DeFi
Opera Launches New Web3 Browser
- The new Opera browser was designed to improve the user experience when browsing decentralized apps, games, and metaverse platforms.
- A new non-custodial wallet will be at the core of the new Opera experience, allowing users to access their crypto and dApps without extensions.
Aave Launches Institutional DeFi Service Aave Arc
- Aave Arc is a permissioned liquidity pool specifically designed for institutions to maintain regulatory compliance in the DeFi space.
- Fireblocks, which was chosen as the first whitelister for the platform, has already approved 30 institutions to participate in Aave Arc.
Binance Invests $12M in Liquidity Provider WOO Network
- Binance's investments comes only two months after WOO Network closed a $30 million Series A funding round.
- WOO Network not only provides liquidity to the Binance Smart Chain, but also to the 1inch, ParaSwap, Dodo, and DYDX networks.
How to Explore Historical DeFi Data
- DeFi Watch is a decentralized finance historical data aggregator.
- It allows people to explore pool prospects on different platforms and apps to find the best place to earn interest on DeFi.
Figment Closes $110M Series C Funding Round
- Figment will use the new capital to add support for staking across more proof-of-stake (PoS) blockchains, as well as significantly grow its headcount.
- Figment has more than $7.5 billion in digital assets staked on its infrastructure, which spans across 50 networks and supports over 130 institutional clients.
Grim Finance Suffers Reentrancy Attack, Loses $30M
- The hacker made five deposits into the vault while the first was being processed by exploiting the protocol's vault contract.
- The project quickly paused its vaults, but not before the attacker stole around $30 million worth of digital assets, causing Grim Finance's TVL to fall to $4 million.
Airdrops Announced for Stakers on Avalanche Accelerator Colony
- In addition to the first two airdrops, multiple others are planned, while the platform will also grant access to validator and liquidity provider rewards, index performance fees and DAO voting.
- The circulating supply of the token is spectacularly low since 81% of the initial tokens are currently locked in staking.
DappRadar’s RADAR Lists on Uniswap & SushiSwap, APR of Over 10,000%
- The new RADAR token is meant to reward active community members for participation, contributions, and curation on DappRadar.
- Less than 24h after getting listed on Uniswap and SushiSwap, the token is already generating DAPR of 18,500% and 2,450% respectively.
Circle’s USDC Launches on Avalanche
- Circle hopes that native USDC support on Avalanche could empower more developers to build eco-friendly decentralized finance (DeFi) applications.
- Avalanche has become the seventh blockchain to support the stablecoin, following Hedera, Tron, Ethereum, Algorand, Stellar and Solana.
Protocol-Owned DEX Liquidity (PODL) Contracts Explained
- PODL contracts are part of the reason for the overnight growth of new lending platforms, particularly Geist on Fantom and Blizz on Avalanche.
- While the opportunity that they represent is attractive, it is rarely present for traders and it comes at a cost.