The dYdX community has voted in favor of a proposal that seeks to slash the DEX's trading rewards by 45%. The approval sent native token dYdX soaring by over 21%.
Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said losses from the exploit were over $190 million in cryptocurrencies....
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...
Stargate Finance's native token STG tanked more than 9% today after Coinbase announced that it would delist it on 14 March 2023.
BitDAO's governance token BIT has jumped 7% following a proposal by Mantle Core to establish a $200 million ecosystem fund.
Summary: Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending markets in terms...
Lido Finance recently saw its largest ever daily stake inflow thanks to Justin Sun who has staked over 200,000 ETH on the DeFi staking platform.
Floki has announced a partnership with DeFi lending giant Venus Protocol, per which, FLOKI tokens will be accepted as collateral on its platform.
ANKR has gained more than 51% following its recent partnerships with Microsoft and Tencent.
Summary: Aave community member Marc Zeller proposed halting the BUSD lending market on Ethereum. Zeller argued that the Paxos-issued stablecoin was bound to decline in supply and inability to mint new tokens would affect peg arbitrage...
The SEC's crackdown on staking services in the U.S had led to traders turning to DeFi staking protocols. Governance tokens of liquid staking services were very volatile over the past 24 hours.
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.