Grant Boosts Web3 Crowd Testing Platform Development #DeFi
The 1inch DAO is voting on a $150K USDC grant to develop a web3 crowd testing platform by xcrwd. Voting ends June 15, with 99.4% support. #Web3 #CryptoNews
DeFi
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Bitcoin Becomes DeFi Technologies’ Reserve Asset #DeFi
DeFi Technologies ($DEFTF) adopts Bitcoin as its primary reserve asset, acquiring 110 BTC worth $7.6M. This strategic move boosts their stock by 25% and reflects Bitcoin’s deflationary edge. #CryptoNews
Biconomy Launches DAN Stack for AI Delegation #DeFI
.@Biconomy launched the Delegated Authorization Network (DAN) on June 11, 2024, enabling safe AI on-chain delegation and improving crypto security. #Blockchain #AI
Uniswap Surges 6% After Major Acquisition News #DeFI
Uniswap Labs acquires blockchain game Crypto: The Game, boosting $UNI by 6%. CTG founders will join Uniswap to develop Season 3. #Crypto #BlockchainGaming
DeFi Revolution: Jellyverse Launches Tools on Sei #DeFi
Jellyverse, @Balancer’s partner on @SeiNetwork, launches DeFi 3.0 tools: JellySwap DEX, JellyStake staking, and jAssets synthetics protocol. First Pool Party starts June 11. #DeFi #Updates
DeFi Hack: UwU Lend Loses $19.3M #DeFi
UwU Lend, created by Frog Nation’s ex-CFO 0xSifu, lost $19.3M in a 6-minute hack. Experts call for better DeFi security. #Crypto #DeFi
Bitcoin Surges: DeFi Technologies Treasury Boosts Stock #Bitcoin
DeFi Technologies ($DEFTF) adopts Bitcoin as its primary treasury reserve, purchasing 110 BTC worth $7.7M. Stock surged 11.11%, closing at $1.30. #DeFi #Bitcoin #Updates
Polkadot Funds $14.4M for DeFi Project Hydration #DeFi
Polkadot’s treasury allocates $14.4M to boost DeFi project Hydration, enhancing liquidity and efficiency. Phase one offers over 200% APY for liquidity providers. #DeFi #Polkadot
Loopring Wallet Breach Exposes Critical Vulnerabilities #Security
Loopring’s Ethereum ZK-Rollup protocol suffered a breach on June 9, leading to the theft of $5M in ETH. The hack exploited their 2FA service, raising concerns over smart wallet security. #CryptoNews #Ethereum
Staking Begins at Polyhedra Network After Trademark Win
Polyhedra Network launches a 4-week staking program with $1.13M in rewards for staking ZKJ tokens. Minimum 1,000 ZKJ required. Resolution of ZK trademark dispute boosts community trust. #crypto #Updates
Tornado Cash TVL, Token Price Skyrocket Amid Downturn #DeFI
$TORN surges 11.8% to $3.36 with a market cap over $17M despite a bearish market. TVL increased by 7%, hitting $614.18M. Support from @VitalikButerin boosts confidence. #CryptoNews
Uniswap, Notcoin, Rebel Satoshi Rebound Strongly #Crypto
Rebel Satoshi ($RBLZ) surges 120%, Uniswap ($UNI) sees double-digit gains, and Notcoin ($NOT) rises 160%. Crypto market shows robust growth trends. #Crypto #Updates
Wormhole Launches Governance Staking, W Token Surges 12%
Wormhole’s $W token surged 12% to $0.7113 with a $225M trading volume post-new staking feature. MultiGov enhances multichain governance and decentralization. Analysts see a potential price reversal. #Crypto #Updates
Chainlink, Aave Ready to Join Top Cryptos
Chainlink ($LINK) surges 6% post-Swift collaboration, while Aave ($AAVE) plans its own Layer 2 solution. New memecoin Angry Pepe Fork ($APORK) launches on Solana with “Conquer to Earn.” #CryptoNews