Convex – DIGIT INFO

DeFi protocol removed an important line of code that led to a $212K hack

DIGIT — Fri, 02 Aug 2024 04:07:57 +0000

The attack occurred around 3 am UTC on Aug. 1, leading Convergence’s native token CVG to plummet over 99%.

Go to Source

Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO

DIGIT — Tue, 20 Jun 2023 17:15:08 +0000

The Reserve team said the investment could allow for new features such as collateralized loans and wallet products.

Go to Source

Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%

DIGIT — Sun, 30 Jan 2022 16:30:35 +0000

On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs More Than 5%, Ethereum Defi Dominance Still 60%, Cross-Chain […]

Go to Source

Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year

DIGIT — Sun, 23 Jan 2022 16:30:16 +0000

The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the TVL is around $201.55 billion. TVL in Defi Loses $54 Billion in 2 Weeks While digital currency markets shed significant value during the last two […]

Go to Source

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

DIGIT — Sat, 15 Jan 2022 18:30:26 +0000

On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen […]

Go to Source

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

DIGIT — Mon, 10 Jan 2022 14:30:00 +0000

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes […]

Go to Source

Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%

DIGIT — Sat, 08 Jan 2022 16:30:27 +0000

Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped 8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84% dominance. Value Locked in Defi Takes a Hit, TVL […]

Go to Source

$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

DIGIT — Fri, 07 Jan 2022 01:15:06 +0000

Terra would provide over $139 million in UST and LUNA to several leading DeFi projects on Ethereum, Solana, and Polygon for at least the next six months.

Go to Source

Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance

DIGIT — Tue, 04 Jan 2022 20:30:52 +0000

The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with […]

Go to Source