Since early May, the largest stETH liquidity pool has shrunk sevenfold.
The total value of assets in Curve's ETH/stETH liquidity pool fell to about $620 million from $4.5 billion in early May, according to Dune Analytics.
Since early May, the largest stETH liquidity pool has shrunk sevenfold.
The total value of assets in Curve's ETH/stETH liquidity pool fell to about $620 million from $4.5 billion in early May, according to Dune Analytics.
Hacker stole about $1.2 million in an attack on Inverse Finance’s lending protocol
Inverse Finance's lending protocol was hacked, with the attacker withdrawing digital assets worth about $1.2 million. The project's losses could exceed this amount, PeckShield said.
Osmosis Team Sets Timeline for Platform Restoration
Restoring the Osmosis blockchain platform, which has not been processing transactions for a day due to the exploit, will require at least two days. Users will be reimbursed for lost funds, the project team said.
What is DeFi 2.0?
What problems does DeFi 2.0 address? Which projects fall into this segment and what are their features? We explain in new cards.
DeFi venture funding in May falls to $176.3 million
In May, the total volume of venture deals oriented to the decentralized finance sector amounted to $176.3 million. This was the lowest level since September 2021, according to The Block.
Osmosis blockchain halts operations after critical vulnerability
On Wednesday, May 8, the Osmosis Zone blockchain platform of the Cosmos ecosystem halted block production due to a vulnerability that could have drained the liquidity pools of the Osmosis DEX.
Chainlink team announces staking launch; LINK climbs 11%
Developers of the Chainlink decentralized oracle network announced the rollout of the LINK staking mechanism in the second half of 2022. The team noted that the move would bolster the ecosystem's security as it scales.
What is Chainlink (LINK)?
How do Chainlink’s decentralised oracles work? Which firms and projects use them? What is the LINK token for? A primer.
In May, TVL in the DeFi ecosystem fell by 43%.
In May, Bitcoin and Ethereum fell by 15.6% and 28.8% respectively, while the total value of assets in the DeFi segment declined by 43%. This is stated in the ForkLog report.
Singapore regulator to explore DeFi protocol capabilities
The Monetary Authority of Singapore will study the opportunities of DeFi protocols and tokenisation.We use cookies to improve the quality of our service.
By using this website, you agree to the Privacy policy.