DeFi

Compound's Upgraded DeFi Lending Platform Targets Security, Scalability
Compound version 3 limits the protocol’s supported tokens and introduces governance changes.

Decentralized Exchange THORSwap to Support Cross-Chain Swaps for Over 4,300 Ethereum-Based Tokens
Starting Thursday, users are able to swap supported ERC-20 tokens across eight blockchains in a single transaction.

Uniswap Community Creates Foundation to Support Open-Source Development
Community members of decentralized exchange Uniswap have voted to create the Uniswap Foundation, an organization aiming to support open-source development and community governance within the protocol. “The Hash” panel discusses the implications for the Uniswap ecosystem, Ethereum, and the state of DeFi.

Tron Consumes 99.9% Less Power Than Bitcoin and Ethereum, Crypto Researcher Says
The network consumed power equivalent to 15 U.S. households in a year, the report said.

Uniswap Community Behind DEX Establishes Foundation to Support Open-Source Development
“There's no organization within the Uniswap ecosystem focused on reducing the friction in governance, and that is one area that the foundation will be focused on,” said Devin Walsh, the community member who authored the initial proposal.

Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge
Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge.

LooksRare Fork Sudorare Rugs for $800K Despite Crypto Twitter Warnings
Developers behind the project deleted Sudorare’s social media channels and its website on Tuesday morning.

Inside the $3B DeFi Exploit of Acala's Crypto Platform
The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry in a matter of minutes.

Uniswap Blocks 253 Crypto Addresses Related to DeFi Crimes
Decentralized exchange (DEX) Uniswap has blocked 253 crypto addresses possibly linked to sanctioned crypto mixer Tornado Cash or to stolen funds. “The Hash” hosts discuss what this suggests about the state of DeFi as the crackdown on Tornado Cash continues.


