Tag: DeFi
News about the decentralized finance sector
Hackers Steal More Than 8 Million VISR Tokens From DeFi Protocol Visor
Reading Time: < 1 minuteDecentralized finance protocol Visor has fallen victim to a re-entry attack and has lost over 8.8 million VISR tokens.
Hackers Steal $30M from DeFi Platform Grim Finance
Reading Time: < 1 minuteThe DeFi platform team has reported it has lost $30 million as a result of a hack.
BNPLPay to Launch Security Focused Uncollateralized Lending Innovation
Reading Time: 3 minutesBNPL Pay, DeFi’s emergent uncollateralized credit protocol, successfully completed the development work of its Banking Node platform earlier this month.
DeFi Platform Slingshot Finance Raises $15M
Reading Time: < 1 minuteDecentralized trading (DeFi) platform Slingshot Finance (formerly DEX.AG) has raised $15 million in a Series A funding round.
Parallel Finance Wins 4th Slot in Polkadot’s Parachain Auction
Reading Time: < 1 minuteParallel Finance, an institutional-grade lending protocol for decentralized finance (DeFi), has recently secured the fourth slot in the Polkadot parachain auctions.
SolidProof Introduces KYC and Audit Services for DeFi projects
Reading Time: 2 minutesSolidProof, a German-based blockchain auditing company, has finalized the development of its auto audit tool and plans to launch the solution soon.
DeFi and CeFi full Aggregator OpenOcean Aggregates Arbitrum to Expand its one-stop Trading Solution
Reading Time: 2 minutesOpenOcean, world’s leading DeFi & CeFi full aggregation protocol, is delighted to announce the successful aggregation of Arbitrum as well as its leading decentralized exchanges.
DeFi-Focused Crypto Wallet Ambire Receives $2.5M in Funding Round
Reading Time: 2 minutesBrowser-based crypto wallet Ambire has succeeded in raising $2.5 million in a funding round led by LAUNCHHub Ventures.
OpenOcean AtlanticWave Commits $1 Million to Binance Smart Chain Growth Through Campaigns
Reading Time: 2 minutesOpenOcean – the world’s first DeFi and CeFi full aggregator, was born in 2019 with the mission to help its users trade with maximum returns that cannot be found anywhere else.
Joining Pangolin V2’s First Liquidity Pools, TrueUSD Takes the Growth of Avalanche to the Next Level
Reading Time: 3 minutesThe year 2021 is a significant milestone for the Avalanche protocol: its on-chain DeFi TVL has exceeded $12 billion, hitting a record high, and it has risen to be a top-five public chain in terms of TVL.
Flurry Finance Deploys on Polygon After Hitting $3 Million TVL in Just a Month of Launch
Reading Time: 2 minutesFlurry Finance, a DeFi protocol that offers efficient cross-chain yield farming to the DeFi community, is all set to deploy its utility token RHO and its governance token FLURRY on the Polygon network on December 1, 2021.
Panther Protocol Attracts $22M to Build Interoperable Privacy Layer for DeFi and Web3
Reading Time: < 1 minutePanther Protocol has just announced that it has completed a funding round in which it has raised over 22 million through a Public Sale.
MonoX, Profitable Since Mainnet Launch, Announces its Public Token Sale on Huobi Primelist
Reading Time: 2 minutesMonoX Protocol, the most capital-efficient liquidity solution in the DeFi space, has announced that the public sale of its $MONO token will take place on Huobi Global’s Primelist token listing platform on Thursday, November 25.
Play-to-Earn Game DeFi Land Successfully Closes IDO, Prepares for Listing on FTX and Raydium
Reading Time: 2 minutesDeFi Land, the play-to-earn game that teaches the mechanism behind the DeFi world, has officially closed its IDO on Raydium, Gate.io and Solanium, with its DFL token scheduled for listing and trading on November 24 at 4 PM UTC.
Impermanent Loss, Crypto’s Silent Killer, Threatens the Core Tenets of DeFi: Bancor
Reading Time: 3 minutesOne of the original creators of DeFi is aiming to fix one of the industry’s most pressing problems.
Panther and Velas Partner To Deliver Blazing Fast Private DeFi Experience
Reading Time: 3 minutesPanther Protocol, the end-to-end privacy solution building the privacy layer for Web3 and Decentralized Finance, and Velas, an EVM/eBPF hybrid chain offering up to 75,000 TPS for dApps that require lightning speed and scale, are joining forces in a strategic partnership today.
Panther Protocol Partners with Songbird – Flare’s Canary Network – to Accelerate Privacy Adoption in DeFi
Reading Time: 3 minutesToday, Panther Protocol has announced that it’s partnership Flare , will be expanded into Flare’s Canary network, Songbird.
Portal and Polygon Enter Strategic Partnership to Boost Bitcoin Usability in DeFi Ecosystem
Reading Time: 2 minutesPortal, a self-hosted wallet and true cross-chain Layer-2 DEX built on Bitcoin, has announced a strategic partnership with Polygon, popularly known as Ethereum’s Internet of Blockchains, to give new impetus to Bitcoin usability in the DeFi ecosystem.
Squire Patton Boggs Joins Forces with ASTRA Protocol to Give Assurance and Compliance Confidence to the DeFi Ecosystem
Reading Time: < 1 minuteDeFi protocol Astra adds an unparalleled legal layer to DeFi transactions.
THE BITCOIN ECOSYSTEM UPGRADES: FINANCIAL APPLICATIONS ARE NOW POSSIBLE WITH MINTLAYER
Reading Time: 2 minutesThe sidechain announces its testnet on the 10th of November 2021. It enables tokenization, staking, lending, and DEXs for native BTC.
Portal and Ankr Announce Strategic Partnership to Boost DeFi Adoption
Reading Time: 2 minutesPortal, a true cross-chain DEX that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is thrilled to announce a strategic partnership with the blockchain infrastructure platform Ankr.
OpenOcean Atlantic Will Enhance And Disrupt Ethereum DeFi Come November 1
Reading Time: 2 minutesOpenOcean Atlantic, the long-awaited upgrade of OpenOcean, will go live on the Ethereum network today, November 1, 2021.
Panther Protocol and Supra Oracles Join Forces to Enable Cross-Chain, Private DeFi
Reading Time: 2 minutesPanther Protocol and SurpaOracles join forces to introduce cross-chain and private decentralized finance solutions.
Decentralized Finance Platform Gluwa is Selected As a Winner of the Inclusive Fintech 50 Competition
Reading Time: 2 minutesGluwa has been chosen as a winner of the Inclusive Fintech 50 competition.
Orbs’ Open DeFi Notification Protocol Aims to Help Traders Manage Investment Risks
Reading Time: 2 minutesOrbs has just announced it has rolled out the Open DeFi Notification Protocol, a product designed to make traders’ lives easier by providing them with free mobile notifications for consequential on-chain events.

























