Binance’s BNB Chain is set to undergo two hard forks in August 2023 to reduce the possibility of a malicious blockchain reorganization and increase compatibility with other Ethereum Virtual Machine (EVM) blockchain networks. The Plato and Hertz […]
Rocket Pool price soared nearly 10% after Coinbase Ventures’s purchase of RPL tokens. The Coinbase venture arm announced the strategic investment on Thursday. RPL rose to highs of $29.25, with over $15 million traded in […]
Base, Coinbase’s layer-2 scaling solution, has announced the opening of its Mainnet Bridge to the tomorrow. The move is part of the U.S. leading exchange to onboard a million builders and users to the blockchain. […]
Key Takeaways DeFi has seen massive capital outflows in the last year as token prices have collapsed Trad-fi yields have also spiked while DeFi yields have fallen Ethereum has underperformed Bitcoin notably since the Merge […]
USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 […]
Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million. Once again, the lion’s share of movement was attributed to Bitcoin […]
Alex Gluchowski, the co-founder and CEO of zkSync creator Matter Labs, has denied copy-pasting code from Polygon Zero after the zero-knowledge scaling firm accused it of copying the code from their system without proper attribution. […]
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The $47 million Curve Finance exploit on […]
Update (Aug. 3 at 9:49 p.m. UTC): This article has been updated to add Matter Labs’ response. Polygon’s zero-knowledge scaling arm, Polygon Zero, is accusing developers of Matter Labs of copy-pasting “a substantial amount of […]
Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. The new protocol is called the Global Systematically Important Protocol (G-SIP), […]
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