. As part
With the lure of a $97,000 Ether reward, the hacker responsible for the vulnerability on the decentralized lending platform Tender.fi has returned the stolen assets. At 10:28 am UTC on March 7, an exploit was carried out, and Tender.fi confirmed the event on Twitter shortly afterward, saying that there had
Professional esports leader TSM and competitive gaming app Blitz will leverage Avalanche’s industry leading blockchain technology. LOS ANGELES–(BUSINESS WIRE)–TSM, the global esports, video game, and creator-focused company, and Blitz, the company’s competitive gaming platform, will be leveraging Avalanche, the cutting-edge blockchain platform, to revolutionize the gaming industry. The collaboration names
SEATTLE–(BUSINESS WIRE)–Nori, the leading end-to-end marketplace for scalable carbon removal, today announced the launch of a public Web3 platform that makes carbon removal purchases by companies and their customers simple and nearly-instantaneous. With this launch, Nori’s carbon removal marketplace migrates to Polygon and accepts USDC. It will support companies and
