Wollito UAB

Voting for and against the proposal was evenly matched but recently tipped in favor of the ‘yay,' despite continued criticism of the plan on social media. Voting ends April 10.

SushiSwap team treasury takeover looks likely, despite heated debate

A controversial proposal to change SushiSwap’s treasury structure by the team behind the decentralized exchange looks like it may go through, despite vocal opposition to the proposal on so...

5 months ago

Union Labs’ Campaign for Community Growth

Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign

The sovereign interoperability layer Union Labs has partnered with Lava to initiate an incentive Remote Procedure Call (RPC) campaign. According to a press release share...

5 months ago

Decentralized exchange aggregator 1inch has unveiled a crypto debit card

DEX Aggregator 1inch Partner with Mastercard to Rollout Crypto Debit Card

Decentralized exchange aggregator 1inch has unveiled a crypto debit card, which will enable crypto users for online and in-person purchases. The card is powered by payments giant Maste...

5 months ago

The ParaSwap AugustusV6 contract, which momentarily went live on March 18, contained a critical vulnerability that allowed hackers to drain funds from users who approved the upgrade.

ParaSwap DAO allocates funds for hack victims’ compensation

The community behind the decentralized finance (DeFi) aggregator ParaSwap has agreed to compensate hack victims using funds from the treasury. On April 4, the ParaSwap ...

5 months ago

The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.

Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer'

The platform has generated yields by shorting ether (ETH) futures and pocketing funding rates since its January rollout. Ethena's USDe is supposed to ma...

5 months ago

Ellipsis Labs will use the new funding to accelerate the progress of DeFi up and down the stack.

Paradigm leads $20M funding round for Ellipsis Labs’ DeFi expansion

Ellipsis Labs, a developer in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm leading the investment round. According to a post on X, E...

5 months ago

Trading Bots Buy and Sell Based on ETF Flows Data

Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings

Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US exchange-traded funds (ETFs) that hold the cryptocurrency.&nbs...

5 months ago

North Korea’s hacker organization Lazarus is using Tornado Cash again despite U.S. sanctions against the popular cryptocurrency mixer.

Elliptic: Lazarus Group taps Tornado Cash to launder Heco Bridge, HTX hack proceeds

Blockchain analytics startup Elliptic reported on March 14 that Lazarus funneled $12 million into the Ethereum-based crypto tumbler. The funds, denominated in Ether (ETH), originated f...

5 months ago

The DeFi lending pioneer is poised to launch Phase 1 of its “Endgame” plan, which begins with rebranding, new tokens and scaling its Dai stablecoin.

Maker’s ‘Endgame’ readies launch, aims for 100B DAI to take on Tether

Decentralized finance protocol MakerDAO is preparing for the launch of its highly anticipated “Endgame” transformation that will focus the platform “toward scalable resilience ...

6 months ago

Elixir, a decentralized network aiming to enhance liquidity on orderbook exchanges, recently finalized a Series B funding round, reaching a valuation of $800 million.

Elixir secures $8 million in Series B funding

The round, co-led by Mysten Labs and Maelstrom, raised $8 million with contributions from entities including Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, among others.

6 months ago