DeFi Protocols Surge Over 50% in November
November is closing, and native tokens from various decentralized finance (deFi) protocols are experiencing gains exceeding 50%, pushing DeFi’s total value back to levels last seen in 2021. Data from the Tie Terminal indicates that tokens issued by Curve Finance, Athena, and Lido have experienced some of the most significant market capitalization gains over the […]
AAVE Price Surges 9% Amid Strong Whale Activity
The AAVE price jump coincides with the withdrawal of 125,605 AAVE tokens by AAVE whales, totaling $16.9 million in the last 24 hours. AAVE, the native cryptocurrency of the decentralized finance (DeFi) protocol Aave, has experienced a sharp increase in whale activity, leading to an 8% price surge within the last 24 hours, bringing its value […]
Rho Markets Resumes Operations Following Oracle Issue
Rho Markets, a decentralized finance protocol, has resumed operations following a misconfigured Oracle issue last week, accumulating $7.6 million in stablecoins from the protocol. The Scroll-based liquidity layer and lending protocol announced on July 21 that it had recently finished the simulation of repaying all remaining funds to the affected pools. A subsequent message on […]
Hundred Finance Hacker Transfers Stolen Assets After One Year
After a year of inactivity, the hacker who stole $7.4 million from the decentralized Finance (DeFi) protocol Hundred Finance has begun transferring the crypto assets. The infiltrator removed approximately $800,000 worth of Ether and Tether from Curve’s decentralized exchange (DEX) on May 1, more than a year after supplying liquidity on the platform. Upon completion […]
DeFi Protocol dYdX Investigates Halt in Block Production
DeFi protocol developer dYdX declared that it is looking into the reason for the recent stoppage of block production during a planned chain update. dYdX released a status report on April 8 at 05:30 UTC, stating that the chain was moving forward with a planned protocol upgrade and that there would be some disruptions to […]