🔸Binance’s $5M $CRV Investment: Fortifying DeFi

Binance Labs, the venture capital and incubation division of Binance, has plunged $5 million into the Curve DAO Token (CRV).

#binance #defi #curvefinance

For more ➡️https://cryptodaily.co.uk/2023/08/binance-5m-usd-crv-investment-fortifying-defi

RocketSwap Outlines Emergency Plan Following $865,000 Exploit $RCKT

Base project RocketSwap has shared an emergency plan with users as it looks to recover from a brute force hack.

#defi #crypto #rocketswap

For more ➡️https://cryptodaily.co.uk/2023/08/rocketswap-outlines-emergency-plan-following-865000-exploit

🛝Arbitrum to Unlock $1B Worth of $ARB By March 2024

The first unlock is set almost a year after the $ARB token finally launched last March 2023.

#DeFi #Arbitrum #L2 #crypto

For more ➡️https://cryptodaily.co.uk/2023/08/arbitrum-to-unlock-1b-worth-of-arb-by-march-2024

💬Instadapp Introduces Avocado Multisig Wallet $INST

One of the distinct features of this wallet is its capability to use a single address on more than ten different blockchain networks.

#Instadapp #DeFi #AvocadoWallet #multisig $USDC #privacy #security #interoperability

For more ➡️https://cryptodaily.co.uk/2023/08/instadapp-introduces-avocado-multisig-wallet

✍️MakerDAO CEO Proposes Using Solana’s Codebase For NewChain $MKR $DAI

Rune Christensen, the CEO of MakerDAO, has proposed using Solana’s codebase as the foundation for the protocol’s future blockchain, NewChain.

#makerdao #defi #solana

For more ➡️https://cryptodaily.co.uk/2023/09/makerdao-ceo-proposes-using-solanas-codebase-for-newchain

💰Crypto Can Benefit Society

Crypto has always caused a polemic argument ever since its inception with the likes of Bitcoin. With fervent supporters on one side and sceptical critics on the other, the fundamental nature of money, centralisation, and the future of transactions is hotly debated.

#Crypto #Bitcoin #cryptocurrencies #Security #Transparency #Decentralisation #DeFi #SmartContracts

For more➡️
https://cryptodaily.co.uk/2023/09/crypto-can-benefit-society

📈📉DeFi Industry Leaders Form Tokenized Asset Coalition $COIN $AAVE $USDC

The founding members include Aave, Centrifuge, Circle, Coinbase (through its Layer-2, Base), RWA.xyz, Goldfinch, and Credix.

#DeFi #TokenizedAssetCoalition #tokenizedassets #realworldassets #tokenization

For more ➡️https://cryptodaily.co.uk/2023/09/defi-industry-leaders-form-tokenized-asset-coalition

✅Compound Launches on Base, Native USDC For Arbitrum Now Live $COMP $ARB $ETH $USDC

Users can now transfer native USDC from the Arbitrum market to different chains via Circle’s cross-chain transfer protocol (CCTP), without needing to bridge back to Ethereum.

#DeFi #Compound #Arbitrum #Circle #USDC #Ethereum #crosschain #interoperability

https://cryptodaily.co.uk/2023/09/compound-launches-on-base-native-usdc-for-arbitrum-now-live

📊Octav Raises 2.65 Million To Help Label DeFi Transactions

Octav, a DeFi labeling and tax reconciliation platform, raised a $2.65 million seed to help label the DeFi ecosystem and be the "Quickbooks of crypto".

#Defi #crypto #octav

For more ➡️https://cryptodaily.co.uk/2023/09/octav-raises-265-million-to-help-label-defi-transactions

Balancer Suspends Protocol After Frontend Exploit $BAL

An announcement was made to the Balancer community urging them to refrain from interaction with the Balancer user interface until an all-clear notice has been issued.

#Balancer #Security #DeFi #Balancerexploit

For more ➡️https://cryptodaily.co.uk/2023/09/balancer-suspends-protocol-after-frontend-exploit

☺️Jade Protocol Community Member Proposes Liquidating $31M Treasury $JADE

Following the proposal, the native JADE token registered a significant surge in value.

#jadeprotocol #defi #crypto

For more ➡️https://cryptodaily.co.uk/2023/09/jade-protocol-community-member-proposes-liquidating-31m-treasury

🔺UBS Launches Ethereum-based Money Market Fund Through Singapore's Project Guardian $ETH

Leveraging a smart contract on the Ethereum network, the pilot facilitated activities such as redemptions and fund subscriptions.

#UBS #Ethereum #DeFi #Singapore #ProjectGuardian

For more ➡️https://cryptodaily.co.uk/2023/10/ubs-launches-ethereum-based-money-market-fund-through-singapores-project-guardian

🔺Diving Board Brings Options Trading To DeFi Using Space And Time Tech

Diving Board, a crypto startup focused on options trading, has announced its official launch. The project boasts some impressive tech under the hood, with much of it coming courtesy of decentralized data warehouse Space and Time (SxT).

#Web3 #SXT #Defi

For more ➡️https://cryptodaily.co.uk/2023/10/diving-board-brings-options-trading-to-defi-using-space-and-time-tech

Prisma Finance Hacked For $11.6M; Hacker Claims Whitehat Rescue

DeFi protocol Prisma Finance is reeling from an $11.6 million hack, as the hacker claims a 'whitehat rescue', prompting industry scrutiny and caution.

#prismafinance #defi #hack

For more ➡️https://cryptodaily.co.uk/2024/03/prisma-finance-hacked-for-116m-hacker-claims-whitehat-rescue