Pac Finance Sudden Parameter Change Sparks $24 Million Liquidation
Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet.…
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Bitcoin L2s could start a liquidity war this month, KuCoin report suggests
KuCoin report indicates a 'battle for liquidity' among Bitcoin L2s as Merlin Chain hits a TVL peak and Stacks nears its Nakamoto upgrade.
Chainlink debuts Transporter app, targets hyper-security for cross-chain transactions
Chainlink introduces Transporter app, aiming to streamline cross-chain token transfers with top-tier security and a user-friendly interface.
dYdX to distribute ’60 to 80 million’ to stakers this year: Marketing head says
dYdX is set to distribute $60-80 million in USDC to stakers as the platform's trading volume surpasses $100 billion in just five months.
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at…
Uniswap vows to contest SEC’s legal threat
Uniswap Labs fights back after SEC's Wells notice, with founder Hayden Adams stressing the legality of their DeFi services.
Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing…
P2P.org hits $7.5 billion in TVL, unveils new Staking-as-a-Business model for institutions
P2P.org launches new Staking-as-a-Business model, offering comprehensive support for institutions to easily integrate staking and DeFi services.
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades…
Filecoin’s Liquid Staking Platform Core Team Under Investigation by Chinese Police
The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities. Over the past couple of days, there have been unforeseen updates to…
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