Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform just lately laid off 50% of its workforce. The CEO...
Securities Regulators’ Association Calls for the Identification of Individuals Who Exercise Control Over Defi Platforms
The International Organization of Securities Commissions (IOSCO) has urged regulators looking for to grasp decentralized finance (defi) preparations to determine people who “exercise control or...
Defi Rebounds: Total Value Locked and Token Prices Surge as 2023 Marks a Year of Recovery and Growth
On April 3, 2022, decentralized finance (defi) protocols held roughly $163 billion whole worth locked (TVL). By the beginning of January 2023, this quantity declined...
Zero Knowledge Rollups as a Service Hasten the ‘Implementation of Secure and Scalable Networks’ — Alvaro Fernandez
Alvaro Fernandez, the Chief Operations Officer (COO) at Lumoz, has said that whereas zero-knowledge rollups have demonstrated distinctive safety and scalability, the expertise continues to...
Aave V2 Ethereum Market and Several Assets Paused — Team Says ‘No Funds Are at Risk’
The decentralized finance (defi) protocol Aave’s so-called guardian stated on Nov. 4 it had paused the Aave V2 Ethereum Market and frozen “sure property on...
Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
By the tip of Q3 2023, exercise within the stablecoin class as measured by the variety of each day energetic addresses (DAA) stood at over...
Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
The Dydx chain, a proof-of-stake blockchain community, has efficiently launched its mainnet and launched dydx as its layer one (L1) token. On October 26, at...
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
Amid the current positive aspects within the crypto financial system, the entire worth locked, or TVL, in decentralized finance, or defi protocols, has risen above...
10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation
Over the span of ten months, since mid-December 2022, the cryptocurrency often known as wrapped bitcoin (WBTC) skilled a discount of almost 23,000 cash from...
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers
On October 6, 2023, Thorswap halted its companies quickly. However, the platform just lately declared its return to full operation with some notable modifications. An...