Borrowing USDC Is Very Expensive On Aave And Compound, What’s Going On?
Borrowing rates for USDC, one of the most liquid dollar-pegged stablecoin, remain high on Aave and Compound v2, two of...
DeFi
dYdX Founder Calls Foul Play In $9 Million Insurance Fund Loss
Decentralized exchange (DEX) dYdX has had to take out millions from its insurance fund to cover user liquidations on its...
GMX Paid A Hefty Prize Because Of This Flaw
GMX, a decentralized exchange, awarded Collider Research a $1 million bug bounty in 2022. This payout was in recognition of their...
Balancer Protocol Gets Compromised Second Time In Less Than A Month
One of the leading decentralized finance (DeFi) protocols, Balancer Protocol - an Ethereum-based automated market maker (AMM), has recorded the...
Why Coinbase CEO Brian Armstrong Wants DeFi Protocols To Take The Fight To Regulators
Amid the intensifying regulatory scrutiny of the crypto industry, regulators have turned their attention toward decentralized finance (DeFi) protocols, accusing...
Back From The Dead: Friend.tech TVL Surges To New ATH
Friend.tech, once presumed a dead platform, has made a tremendous comeback, reaching a new all-time high in terms of Total...
DeFi Oversight: Should Regulators Zoom In On Developers? Top Securities Says Yes
According to Bloomberg, decentralized finance (DeFi) projects operate through automated contracts and are usually helmed by collective entities rather than...
Rookie Vs Veteran: Coinbase’s Month-Old ‘Base’ Surpasses Cardano TVL, A Closer Look
Total Value Locked (TVL), one of the metrics used to know the robustness of a blockchain in the decentralized finance...
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