Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial DAI Stablecoin Change
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk…
Lower Ethereum Fees And Key Factor Could Revive DeFi Summer, Steno Research Says
A report by Steno Research states that the decentralized finance (DeFi) summer on Ethereum and the crypto market could return…
DeFi Protocol Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
Mountain Protocol's USDM, for example, backs its price by holding U.S. Treasuries, but passes on the bond yields to token…
DeFi Protocol Convergence hit by major hack, CVG token collapses
Decentralized governance hedge fund platform Convergence exploited. 58M CVG tokens minted and swapped. CVG token value plunged 99% from $0.12…
Elastos’ BeL2 Secures Starknet Grant to Advance Native Bitcoin Lending and DeFi Solutions
Singapore, Asia, July 29th, 2024, Chainwire Elastos BeL2 will partner with StarkWare to integrate Starknet ZKPs and Cairo programming language…
Magnify Cash Launches DeFi Protocol and Announces $MAG Token Fair Launch
Singapore, Singapore, July 23rd, 2024, Chainwire A groundbreaking moment in decentralized finance (DeFi) is here as Magnify Cash unveils its…
SparkDEX to Launch Advanced DeFi Hub on Flare
Layer 1 blockchain for data, Flare announced that SparkDEX will deploy its DeFi hub on the Flare network, featuring an…
All-In-One Crypto App Venga Hires Web3 & DeFi Expert Michael Stroev As Its New CEO
Venga, the self-styled “all-in-one” crypto app that’s looking to help onboard more people into the wonderful world of Web3, has…
DeFi Protocol Rho Markets Suffers $7.6 Million Loss Scare With Gray Hat Hackers
In an interesting turn of events, Rho Markets, a lending protocol based on the Ethereum layer two networks Scroll, has…
How Blockchain Enhances Cost Efficiency, Composability, and Accessibility
Traditionally in the domain of institutional investors, structured products combine various assets and derivatives to create tailored risk-return profiles. With…
