Cryptocurrency Analysis and News Portal
Decentralized finance (DeFi) protocol Kyber Network has advised liquidity providers on its Elastic product to withdraw funds after finding a potential vulnerability, it said in a tweet. Source
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The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking. Source
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Fintech firm Ripple has launched its liquidity solution for businesses to bridge the gap between crypto and fiat. Ripple liquidity hub was launched on April 13 after a successful pilot last year.The service operates as a stand-alone solution in addition to Ripple’s popular cross-border payments service called on-demand liquidity (ODL). This
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The Ethereum network’s planned Shanghai hard fork is nearly here. Planned for April 12, this is the first major upgrade since The Merge in September 2022. The “Shapella” upgrade (a combination of the two major proposals Shanghai and Capella), includes EIP-4895 which enables validators to withdraw staked ETH from the
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press release PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of launching its offline development efforts. According to data analysis,
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Conflux, a regulatory-compliant public blockchain based in China, seeks to deploy the Uniswap v3 on its network, according to a proposal on Uniswap's governance forum on April 7. The move comes days after the Uniswap v3 code license expired, enabling developers to fork the protocol and deploy their own decentralized
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Trader Joe has risen to the top five decentralized exchanges by trading volume after the launch of its V2 platform on Arbitrum on Feb. 1, 2023. Top five DEX by 7-day trading volume. Source: DeFiLlamaThe project launched a liquidity incentive program to boost deposits for ARB, ETH and USDC trading which
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"First Mover" dove into the crypto markets ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Victoria Bills, Banrion Capital Management Chief Investment Strategist, joined the conversation. Ronit Ghose, Future of Finance Global Head at Citi, explained why
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Sentiment, an undercollateralized lending protocol, appears to have been exploited on April 4 for over $500,000 in crypto. Ethereum blockchain data shows a transaction that transferred 536,738.410031 USD Coin (USDC) from the Synapse Bridge, and this links up with a series of Arbitrum transactions draining coins from Sentiment. The wallet performing the
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Bitcoin (BTC) might have shown strength after successfully defending the $28,000 support amid unfounded rumors regarding Binance, but an interesting development to note is BTC is becoming less correlated to traditional markets after the U.S. Federal Reserve elected to provide emergency liquidity to banks. This change in attitude from the central
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