dYdX Ditches Ethereum for Its Own Cosmos Blockchain
dYdX, a decentralized exchange focused on providing perpetual contracts, is migrating away from Ethereum and spinning up its own blockchain thanks to the Cosmos SDK. The team expects the move...
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Why cross-chain interoperability matters for DeFi
With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution.
Attackers loot $5M from Osmosis in LP exploit, $2M returned soon after
Attackers have exploited a bug in the Osmosis exchange to the tune of $5M as FireStake validators admit to their role in racking up roughly $2M before stepping forward.
Balancer launches on Ethereum L2 network Optimism
There are currently 38 projects deployed on the Ethereum layer-2 network. More are expected as attention shifts to scalability.
Uniswap breaks $1T in volume — but has only been used by 3.9M addresses
Uniswap has hit two major milestones this month, with the DEX topping $1 trillion in volume and hitting around 3.9 million cumulative users this month.
DEX aims to take on Uniswap with its concentrated liquidity bet
Concentrated liquidity has become the latest trend in the DeFi world with several projects shifting to the new liquidity model on various blockchains.
Uniswap launches venture capital wing for Web3 investments
The firm says it has already invested in 11 companies and Web3 protocols such as Aave, MakerDAO, LayerZero, and others, with plans to participate in the governance systems of some…
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish.
Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by…
DEXs and KYC: A match made in hell or a real possibility?
Decentralized exchanges must figure out how to up their Know Your Customer compliance before the regulation wave hits.
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