Scaling DeFi with Optimistic Rollups is not the best option, says Matter Labs CEO
Ethereum needs to scale with layer-two in the short-term, and ZK Rollups can pick up the slack. Go to Source Powered by WPeMatico
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Binance-backed WazirX is the latest Indian exchange to launch staking
WazirX is the second Indian crypto exchange to launch in-app staking. Go to Source Powered by WPeMatico
$27M of Sushi funds could disappear at the drop of a chef’s hat
Research into Sushi’s wallets reveal the admin holds the keys to $27 million worth of tokens. Go to Source Powered by WPeMatico
Messari: $500M in BTC tokenized for DeFi is just the beginning
With more than half a billion dollars worth BTC already tokenized, Messari believes that projects bringing Bitcoin to DeFi will emerge as leaders of the crypto sector. Go to Source Powered by WPeMatico
Money Market Protocol Aave Settles $300 Million in Defi Flash Loans
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time soon. In just a short … Read more
How can DeFi projects avoid getting cloned and dying?
Was the Uniswap fork that created SushiSwap a good thing for the DeFi sector? Go to Source Powered by WPeMatico
Multiplier DeFi (Beta Release) Targets Tokenized Bonds
1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik. Following approval for its advanced blockchain protocol, Multiplier will commence its DeFi beta release on 2nd September 2020, with the MainNet to follow immediately after. A total of 1 billion … Read more
Band Protocol CEO says that a single Chainlink data request costs $450
Band Protocol is about to give Chainlink a run for its money on Ethereum. Go to Source Powered by WPeMatico
DeFi’s popularity has pushed DEX volume past $11B
Can anything slow DeFi’s growth at this point? Go to Source Powered by WPeMatico
Uniswap founder dismisses copycat that could ‘steal’ 75% of its liquidity
SushiSwap has all but declared war on Uniswap, and Hayden Adams appears to be returning the favor. Go to Source Powered by WPeMatico
