DeFi
DeFi Platform RedStone Raises Nearly $7M to Improve Connectivity Between Blockchains, Real-World Data
The company's new product suite aims to make interoperability between blockchains and external data sources faster and more affordable.
FBI Asks DeFi Platforms to Increase Security Measures, Warns Crypto Investors Against Vulnerabilities
The warning comes after a slew of DeFi hacks this year, which has led to investors losing billions of dollars worth of crypto.
Brazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity Pool
The Banco Central do Brasil chose seven other projects as part of the Financial and Technological Innovation and Technology Laboratory.
The Merge May Negatively Impact DeFi Protocols, Stablecoins: Report
The transition to proof-of-stake could decrease stablecoin values and shrink lending pools, according to DappRadar.
DeFi Platform Synthetix's Founder Proposes Capping Token Supply at 300M; Here’s Why
The inflationary model helped bootstrap the Synthetix ecosystem and was no longer needed, founder Kain Warwick explained.
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.
