Tags: DeFi

Rebranding marks the start of a new era with a focus on pilots and onboarding partners.

The decentralized application (dapp) industry has continued to show growth despite declining decentralized finance (DeFi) collateral.

Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed.

The largest exit scam in May was executed by Fintoch, which absconded with users’ funds worth $31.6 million.

Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished.

ETH use in DeFi is down due to an uptick in staking, but rapid growth in LSDfi could be a bull market catalyst.

Will RWAs bridge the gap between TradFi and DeFi?

The top 100 DeFi tokens had a bullish last week of May, with most of the tokens recovering from two weeks of bearish pressure.

The wallet developer also raised $4.5 million from HackVC and other firms to further advance ZK-based enterprise solutions.

Blockchain Association Files Amicus Brief To Support Coin Center’s Lawsuit Over Tornado Cash Sanctions

Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.

Sushi.com, a major decentralized exchange, has entered into a transformative alliance with the Haqq Network, aiming to bring about a significant shift in decentralized finance (DeFi) accessibility for the worldwide Muslim community. This collaboration positions Sushi.com as the primary decentralized exchange for users of Haqq and its native digital currency Islamic Coin ($ISLM), ensuring smooth and Shariah-compliant token transactions with unparalleled convenience.

Use user-friendly tools like blockchain explorers and public databases to access Bitcoin network data without advanced IT skills.

The Uniswap DAO has voted against a proposal to turn on protocol fees for liquidity providers. The poll saw 45 opposed to turning on proposal fees, while support for two fee plans was divided. 

Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.

The proposal would have allowed Uniswap’s governing body to receive a percentage of the fees that currently go to liquidity providers.

Boson sampling was once considered a problem looking for a solution. Now, it might be the bridge that brings quantum computing to the blockchain.

USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.

The Jimbos Protocol team extended the bounty offer to the public, inviting anyone who can help catch the exploiter or recover the funds to claim the reward.

Orbs‘ latest launch, dLIMIT, aims to revolutionize DeFi trading by introducing limit order functionality to decentralized exchanges.

Jimbos Protocol has contacted the Department of Homeland Security in an effort to reclaim the funds that were stolen via a flash loan exploit on the 28th of May. 

There seems to be no end to the problems at Multichain, with the team unable to reach the protocol’s CEO and gain the necessary server access for maintenance works. 

Cross-chain services are suspended for Kekchain, Public Mint, DynoChain, Redlight Chain, Dexit, Ekta, HPB, Onus, Omax, Findora and Planq.

Developers will get a 15 cut of the fees they generate, but only if their app has done more than 125,000 transactions and has existed for three months.