DeFi
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
Certrik suggests the exploit could be due to a rounding error.
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks.
dYdX Tops Uniswap as Largest DEX by Volume
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
MetaMask's Secret Project Could Shake Up How Ethereum Works
MetaMask is quietly testing new tech that uses third parties to route user transactions. It will eventually be made available outside of MetaMask and will be closely scrutinized for how it manages to avoid centralization concerns.
DeFi Fumbled Its Post-FTX Advantage in 2023, but There’s Still Hope for 2024
Major factors indicate that this could be a breakout year for decentralized infrastructure, SynFutures CEO Rachel Lin writes.
Manta Pacific Replaces Base as Fourth Largest Scaling Solution: L2Beat
Manta Pacific is the native layer 2 of the Manta Network.
Aave Community Votes To Integrate PayPal’s Stablecoin
Majority of token holders favor onboard PYUSD in AAVE's Ethereum pool, the ongoing vote shows.
DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says
Policymakers should identify the projects of greatest concern and prioritize progress on digital identity, a report from one of the regulator's committees said.
ENS Token Jumps 50% as Vitalik Buterin Hails It as 'Super Important'
The token touched the highest level since April and volume increased more than 600%.
Jupiter Targets JUP Airdrop for End of January
The Solana-based trading aggregator will test the longevity of the Solana frenzy.
