DeFi

Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned
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Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned

The Poly Network is set to start a new journey as its protocol exploiter has now returned all of the stolen funds

Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance
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Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance

Bloomberg has launched a DeFi-backed Index fund with co-branding from Galaxy Digital.

Polygon Network Contemplating the Idea of Creating DAOs
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Polygon Network Contemplating the Idea of Creating DAOs

Polygon is looking to build a DAO to harmonize its growing ecosystem.

Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round
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Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round

Two former Goldman Sachs staff have developed a new DeFi protocol Ondo to enhance how users interact with DeFi products, which has raised $4 million through an equity funding round.

ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High
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ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High

Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.

Mango Markets DEX Raises $70M through MNGO Tokens Sale
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Mango Markets DEX Raises $70M through MNGO Tokens Sale

Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.

Hackers Return $260M amid the Cyberattack against Poly Network
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Hackers Return $260M amid the Cyberattack against Poly Network

The hacker of the Poly Network has returned as much as $260 million out of the stolen funds.

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings
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The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.

Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
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Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges

Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.

Ethereum Addresses Interacting with DeFi Protocols Surge to 2.91M in Q2: ConsenSys Report
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Ethereum Addresses Interacting with DeFi Protocols Surge to 2.91M in Q2: ConsenSys Report

A new ConsenSys report highlights the growth inherent in the Ethereum blockchain cutting across addresses and stablecoins