Tag: DeFi

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S&P Global Puts Decentralized Finance at the Forefront with New DeFi Director Hire – Crypto Going Mainstream?

S&P Global is on the hunt for a DeFi director to oversee its expansion into the rapidly evolving decentralized finance sector.  According to a Monday job posting on LinkedIn, the giant financial information and analytics company is hiring for a DeFi director to spearhead its expansion into the space in a move that signifies the mainstream acceptance…
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Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains

On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in…
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Today in Crypto: Poloniex Partners with Mercuryo on Crypto Purchases, Hong Kong Hunting Six Scammers, DFINITY Foundation Launches ‘Twin’ Token ckBTC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Poloniex Partners with Mercuryo on Crypto Purchases, Hong Kong Hunting Six Scammers, DFINITY Foundation Launches ‘Twin’ Token ckBTC  Read more »Sign up for e-EUR – the progressive stablecoin

PancakeSwap changes its recipe with the launch of Version 3

PancakeSwap has released version 3 of its BNB Chain, Aptos and Ethereum-based DeFi platform, touting improved performance and lower fees. Decentralized finance (DeFi) protocol PancakeSwap has launched version 3 of its automated market maker platform on BNB Chain and Ethereum, with the upgrade encompassing performance improvements and lower fees. Enhanced capital efficiency is cited as…
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Arbitrum to break up governance votes after community backlash

The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders. On April 2, the Arbitrum Foundation tweeted that its first governance proposal, AIP-1, “likely…
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BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market

While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high recorded on February 14, 2023. Blur’s Native…
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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the…
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Crypto Scammer Gets Away with $1.2M in ARB Tokens Through ‘Address Poisoning’ Attack – Here’s What Happened

A hacker has made off with $1.2 million worth of ARB tokens through a relatively new type of cyber-attack that uses modified wallet addresses to steal funds. Blockchain data shows that one crypto address has been stealing funds from Arbitrum users. So far, the attacker has scammed out over 600 different crypto wallets for more than 930,000…
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Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here’s the Latest

A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.  According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade.  The function included a bug that allowed the hacker to compromise the project’s liquidity…
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Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico Transactions in Partnership with Ripple

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: BitKeep Rebrands to Bitget Wallet, IOTA Launches ShimmerEVM Test Chain, Bitso Trippled US-Mexico Transactions in Partnership with Ripple  Read more »Sign up for e-EUR – the progressive stablecoin