Discover the Latest DeFi Crypto News

Ethereum’s Shanghai Upgrade Propels Liquid Staking Market Above DeFi Lending

Naga Avan-Nomayo·February 27, 2023

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...

Justin Sun Stakes 150,000 ETH On Lido Finance In Largest Daily Stake Inflow

Aditya Anand·February 26, 2023

Justin Sun Stakes 150,000 ETH On Lido Finance In Largest Daily Stake Inflow 14

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.

DeFi Lending Protocol Venus To Start Accepting Floki As Collateral

Aditya Anand·February 24, 2023

DeFi Lending Protocol Venus To Start Accepting Floki As Collateral 15

Floki has announced a partnership with DeFi lending giant Venus Protocol, per which, FLOKI tokens will be accepted as collateral on its platform.

ANKR Surges 51% Following Partnerships With Microsoft And Tencent

Aditya Anand·February 22, 2023

ANKR Surges 51% Following Partnerships With Microsoft And Tencent 16

ANKR has gained more than 51% following its recent partnerships with Microsoft and Tencent.

Aave To Freeze BUSD Reserves On Ethereum

Naga Avan-Nomayo·February 13, 2023

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...

DeFi Staking Tokens Volatile Following SEC’s Crackdown On Staking Services

Aditya Anand·February 10, 2023

DeFi Staking Tokens Volatile Following SEC's Crackdown On Staking Services 17

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.

3AC Founders Launch New Exchange For Crypto Claims Trading

Aditya Anand·February 9, 2023

3AC Founders Launch New Exchange For Crypto Claims Trading 18

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.

Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Naga Avan-Nomayo·February 3, 2023

An Ethereum-linked DeFi system will roll out by May 2023 for Sberbank customers Institutional clients, and MetaMask users.

Ether (ETH) Poised For $6K By 2025, $14K By 2030: Finder Report

Naga Avan-Nomayo·February 2, 2023

Summary: The average number of 56 industry experts expect ETH to hit finish 2023 above $2,000 and hit $6,000 by 2025. Finder’s panelists also opined that Ethereum could flippen Bitcoin as the largest crypto by market...

Wormhole Set To Become Uniswap’s Official Bridge To BNB Chain

Aditya Anand·January 31, 2023

Wormhole Set To Become Uniswap’s Official Bridge To BNB Chain 19

Cross-chain bridge Wormhole has won the governance vote to become Uniswap's official bridge to BNB Chain. It will be used by Uniswap V3 for cross-chain governance messaging between Ethereum and BNB Chain.

Aave Eliminates Bad Debt With 2.7 Million CRV Purchase

Aditya Anand·January 26, 2023

Aave Eliminates Bad Debt With 2.7 Million CRV Purchase 20

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.

MakerDAO Approves Preliminary Proposal To Park $100 Million USDC In Yearn Finance Vault

Naga Avan-Nomayo·January 25, 2023

Summary: The MakerDAO proposal to earn yield from a Yearn Finance vault was backed by the governance community. Yearn Finance’s special investment vehicle or vault has a cap of $100 million. The USD Coin treasury allocation...

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Curve 3pool Sees Increased Outflows Since hack

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

Europe Beats US To List Spot Bitcoin ETF

Coinbase CEO Brian Armstrong Is Bullish On On-Chain Games & Ads

Magnate Finance Rugs $6.4 Million From Base Users

Former OpenSea Executive Sentenced To 3 Months In NFT Insider Trading

Blur solidifies reign in NFT space with 60% trading volume market share

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

SpaceCatch Public Beta is coming on 22nd April 2024. The biggest GameFi event of this month is here

Chirpley Takes Flight to Ethereum Chain: Expanding CHRP Horizons in the Crypto Cosmos

Coinbase Increases Bond Buyback Limit By $30 Million

Enter the SpaceCatch Universe Public Beta Ready to Play!