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In a recent development that could redefine its operational structure, decentralized exchange SushiSwap has seen its community preliminarily vote in favor of adopting a “Labs model,” signaling a shift towards a less…
In a recent testimony before the Senate Banking Committee, U.S. Deputy Treasury Secretary Adewale Adeyemo highlighted the Treasury Department’s concern over the use of cryptocurrencies in illicit financial activities. Despite acknowledging that…
Avi Eisenberg, a notable figure in the crypto trading world, is set to stand trial in a case that will scrutinize his actions against Mango Markets, a DeFi platform on the Solana…
In a commendable move by the decentralized finance (DeFi) community, the ParaSwap decentralized autonomous organization (DAO) has taken decisive action to compensate the victims of a recent contract vulnerability. After a significant…
In a remarkable achievement for the decentralized finance (DeFi) sector, Uniswap, a leading decentralized exchange (DEX), has eclipsed $2 trillion in cumulative trading volume. This landmark was reached on April 5, a…
Pendle Finance has made headlines with an astonishing leap in its Total Value Locked (TVL), soaring to an impressive $3.97 billion. This surge, detailed by data from DeFiLlama, positions Pendle as the…
The decentralized application (DApp) and Web3 sector have shown remarkable growth in the first quarter of 2024, according to a recent report by DappRadar. The data indicates a significant uptick in DApp…
In a strategic move to mitigate potential risks associated with MakerDAO’s aggressive expansion of DAI through its D3M strategy, Aave has put forward a proposal via its Aave Risk Framework Committee (ARFC).…
March witnessed a remarkable surge in venture capital investments into the cryptocurrency sector, with a more than 52% increase compared to the previous month. This investment wave brought over $1.16 billion into…
In a significant move for the decentralized finance (DeFi) sector, MakerDAO, the decentralized autonomous organization behind the Ethereum-based blockchain protocol, is set to boost Ethena Labs’ growth through a substantial $600 million…
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