DeFi


Finance

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters

The total value locked in DeFi protocols has slumped to the lowest level since February 2021 even as ETH, which underpins the market, has soared this year.

DeFi total value locked, or TVL, has dwindled (DefiLlama)

Videos

Wormhole Foundation EVP: We're Simply Here to 'Connect and Enable Web3'

Wormhole Foundation EVP and head of operations Dan Reecer discusses the Wormhole Foundation officially launching on Monday, their mission, and what it means for the broader crypto ecosystem. Plus, a closer look at DeFi's vulnerabilities and Wormhole's security measures. 

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Tech

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service

The service has been released in collaboration with researchers from the University of Toronto.

(Getty Images)

Finance

Ether Staking Demand Remains Unfazed as EigenLayer 100K ETH Cap Limit Filled Within Hours

Future cap increases will need to be approved by EigenLayer's multisignatory governance system.

EigenLayer deposits (Dune)

Markets

Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning

“People are withdrawing fast,” said pseudonymous contributor Xeonus.

(Public Domain Dedication/Flickr)

Finance

Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy

Mantle introduced a new governing body for treasury management earlier this month.

(Pixabay)

Tech

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.

(John Noonan/Unsplash)

Tech

BNB Chain Exploiter Liquidated for $30M on Venus Protocol

This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.

(Mohan Murugesan/Unsplash)

Tech

The Protocol: Blockchains Keep Launching, From Sei to Shibarium

The week in blockchain tech: Two much-hyped networks debut, though the launches weren't quite as smooth as organizers might have hoped. ALSO: What is restaking? (Answer: it's the blockchain security trend you didn't know you needed to know about.)

Shiba Inu Doge dog (Getty Images)

Tech

SHIB Plunges 9% on Apparent Shibarium Bridge Issues

An important tool for the new layer 2 service went live on Wednesday to a turbulent start.

Bridge have recently been vulnerable to exploits. (Unsplash, modified by CoinDesk)