Category: Defi

Hubble Protocol, the Solana-Based DeFi Project, raises $5 million in a strategic round led by Multicoin Capital. YEREVAN (CoinChapter.com) — Solana-based Decentralized Finance (DeFi) project Hubble Protocol has raised $5 million in a new financing round. Crypto investment firm Multicoin Capital,...

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Uniswap dominates the DEX sector with record-breaking trading volume, outpacing centralized exchanges like Coinbase. Image by Yury, Adobe Stock The leading decentralized exchange (DEX) Uniswap recorded an all-time high trading volume of over $100 billion in October. This milestone is...

Is NEXO the next 'Celsius'? Analyst says yes. 7 YEREVAN (CoinChapter.com) – The infamous Terra implosion left many threats behind for the whole CeFi sector. One of the victims was Celsius, a lending/borrowing platform that filed for bankruptcy in July...

The crypto and Web3 community has mobilized to support relief efforts in Israel in response to the recent wave of Hamas terrorist attacks. The grassroots initiative, Crypto Aid Israel, has raised over $185,000 to date, with participation from over 30...

Source: AdobeStock / Rido Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Security news Blockchain security firm Quantstamp announced DeFi Protection, a new security product that...

Hackers exploited several DeFi protocols for millions of dollars in fresh attacks YEREVAN (CoinChapter.com) — Decentralized Finance (Defi) protocols remain hot targets for exploiters. According to reports, hackers have stolen over $115 million daily in separate onslaughts. The majority of...

Scroll officially unveils its mainnet, leveraging zero-knowledge proofs to significantly enhance Ethereum’s transaction speed and reduce costs. Leading Ethereum scaling solution Scroll has officially unveiled its mainnet. After two years marked by rigorous development and testing, the zkEVM network aims...

Source: iStock/JuSun Friend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals. Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly...

DeFi Protocol Ankr Loses $5M to Hack — Many Tokens Affected YEREVAN (CoinChapter.com) — Decentralized finance (DeFi) protocol Ankr is the latest victim of a massive exploit. According to reports, attackers drained the Binance (BNB) Chain-based platform of $5 million. ...