After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92% dominance or $48.17 billion of…
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Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker Returns $8 Million in Crypto to Crema…
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Chandler De Kock is Growth Strategist at UMA, an optimistic oracle built for Web3. __________ It’s easy to get caught up in the chatter and concern that erupted in recent weeks around the collapse of TerraUSD stablecoin and then the latest round of losses that has set off job cuts and extreme market conditions throughout…
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Decentralized finance (DeFi) protocols “don’t need to get bailed out,” and were “designed specifically to avoid this bullshit,” the founder of DeFi protocol Compound (COMP), Robert Leshner, has said. Discussing the troubles currently faced by centralized crypto lenders like Celsius (CEL), Voyager Digital, and BlockFi in a recent episode of the Unchained Podcast, Leshner said…
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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: Ethereum’s Step Towards PoS, Bitcoin Mining Difficulty, Binance’s BTC Trading Fee Move + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform. Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, announced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said: “Looking forward, we are not…
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Hackers and fraudsters stole a total of USD 670.7m from various crypto protocols during the second quarter of the year, according to a report by major bug bounty and security services platform Immunifi…. Read More: Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021 Read more »Pay, Trade, Buy…
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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: NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Amid lingering sour market conditions, Ethereum Name Service (ENS) domain 000.eth has sold for ETH 300 (345,260). The sale is the second-largest ENS domain sale both in terms of ETH and USD value. The domain was sold by the OpenSea marketplace user EtheOS to another user named B34D84 on July 3, on-chain data shows. The…
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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: Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
