DeFi


Tech

Iota Releases Shimmer Public Test Chain Ahead of Native Ethereum Virtual Machine Launch

The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM.

Decentralized network. (Shubham Dhage/Unsplash)

Finance

DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August

The service will be terminated on Aug. 1 with automatic unstaking occurring in June.

(lido.fi)

Tech

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says

A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said.

(Zoltan Tasi/Unsplash, modified by CoinDesk)

Markets

Crypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens

Only the pool for borrowing and lending SOL tokens would be affected by the proposed changes.

(Desirae Hayes-Vitor/Unsplash)

Finance

AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi

AllianceBlock Data Tunnel users will be able to import Crunchbase data alongside DeFi data.

(Scott Graham/Unsplash)

Tech

EOS Ethereum Virtual Machine Testnet Goes Live Ahead of April Mainnet Deployment

The network is the final testnet before a mainnet deployment in April as part of a broader revival plan for EOS.

(Shutterstock)

Tech

Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol

The attacker sent over 7,000 ether to Euler on Tuesday and seemingly apologized for their actions in a transaction message.

(Azamat E/Unsplash)

Finance

Disney Lays Off Metaverse Team: Report

Fifty people have lost their jobs as Disney disbands its next-generation storytelling and consumer experiences unit as part a company-wide staff reduction.

(Tyler Nix/Unsplash)

Finance

Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan

The proposal sets a new foundation for the largest decentralized lending protocol’s major restructuring, called “Endgame.”

Rune Christensen (Trevor Jones)

Tech

Crypto Lender Kokomo's Developers Used Wrapped Bitcoin for $4M ‘Exit Scam,’ Security Firm Says

Kokomo's tokens fell 97%, and the project deleted its presence on social media.

Computer Hacking Hackers (Shutterstock)