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DeFi

Covering the most rececnt DeFi news on PoolTogether, Bitwise, Nexus, Synthetix, Framework Ventures, Reflexer Labs, Celo and more.


Policy

Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court

Pertsev sought bail to allow him to prepare for his appeal to the verdict in May which found him guilty of money laundering.

By Amitoj SinghJul 15, 2024

Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court

Tech

Exponential.fi Wants to Make It Easier to Invest in DeFi

The platform aims to make it easy to identify opportunities, bridge fiat, assess risk, and invest in crypto all-in-one.

By Sam KesslerJul 11, 2024

Exponential.fi Wants to Make It Easier to Invest in DeFi

Tech

Compound Finance, Celer Site Compromised in Phishing Attack

The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected.

By Shaurya MalwaJul 11, 2024

Compound Finance, Celer Site Compromised in Phishing Attack

Finance

Decentralized Crypto Exchange WOOFi Uses Gaming Style NFTs to Boost DeFi

So-called “Boosters” enhance the yield from WOO tokens, which are staked to earn a share of the DEX’s fees.

By Ian AllisonJul 9, 2024

Decentralized Crypto Exchange WOOFi Uses Gaming Style NFTs to Boost DeFi

Markets

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.

By Krisztian SandorJul 3, 2024

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Finance

Polkadot’s $245M Treasury Would Last 2 Years at Current Spending Rate

The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.

By Shaurya MalwaJul 2, 2024

Polkadot’s $245M Treasury Would Last 2 Years at Current Spending Rate

Markets

Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters

Blast is the second largest layer 2 network with $1.6 billion in TVL.

By Oliver KnightJun 26, 2024

Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters

Tech

Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps

The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains."

By Jamie CrawleyJun 19, 2024

Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps

Tech

DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says

Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.

By Shaurya MalwaJun 14, 2024

DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says

Markets

DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%

Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.

By Shaurya MalwaJun 13, 2024

DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%

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