decentralized finance

On March 26, it was reported that Do Kwon, the co founder of Terraform Labs, had been arrested in Montenegro for attempting to use counterfeit documents, and had filed an appeal ag

According to official news, the 2023 Paris Blockchain Week has been successfully concluded, including Stellar, Metamusk, Chiliz, Ethbread, Circle, and many other star projects. It

On March 25th, according to on-chain data, the Euler contract deployer\’s address (Euler: Deployer) transferred 20000 ETHs (approximately $35 million) to the Euler multi-signature a

On March 20th, Layer1 Public Chain Sui Network announced that the winning team of Builder House Vietnam Station, Mynft team in the multi chain NFT market won the first place, Typus Finance team won the second place, and Scallop and ComingChat team in the SocialFi application won the third place. It is reported that SuiBuilder Houses provides opportunities to meet and collaborate with global Sui builders. In 2023, Sui plans to hold Builder Houses in 12 places, with Vietnam as the second stop. The next stop will be held in…

On March 17th, DigiFT, the decentralized digital asset exchange, has issued its first perpetual bond support token (PBRT01). After the subscription period, DigiFT has officially started AMM trading of PBRT01 on March 16th. PERT01 is issued by Red Cedar Digital Pte Ltd (a subsidiary of Digital FT), and the underlying assets are 8% perpetual bonds of Barclays Bank, which are held in trust by Citibank. PBRT01 can support qualified investors to subscribe using US dollars or USDC, and Web3 investors can invest in fixed income products without requiring a bank…

It is reported that Alex, the decentralized exchange of Bitcoin, completed a strategic round of financing of US $2.5 million, with the participation of Trust Machines and Gossamer Capital. In addition to decentralized exchanges, Alex also provides pledge, income agriculture and start-up board services. The funds raised this time will be used to continue to establish decentralized finance in the Bitcoin ecosystem and expand user communities. Interpretation of this information: Alex, the decentralized exchange of Bitcoin, recently raised $2.5 million in a strategic round of financing that involved Trust Machines…

It is reported that according to PeckShield monitoring, Euler Finance attackers have begun to transfer stolen funds to Tornado Cash, and at least 100 Ethereum have been transferred through the address beginning with 0xc66d. Interpretation of this information: The above message reports a recent incident of cyber theft whereby an unknown group of attackers have transferred stolen funds to Tornado Cash, a privacy-focused Ethereum mixer. The report comes from PeckShield monitoring, an organization that provides blockchain security and data analytics services. The attackers, identified as Euler Finance attackers, have transferred…

On March 12, Dune data showed that the trading volume of Uniswap reached US $11.84 billion yesterday, nearly twice the trading volume of the second largest day, a record high. Interpretation of this information: The message stated that the trading volume of Uniswap, a decentralized exchange protocol, reached a new record high on March 12 at US $11.84 billion. This is nearly double the trading volume of the second largest day, which highlights the significant growth of Uniswap’s trading activity. Uniswap is a decentralized exchange protocol that allows users to…

On March 9, it was reported that a new executive vote was being held on the Maker governance portal. If the implementation proposal is approved, the clearing parameters of CRVV1ETHSTETH-A will be adjusted as follows: increase the local clearing limit from 3 million DAI to 5 million DAI; Reduce the auction price multiplier from 1.20 to 1.10; Reduce the maximum auction duration from 8400 seconds to 7200 seconds; Increase the maximum auction withdrawal from 0.40 to 0.45. Interpretation of this information: The Maker Protocol, which is a decentralized finance (DeFi)…

It is reported that DeFi insurance provider Nexus Mutual has paid about US $5 million in claims due to the bankruptcy of FTX and BlockFi, and is expected to pay another US $2 million. Nexus Mutual is a member-based service, accounting for about 70% of the locked funds of the encryption native insurance agreement. Interpretation of this information: The recent news of Nexus Mutual, an insurance provider for DeFi, paying out claims worth US $5 million due to the bankruptcy of FTX and BlockFi has caught the attention of many…

It is reported that Sushi Swap developer Sushi plans to launch a decentralized derivatives exchange called Vortex on the Sei blockchain of the Cosmos ecosystem. This version is planned to be released in the second quarter of 2023, which is consistent with Sei’s expected release time on the main network. Meanwhile, Sushi recently acquired Vortex. Interpretation of this information: Sushi Swap is a popular decentralized exchange that allows users to trade cryptocurrencies without the need for intermediaries. According to reports, Sushi Swap’s developer, Sushi, is planning to launch a new…

It is reported that MakerDAO tweeted that MakerVaults is expanding the available exposure of users to ETH liquid collateral derivatives, and is currently making parameter changes for the following collateral assets, including increasing the maximum debt ceiling of CRV V1ETHSTETH-A treasury type with Curve tETH-ETH LP collateral from 20 million DAI to 100 million DAI; Interpretation of this information: On May 11, MakerDAO, a decentralized finance platform, announced on Twitter that MakerVaults is extending users’ exposure to ETH liquid collateral derivatives. This move by MakerDAO seeks to make borrowing and…

On February 18, according to the latest data of defullama, the Blur Bidding Pools TVL broke through 100 million US dollars, continuing to reach a record high, with 104 million US dollars so far. Interpretation of this information: The latest data of defullama, a platform that provides insights into decentralized finance (DeFi) projects, has revealed that the Total Value Locked (TVL) in the Blur Bidding Pools has exceeded $100 million. The Blur Bidding Pools is a DeFi protocol that enables users to bid on prospective tokens and trade against other…

On February 17, Dora Grant DAO closed the second round of zero-knowledge voting channel on the developer incentive platform DoraHacks.io at 23:59 Beijing time on November 15. The final results of the voting and the zero-knowledge proof of the voting results will be announced on the 18th. The distribution of the second phase of US $100000 will be determined by the community voting and the due diligence results of the shortlisted projects. Interpretation of this information: Dora Grant DAO, a decentralized autonomous organization and developer incentive platform, has recently concluded…