DeFi

Helium Proposes Shifting its Entire Network to Solana Blockchain Months After $200M Raise
Developers cited faster transactions and “higher uptimes” among several reasons behind the proposed move.

Crypto Community Remains ‘Hyper Positive’ Despite Market Downturn: Laguna Labs Founder
Laguna Labs founder Stefan Rust joins "All About Bitcoin" to discuss the state of crypto and Web3 development amid the recent market turbulence. The community that is building in the DeFi world is "hyper positive," Rust said.

Solana-Based DeFi Protocol OptiFi Loses $661K in Programming Blunder
The platform said it will reimburse all users' funds.

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.

