DeFi
DYdX Proposal to Slash Token Issuance Wins Early Support
In theory, this could boost the price of DYDX, based on the basics of supply and demand.
Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.
Ava Labs President on Curve Finance Exploit, Future of Asset Tokenization
Ava Labs president John Wu joins "First Mover" to discuss Avalanche Vista, a $50M initiative for purchasing tokenized assets minted on the Avalanche blockchain, along with the opportunities and challenges of asset tokenization. Plus, his reactions to the Curve Finance exploit, Ripple's partial win against the SEC and outlook for the metaverse.
Ava Labs President: Curve Finance Exploit 'Highlights the Need for Better Security Audits' in DeFi
Ava Labs president John Wu reflects on Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, becoming the latest victim of an exploit. Wu notes it's another unfortunate setback for the space and highlights the need for better security audits in the space. "Hopefully, one day, maybe even artificial intelligence can be used to more efficiently review their contracts and make it more secure," Wu added.
BALD Token Plunges 90% as Developer Pulls Liquidity
BALD launched a little over 24 hours ago and has attracted massive hype - and millions in capital - to Base blockchain.
Curve Finance Drained of $50M While CRV Token Sinks 12% in Latest DeFi Exploit
More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum’s DeFi ecosystem.
Parrot Finance Starting PRT Token Buyback Next Week
DeFi protocol Parrot Finance is moving forward with an activist investor-led plan to phase out its governance token (PRT) and will begin redemptions on Monday. Parrot’s redemption program comes two years into the project’s unremarkable run on the Solana blockchain, where it has failed to catch fire despite raising over $90 million from investors. "The Hash" panel discusses what this suggests about the fate of the Parrot protocol and the state of DeFi at large.
PancakeSwap Expands to zkSync Era Network
The DEX, initially launched on BNB Chain, is now available on five blockchains.
DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
On Sunday, the entire DeFi market racked up just $1.12 billion in transactional volume, marking the lowest daily total since January 1, according to DefiLlama. "The Hash" panel discusses what this suggests about the future of open finance.
Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.
