xSushi tokens were issued to users who staked tokens on the trading platform SushiSwap allowing…
DeFi
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CryptocurrencyICONews
Swapping More Than $157M of ETH for stETH And Levering Up, the Wormhole Network Exploiter Is a DeFi Degen
by adminData sourced from Etherscan indicates that the exploiter first swapped 95,360 ETH worth roughly $157…
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Krug sees the “end state” of crypto as a world where the “average person will…
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CryptocurrencyExchangesNews
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
by adminThe move may also boost Yearn’s dwindling user activity. The protocol’s total value locked, a…
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a…
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CryptocurrencyICONews
Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem
by adminEvery day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be…
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AltcoinCryptocurrencyNews
Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
by adminAccording to data from Nansen, of the circulating supply of stETH, some 931,000, or 20%,…
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CryptocurrencyICONews
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
by adminThe draw of capital into Frax’s ether pools has resulted in demand for FRAX and…
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Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an…
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BitcoinCryptocurrencyNews
Lido, the new king of DeFi? As per this development, the answer is…
by adminLido protocol showed significant growth in TVL and APR. Despite improvements, concerns about sustainability remained.…
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Besides wBTC, Stacks and Rootstock, BadgerDAO, RenVM and Liquid Network promote various use cases of…
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An independent Terra development group has now raised $ 3 million with its focus on…
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CryptocurrencyICONews
DeFi Protocol Sushi Lays Out 2023 Plans With Focus on DEX and User Experience
by adminThe move comes after Sushi’s chief technology officer, Matthew Lilley, said in a tweet thread…
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CryptocurrencyExchangesNews
DeFi Protocol Frontier Brings In-Browser Wallet Support for Aptos, Sui and 33 Additional Blockchains
by adminA Frontier representative told CoinDesk that the team built APIs – a software that allows…