DeFi
After a prolonged period of silence, Uniswap has confirmed it will proceed with the official vote on the proposal to share transaction fees with UNI token holders. Uniswap Officially Schedules Vote on Fee Sharing Proposal for UNI Holders on May 31 In the early hours of May 25, a representative
DeFi
The token issuance platform pump.fun on Solana has been hacked, resulting in numerous memecoins issued from the platform being siphoned by the hacker. Token Issuance Platform Pump.fun on Solana Hacked On-chain information reveals that the token issuance platform pump.fun has been attacked. The exploited vulnerability appears to
DeFi
Pump.fun, a token issuance platform on Solana, has identified a former employee as the perpetrator behind a recent cyber attack, resulting in a loss of $1.9 million. The project has announced a compensation plan for affected users. Former Employee Hacks Pump.fun, Steals $1.9 Million Pump.fun
DeFi
MakerDAO has announced plans to launch PureDai, a fully decentralized stablecoin, as a replacement for the current DAI, utilizing ETH and stETH as collateral. MakerDAO Plans to Launch New Fully Decentralized Stablecoin "PureDai" to Replace DAI Rune Christensen, the founder of MakerDAO, revealed on Twitter the plan to
DeFi
PancakeSwap, a leading decentralized exchange (DEX) on the BNB Chain ecosystem, has announced plans to reimburse up to $8 million in interface fees paid by traders on the rival platform Uniswap. PancakeSwap Challenges Uniswap with $8 Million Interface Fee Reimbursement On the evening of May 16, 2024, PancakeSwap announced a
DeFi
Drift Foundation has officially launched the DRIFT token and opened the claim portal for a 120 million token airdrop, including a 2% bonus reward. Drift DEX on Solana Opens Claim Portal for DRIFT Token Airdrop with Bonus Drift Foundation, the organization managing the decentralized derivatives exchange (DEX) on Solana, launched
DeFi
Leading liquid staking project Lido and top crypto investment firm Paradigm are reportedly investing in Symbiotic, a new restaking protocol aiming to challenge the dominance of EigenLayer. Lido and Paradigm Invest in Symbiotic - A Competitor to EigenLayer in Restaking According to CoinDesk, the co-founders of the DeFi protocol Lido,
DeFi
Liquity introduces a new stablecoin, BOLD, in its upcoming V2 upgrade, set to launch in Q3 2024. BOLD is the first stablecoin enabling users to set their own loan interest rates. Liquity V2 Launches BOLD, First Stablecoin Allowing Users to Adjust Loan Interest Rates On the evening of May 14,
DeFi
Justin Sun’s Contribution to Swell L2 Highlights His Influence in the Liquid Restaking Sector Justin Sun, the founder of TRON, has made headlines once again with his recent move in the crypto space. According to Wu Blockchain, Sun's wallet has deposited a total of 120,000 eETH
DeFi
Solv Protocol’s SolvBTC Product Garners Significant Deposits Post-Binance Funding SolvBTC of Solv Protocol, a Bitcoin ecosystem liquidity center invested by Binance, has attracted more than 12,000 BTC in Arbitrum, BNB Chain and Merlin Chain, with a total TVL of more than 800 million US dollars. Solv said that
DeFi
Velodrome to Launch on Optimism Superchain Layers Velodrome Finance, a decentralized exchange (DEX) built on the Optimism Layer 2 ecosystem, known for its unique ve(3,3) model and as the largest liquidity hub on Optimism, is expanding its influence by launching on additional Layer 2 networks within the Optimism
DeFi
Maker Introduces NewStable and NewGovToken as Part of Endgame Plan On May 4th, Maker (MKR), the project behind the long-standing decentralized stablecoin Dai (DAI), announced the launch of two new tokens as part of its Endgame Plan. This rebranding and restructuring effort aims to transform Maker's ecosystem into