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Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.
Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to…
SushiSwap’s token launchpad, MISO, hacked for $3M
SushiSwap’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI” if the suspected hacker doesn’t return the funds.
Surge in activity and token prices show ‘DeFi Summer 2.0’ already started
DeFi platforms have seen a steady surge in user activity and token prices, leading some analysts to say that the ‘DeFi Summer 2.0’ is well underway.
Leading DeFi projects launch $100M global adoption initative
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets.
DeFi TVL hits a record $157B as Ethereum competitors attract investors
Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hit a new all-time high.