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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Poly Network Attacker Threatens to Delay Return of Funds

The hacker who carried out a $600 million-plus exploit on the blockchain protocol Poly Network has threatened to delay the full return of funds until at least next week. “YOUR ESSAYS ARE... Read more »

Rally Submits Proposal to Be Run by RLY Token Holders

The road map would see the crypto-based “creator coin” platform split into a venture studio, an Asia-based outpost, a Swiss nonprofit, a decentralized autonomous organization (DAO) and a Delaware-based corporation that would... Read more »

Avalanche’s AVAX Token Jumps on $180M Incentive Program

The price of AVAX, the token of the Avalanche platform, surged Wednesday after Avalanche announced plans for a $180 million “liquidity mining incentive program” to increase its scale in the world of decentralized... Read more »
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White Hats Just Defused a Potential $350M Heist on SushiSwap

A group of people in the crypto community, led by crypto investment firm Paradigm’s research partner Sam Sun, may have just prevented SushiSwap’s token fundraising platform Miso from losing more than $350... Read more »
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SuperRare Drops RARE Token to Decentralize NFT Marketplace

Non-fungible token (NFT) marketplace SuperRare launched a “Curation Token” on Tuesday to decentralize the project. At launch, 15% of the RARE token’s total supply was airdropped to past users of the platform. ... Read more »
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The Poly Hack and Crypto’s Trust Issues | David Z. Morris

“And now, folks, it’s time for: Who do you trust? Hubba hubba hubba, money money money. Who do you trust? Me, I’m giving away free money. And where’s the Batman? At home,... Read more »
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DeFi’s 1inch Network Launches on Ethereum Scaling Platform Optimism

1inch Network, a platform that aims to find the best deals across multiple decentralized exchanges (DEXs), has expanded to the Optimistic Ethereum mainnet. The move to the layer 2 network makes 1inch... Read more »
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Ex-Goldman Sachs Traders Raise $4M for DeFi Risk Management Startup

Ondo Finance, a protocol meant to accelerate decentralized finance (DeFi) adoption among institutional investors by minimizing risk, has raised $4 million in a funding round led by Pantera Capital.  CoinFund, Protoscale Capital,... Read more »
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Blockchain Security Firm CertiK Raises $24M in Funding Round

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict... Read more »
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Solana DeFi Hits $2 Billion TVL Milestone as More Projects Go Live

There are a few projects in the crypto space that are catching the eye right now like Solana. Aside from the price of $SOL hitting a new all-time high this week, the... Read more »

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