Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges. Go to Source
defi
Auto Added by WPeMatico
Another Fantom project winds down citing Multichain exposure
Over $1.5 billion of users’ and enterprises’ assets were held on Multichain prior to the arrest of its CEO Zhaojun He. Go to Source
Cardano DEX MuesliSwap to refund users after slippage confusion
The MuesliSwap team wants to refund users that have lost funds to high slippage due to the way the DEX’s matchmaker was set up. Go to Source
Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator
The decentralized asset management OS Velvet Capital that is driving DeFi adoption joins the Cointelegraph Accelerator program. Go to Source Powered by WPeMatico
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory? Go to Source Powered by WPeMatico
AAVE price takes double-digit hit, but strong fundamentals point to eventual recovery
AAVE price may have been impacted by this week’s Curve Finance scandal, but a robust insurance fund and steady fee revenue could protect against further downside. Go to Source Powered by WPeMatico
Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator
Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM. Go to Source Powered by WPeMatico
Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount. Go to Source Powered by WPeMatico
SushiSwap furthers cross-chain functionality with Core integration
SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem. Go to Source Powered by WPeMatico
Ethereum logs $1M MEV block reward amid Curve Finance exploit
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos. Go to Source Powered by WPeMatico