Tag: Protocol
Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
Holders of Aave, the token that underpins its namesake's decentralized finance (DeFi) protocol, are taking part in a governance vote that will decide [...]
Yield Protocol declares full recovery from Euler hack, awaits user token exchange
Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy to [...]
Wintermute Backs DEX Vertex Protocol in Strategic Investment
"Vertex Protocol meets the market's growing demand for noncustodial trading solutions while also possessing the efficiency of centralized exchanges," [...]
Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO
Stablecoin protocol Reserve is investing $20 million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT), a [...]
DeFi Credit Protocol Concordia Raises $4M in Seed Round Led by Tribe, Kraken
"We're on a path to integrate across DeFi and TradFi," said Thomas Ruble, chief technology officer of Concordia, in a statement. "To move real assets [...]
Mick Mulvaney-Linked Astra Protocol (ASTRA) Faces Investor Backlash Over ‘Severely Deficient Communication’
The investors highlighted movements of the ASTRA tokens they characterized as suspicious. “Our most pressing concern, however, pertains to token movem [...]
Decentralized Social Media Platform Lens Protocol Embraces Open Governance
Currently, there are three live proposals, according to the announcement. The first proposal establishes the open governance model, while the second a [...]
DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet
The protocol has set participation parameters for liquid restaking and native restaking, with liquid restaking accepting a maximum of 3,200 of each li [...]
Connext Labs Raises $7.5M, Valuing the Blockchain Interoperability Protocol at $250M
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DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned
Decentralized finance (DeFi) platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform sai [...]
DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund
The round was led by Founders Fund and included contributions from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto.
www.coindesk.c [...]
Attacker drains $800K from DeFi protocol Sturdy Finance
Decentralized finance (DeFi) protocol Sturdy Finance lost 442 Ether (ETH), worth almost $800,000 at the time of writing, from a security exploit. The [...]
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z Crypto
With its latest round, Gensyn has raised more than $50 million and the company said it would use the fresh capital to accelerate the introduction of t [...]
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as a [...]
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
Crypto lending has become an essential part of decentralized finance (DeFi), allowing people to lend and borrow digital assets via specifically design [...]