ECB Chief Lagarde disclosed today on an online panel hosted by the Bank of France that she does not like seeing a new period of “free banking” due to cryptocurrencies. According to Lagarde, Central Bank digital...
Bancor has suspended impermanent loss protection, citing hostile market conditions. The feature will be reactivated when markets stabilize. Bancor is the latest entity to take action as the effects of the bear market grow. The Bancor...
Summary: The blockchain startup suggested connecting Uniswap V3 to BNB Chain, the second-largest DeFi ecosystem with over a million active user addresses and $5 billion in total value locked. 0xPlasma Labs argued that deploying on BNB...
Quick take: 10.7% of Ethereum 2.0 validator deposits are from Kraken Coinbase and Bitfinex hold 5.8x more Ethereum than Kraken 2 crypto exchange could control 1/3 of the validators, 5 exchanges could control 1/2 of the...
In brief: 1inch Network (1INCH) has surpassed $30 Billion in total trading volume 1inch Network is available on both Ethereum and the Binance Smart Chain The 1INCH token was listed on Coinbase yesterday, April 9th 1INCH...
Summary: The hacker responsible for the 2017 Parity Multisig Exploit has laundering ETH through the popular mixer of Tornado Cash The attacker has laundered over 9,000 Ethereum, worth $25.5 million, through Tornado Cash The funds were...
Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash...
Three Arrows Capital (3AC) founders Su Zhu and Kyle Davies have teamed with CoinFLEX to launch a new crypto exchange that will allow users to trade their claims against bankrupt crypto firms.
In brief: 9.2 Million Ethereum or 8.2% of ETH’s circulating supply is locked in DeFi Majority of the Ethereum is locked in the five protocols of Maker, Compound, SushiSwap, Uniswap and Aave If the ETH 2.0...
Quick take: The number of Aave (AAVE) whales has increased from 266 to 327 in the past month This is a 23% increment in the stated time period Aave (AAVE) has been on a massive bullish...
Marc Zeller’s proposal to offboard Binance USD (BUSD) stablecoin from Aava’s V2 lending and borrowing market on Ethereum garnered massive support from the Aave community. The action plan aims to “reduce the amount of liquidity in...
Aave has acquired 2.7 million CRV to clear a bad debt from last year. The bad debt was the result of a failed exploit orchestrated by Avraham Eisenberg.