Ethereum Watch

Share this article Fantom DeFi protocol Stake Steak has suffered an exploit allowing a hacker to mint massive amounts of the protocol’s STEAK token, causing the price to crash over 93%.  Advertisements Stake Steak Protocol Attacked Another DeFi protocol has been hacked, this time on Fantom.  Stake Steak, a DeFi protocol that aims to keep […]

Key Takeaways Matcha has unveiled a new feature that lets users trade on Ethereum without paying gas fees. The feature is powered by meta transactions, that allows a third-party relayer. As market makers set their own fee, the feature may prove to be more expensive than paying gas. Share this article The decentralized exchange aggregator […]

Key Takeaways Orion Money is a suite of cross-chain DeFi products providing seamless stablecoin saving, lending, and spending. It leverages Anchor Protocol on Terra to provide a high stable yield across multiple stablecoins and blockchains. The ORION token unlocks governance for the protocol and establishes a revenue share mechanism for Orion Money’s users. Share this […]

Share this article Emurgo has announced it will contribute $100 million to a fund focused on DeFi, NFTs, and education for the Cardano blockchain. Advertisements Emurgo to Support Cardano Ecosystem Emurgo, the commercial arm of Cardano, will invest $100 million to finance crypto startups on the blockchain. The firm announced the update at Cardano Summit […]

Key Takeaways Solana’s DeFi ecosystem is growing rapidly. Several high-quality projects are vying to become the network’s blue chips. By using these protocols early, users can get in on the ground floor before the ecosystem develops. Share this article Following Solana’s meteoric price rise, the smart contract platform’s DeFi ecosystem has exploded. With so many […]

Key Takeaways Cardano is launching a storefront for certified, decentralized applications called the Plutus dAppStore. The goal of the dAppStore is to make dApps running on Cardano easier for discovery. IOHK is also launching a formal certification program for third-party dApps on Cardano. Share this article Input Output (IOHK), the development company behind Cardano, has […]

Key Takeaways Kava Labs has created a new Ignition Fund of $185 million to finance new DeFi protocols. Several DeFi projects will be financed to build on top of Kava, the core team announced. Assets under management (AUM) on the Kava network has increased to over $2 billion recently. Share this article Kava Labs has […]

Share this article Panther Protocol has announced a strategic partnership with the leading Layer 2 scaling solution Polygon. Advertisements Panther and Polygon Tackle Privacy Panther Protocol, who is building their MVP on Polygon, aims to bring interoperable privacy and compliance friendly disclosure mechanisms to the Polygon network. Besides providing technical support, Polygon will help Panther […]

Share this article Portal plans to bring DeFi to Bitcoin. Advertisements Portal Closes $8.5M Funding Round Portal, a self-hosted Layer 2 wallet and true cross-chain decentralized exchange on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is delighted to announce the closing of an $8.5 million funding round […]

Key Takeaways Benoit Coeuré, the head of the BIS’ innovation hub, has called on central banks to act quickly in response to the rise of cryptocurrencies. Coeuré warned that “stablecoins and DeFi will challenge banks’ models.” The BIS is now more actively encouraging CBDC development by central banks. Share this article The head of the […]