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Daily Defi News from Across the Web

Daily Defi News from Across the Web

👻 Aave and the stable wars

🧶Week in Review: July 3rd Aave proposes to launch a USD-pegged stablecoin called GHO A new proposal was posted on the Aave governance forums for GHO, a native decentralized stablecoin pegged to... Read more »

💥MakerDAO vote wars – by Guneet Kaur and Nass

🧶 DeFi Recap Members of MakerDAO are startled by its audacious governance proposals The bear market drama continued with Three Arrows’ significant losses due to holding sizable investments in Terra’s bankrupt UST... Read more »
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Crema Finance Hacker Returns $7.6M of Stolen Funds

The attacker responsible for the Solana-based Crema Finance hack has returned about $7.6 million of stolen funds, keeping roughly $1.6 million worth of SOL as a bug bounty reward. Crema Finance Hacker Returns... Read more »
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U.K. Wants Public Views on Taxation of DeFi Loans and Crypto Staking 

The United Kingdom (UK) has launched a call for evidence seeking public views on the taxation of crypto-backed loans and staking in the context of decentralized finance (DeFi).  The call for evidence... Read more »
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💥 No limits for Lido!

After four days of voting, LDO holders voted not to limit Lido’s own growth. Lido, the largest liquid staking protocol on the Ethereum network, is now responsible for almost 32% of Beacon... Read more »
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White Hat Gets $630k for Averting Potential $25M Bug on Solana-based Port Finance

Port Finance, a Solana-based lending protocol, has paid out a $630,000 bounty to a white hat hacker who helped prevent a potential $25 million vulnerability from the platform, cybersecurity firm Halborn revealed... Read more »
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🏹 Hold your keys – by Guneet Kaur and DeFinn

By now, you’ve probably heard about Three Arrows Capital insolvency rumors, right? These rumors have been going around for a time now, and I personally believe that their liquidation might be done... Read more »
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DeFi Protocol Inverse Finance Hacked Again for $1.2M

Decentralized lending platform Inverse Finance has again become a victim of hackers, losing $1.26 million this time. Inverse Finance Loses $1.2M to Hackers Blockchain security and data analytics company PeckShield explained how... Read more »
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🐼 Happy Ropsten Merge! – by DeFinn and Guneet Kaur

Long ETH, short Vitalik’s microphone Today is a great day for the Ethereum community: in preparation for the Ethereum merge happening later this year, the merge was activated in the Ropsten test... Read more »
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👀 Stay safe: ponzis are coming

 🦀 Bear market or crab market? – DeFi TVL haven’t change much of the $56B from past week. The market is still slowly recovering confidence after the UST implode drama, but crypto... Read more »

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