Thu, November 14

DeFi Liquidations Hit New Annual High Amid Crypto Market Sell-Off

According to statistics from analytics company Parsec financial, on-chain liquidations across Ethereum’s decentralized finance protocols hit a new annual high, with positions liquidated totaling over $350 million in the preceding 24 hours. This is happening as the market volatility has spiked and the crypto market as a whole has been

August 6, 2024 1 min read

Casper Network Temporarily Suspends Operations After Security Breach

A security vulnerability forced the temporary suspension of all activities on the Casper Network, a blockchain platform known for its decentralized applications. After discovering the hack, the Casper Network team quickly worked with validators to put the network on suspension. In order to lessen the blow of the security compromise

July 29, 2024 2 mins read

dYdX V3 Website Recovers from DNS Hijack Attack

Decentralized finance (DeFi) crypto exchange dYdX restored its version 3.0 website after a DNS hijacking attempt on July 23. The team restored the website three hours after announcing the compromise. https://t.co/Ym1dFLLOwx website has been recovered by dYdX Trading Inc. 🙏 Please note that your machine may still be caching the

July 24, 2024 2 mins read

Why Web3 Is On Track To On-board The Next Billion Users

Web3 has been a buzzword within tech circles over the past three years. This latest iteration of the internet became popular following the debut of decentralized finance (DeFi) and non-fungible tokens (NFTs) in 2021, along with more nascent digital asset niches such as real-world asset (RWA) tokenization. But despite being

July 21, 2024 5 mins read

SparkDEX Launches Advanced AMM & Perps Protocol on Flare

Flare, the layer 1 blockchain for data, is thrilled to announce that the SparkDEX team has opted for deploying their sophisticated decentralized finance hub on the network, which includes an AMM and perps protocol. By doing this, SparkDEX will take use of the decentralized data access provided by Flare’s entrenched data

July 15, 2024 3 mins read

Celsius and KeyFi Settle Lawsuit with Asset Transfer and NFT Sales Agreed

Last week, an agreement was filed in court by the two parties involved in the KeyFi and the founder Jason Stone’s link to the insolvent crypto lender Celsius. This settlement follows a series of lawsuits and countersuits. As part of the settlement deal, Celsius will get a plethora of assets

July 15, 2024 2 mins read

German Government’s Bitcoin Exit: Catalyst for the Bull Run?

The crypto market has entered a calm phase, staying stable and quietly building momentum. Altcoins, currently at low prices, sit poised on the edge of a potential explosive growth. Enthusiasts and investors watch closely, as any small change could ignite a new bull run. In the midst of this tension,

July 13, 2024 4 mins read

NextGen DeFi Asset Management Automation Layer to be Showcased at ETHcc7

IPOR Labs, the company behind the IPOR interest rate derivatives protocol and IPOR Fusion, has announced its sponsorship of the biggest Ethereum ecosystem event in Europe – ETHcc[7]. IPOR Labs founders, quants, and engineers are coming to Brussels to discuss DeFi asset management and present IPOR Fusion – a meta

July 8, 2024 3 mins read

BASE TVL Surpasses BLAST with a Remarkable $1.549 Billion

Base, the Ethereum layer-2 blockchain developed by a U.S. crypto exchange Coinbase, has marked a remarkable surge in its total value locked (TVL), surpassing Blast. According to DefiLlama, Base’s TVL stands at $1.549 billion and Blast’s TVL at $1.525 billion, a one-day change of 1.56% and 5.75% respectively.   Total value

June 27, 2024 1 min read