dYdX Unlocks Governance Token

DeFi derivatives platform dYdX is unlocking allocations on its DYDX governance token for users today, allowing those who received the initial airdrop to withdraw and trade their allotted tokens. The Initial Transfer Restriction period for $DYDX will be lifted tomorrow on Sep. 8, 2021 at ~15:00 UTC 🎉👀. All earned rewards can be claimed and … Read more

Uniswap Restricts Access To Synthetic Assets In DApp UI

The Uniswap team has restricted access to several dozen tokens from their user interface, leaving users questioning the role of decentralized governance in the move. As of today, we have started restricting access to a small number of tokens at https://t.co/liqYXtQoM2 These changes pertain to the interface at https://t.co/liqYXtQoM2 — the Protocol remains entirely autonomous, … Read more

THORChain (RUNE) Suffers Second Exploit in 8 Days, $8M Stolen

Cross-chain protocol THORChain (RUNE) has suffered around $8 million in losses in a new exploit today – its second hack in just over a week. The attack targeted the platform’s ETH router, with the hacker surprisingly stealing less funds than they could have made away with.  THORChain has suffered a sophisticated attack on the ETH … Read more

NFT Meets DeFi: Drops Loans Launches On Ethereum Mainnet

Drops, an NFT-meets-DeFi platform, launched its loans protocol on Ethereum mainnet yesterday, in its very first step toward NFT-backed loans. 🙌📢The wait is over! Our Loans protocol with liquidity mining program is live!🥳 You can lend/borrow $ENJ, $USDC, $ETH, $WBTC and mine $DOP here👉https://t.co/YCh56YE5hk 🎯More #NFT related tokens are going to be added soon. 📒More … Read more

BSC’s “Pancake Bunny” Exploited, Community Claims $1 Billion Loss

Binance Smart Chain DeFi protocol Pancake Bunny has been exploited via a flash-loan attack, in what the community initially believed to be a record-setting $1 billion loss. The price of the protocol’s BUNNY token dropped to virtually zero in the attack, now sitting at a 95% drawdown. Attention Bunny Fam Our project has suffered a … Read more

Coinbase Wallet Launches Its Own Browser Extension

Coinbase has announced its very own browser extension for its Coinbase Wallet, which will enable users to connect to decentralized applications (DApps) in a Metamask-like fashion. The new extension is expected to vastly improve user experience for the wallet’s one million users when using their favorite DeFi applications, such as Uniswap and Compound. Until now, … Read more