OKX launches crypto exchange, wallet services in Brazil
Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local...
NFT News
KyberSwap Retrieves $4.7 Million After Negotiations With Bot Operators
Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted...
Cosmos Hub greenlights ATOM inflation cut for security boost
The governing body of Cosmos Hub has endorsed a proposal to decrease the maximum inflation rate of its native token,...
Blast network hits $400M TVL, rebuts claim that it’s too centralized
Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it...
Tether, Bitfinex agree to drop opposition to FOIL request
Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in...
There’s More to the Story
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46...
Pancakeswap implements new ‘Gauges’ voting system and sunsets vCAKE metric
Decentralized crypto exchange Pancakeswap has implemented a new voting system called “Gauges,” and has sunsetted its vCAKE metric, replacing it with...
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to...
dYdX raises margin requirements in some markets, bans “highly profitable trades”
Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund...
Aave Ecosystem Rebranding to Avara
Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that...
Yearn Finance’s YFI Token Tumbles 40% Daily Despite V3 Announcement
The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the...
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin (BTC) swaps for its...
Aave V3 Markets Resume Operations Following Security Vulnerabilities
Aave V3 markets have been unpaused by the Community Guardian, signaling the resolution of the issues that prompted the temporary...
Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry....
Who Will the Famous Athlete Be?
TL;DR Shiba Inu’s New Release: The Shiba Inu team announced the second edition of The Shib Magazine and a 3,000...
RUNE Soars 40% Weekly as THORChain Claims 2nd Place in DEX Daily Trading Volumes
THORChain, a native asset settlement protocol, is now the second-largest decentralized exchange (DEX). Its native token, RUNE, has experienced a...
XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This...
Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Ethereum, Bitcoin users reignite scalability debate as gas fees surge
A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability...
BNB Chain, Ethereum Blockchains Suffer 20 Attacks in October, Taking the Hardest Hits: Report
According to the latest report from Immunefi, from January to October 2023, over $1.41 billion has been lost to hacking...
Exploited MEV Bot Incurs $2M Loss in Curve Pool Swaps: Data
According to PeckShield Alert data, an unknown Miner Extractable Value (MEV) bot has fallen victim to a hack, causing a...
NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling...
