TVL

Web3 Security Firm Quantstamp Launches Novel Economic Exploit Analysis Service to Combat Flash Loan Attacks

Retrieved on: 
Wednesday, August 23, 2023

SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Quantstamp , a global leader in blockchain security, is pleased to announce the launch of its novel service called Economic Exploit Analysis.

Key Points: 
  • SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Quantstamp , a global leader in blockchain security, is pleased to announce the launch of its novel service called Economic Exploit Analysis.
  • The Economic Exploit Analysis service is powered by research from the University of Toronto that Quantstamp advanced and turned into a production-level tool.
  • With the tool now fully developed, Quantstamp is unveiling a new service for DeFi clients called Economic Exploit Analysis, where the Quantstamp team uses the tool to detect flash loan attack vulnerabilities in a client's code.
  • Quantstamp believes that the Economic Exploit Analysis service will have a lasting impact on the DeFi ecosystem.

Notifi Integrates with Osmosis to Provide Real-Time Alerts for its DeFi Users

Retrieved on: 
Wednesday, August 23, 2023

As a premier DeFi hub and Layer 1 chain built on Cosmos, Osmosis boasts a total value locked (TVL) of over $120M.

Key Points: 
  • As a premier DeFi hub and Layer 1 chain built on Cosmos, Osmosis boasts a total value locked (TVL) of over $120M.
  • This integration empowers Osmosis users with real-time notifications and alerts via in-app, email and Telegram, keeping them informed about their pool positions and other account activities, enhancing their user experience.
  • Notifi continues to build white-label integrations with custom UI and alerts tailored to individual dApps, and recently introduced a new feature - anonymous in-app notifications and alert history.
  • "Notifi integrating with the Osmosis UX is a much needed puzzle piece for a seamless connection between Osmosis and its users."

TRON DAO Ventures Invests $2 Million in CRV and Curve to Launch on TRON and BTTC

Retrieved on: 
Tuesday, August 22, 2023

Geneva, Switzerland August 17, 2023 - TRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens.

Key Points: 
  • Geneva, Switzerland August 17, 2023 - TRON DAO Ventures, the investment arm of TRON DAO, has recently bought $2 million worth of CRV tokens.
  • As part of this strategic partnership, Curve will launch on both the TRON and the BTTC networks.
  • Following that, TRON DAO Ventures announced its investment in Curve, underscoring TRON's ecosystem support not only through collaboration but also through financial backing.
  • With the backing of TRON and BTTC, Curve anticipates a rapid rebound, and users are bound to witness a more vibrant DeFi ecosystem in the crypto industry.

API3 Delivers Next Generation Push Oracle Solution

Retrieved on: 
Wednesday, August 16, 2023

API3, a leader in delivering real-world data to the blockchain, announced the launch of managed dAPIs on the API3 Market today.

Key Points: 
  • API3, a leader in delivering real-world data to the blockchain, announced the launch of managed dAPIs on the API3 Market today.
  • To realize this vision, API3 set out to redesign push oracles around their own architecture, powered by the Airnode first-party oracle node.
  • An oracle node is a piece of middleware that is necessary to deliver data from its off-chain source onto the blockchain.
  • It’s this stagnant push oracle paradigm that we aim to disrupt by giving the DeFi dApps an oracle solution in managed dAPIs that provides verifiable transparency, superior decentralization and gas-efficiency without making any security compromises or charging extortive fees.

'My First MPC Wallet' is here: UXUY Launches Comprehensive Public Testing

Retrieved on: 
Sunday, August 13, 2023

The global public beta testing event for ' My First MPC Wallet ' will commence at midnight (UTC) on August 14th.

Key Points: 
  • The global public beta testing event for ' My First MPC Wallet ' will commence at midnight (UTC) on August 14th.
  • Users who successfully participate in the beta testing will receive UXUY credit gas quota, on-chain OAT commemorative badges, and a share of the 10,000 USDT prize pool.
  • During the global public beta testing event for 'My First MPC Wallet,' the first 10,000 participants will each enjoy a 100 USDT gas credit quota.
  • After the conclusion of the 'My First MPC Wallet' global beta testing event, the UXUY team will publicly announce the list of winners and distribute rewards to your UXUY account.

Binance Labs Commits 10 Million USD to Helio Protocol to Advance the LSDfi Revolution

Retrieved on: 
Friday, August 11, 2023

London, UK, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Binance Labs, the venture capital and incubation arm of Binance, has committed 10 Million USD to Helio Protocol , a project combining over-collateralized lending of its native decentralized stablecoin, HAY, with staking-as-a-service (StaaS) and LSDfi infrastructure, with approximately combined 300 million USD in TVL, of which 260 million USD is parked under staked assets.

Key Points: 
  • London, UK, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Binance Labs, the venture capital and incubation arm of Binance, has committed 10 Million USD to Helio Protocol , a project combining over-collateralized lending of its native decentralized stablecoin, HAY, with staking-as-a-service (StaaS) and LSDfi infrastructure, with approximately combined 300 million USD in TVL, of which 260 million USD is parked under staked assets.
  • This strategic funding round emphasizes Binance Labs' dedication to supporting innovative projects that are set to shape the next era of DeFi.
  • Yi He, Co-Founder of Binance and Head of Binance Labs, commented: “Binance Labs is committed to supporting DeFi projects and founders driving innovation for the future of the Web3 industry.
  • These initiatives will ensure that Helio and Synclub deliver a robust, secure, and diversified platform for the LSDfi community.

Fuse Network Celebrates 4 Years of Innovation & Growth with Exclusive Giveaways and Unmissable Events

Retrieved on: 
Wednesday, August 9, 2023

The Fuse ecosystem has welcomed over 100 Web3 projects, encompassing essential components such as DeFi infrastructure and NFTs.

Key Points: 
  • The Fuse ecosystem has welcomed over 100 Web3 projects, encompassing essential components such as DeFi infrastructure and NFTs.
  • Mainnet Launch: In 2019, Fuse Network successfully inaugurated its mainnet, a significant milestone propelling the platform's growth.
  • Entering its fifth year, Fuse Network is poised to continue its journey of innovation and growth, advancing financial inclusivity and the adoption of Web3 payments worldwide.
  • With a steadfast commitment to its values and a robust partner and supporter network, Fuse is primed to define the future of decentralized finance.

TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan's Analysis

Retrieved on: 
Tuesday, August 8, 2023

TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan's Analysis

Key Points: 
  • TRON and USDD Resilience Unveiled: Insights from Messari, Reflexivity, and JPMorgan's Analysis
    The issuer is solely responsible for the content of this announcement.
  • In-depth reports on the performance of TRON and USDD in 2023, published by renowned blockchain analytics firms Messari and Reflexivity have recently been published.
  • TRON employs a Delegated-Proof-of-Stake (DPoS) mechanism, with block validation being performed by a group of validators known as Super Representatives (SRs).
  • Reflexivity’s report on USDD demonstrates the stablecoin's resilience and adaptability during a tumultuous first half of the year.

TRON Receives Support from Huawei Web 3.0 Node Engine Service

Retrieved on: 
Tuesday, August 8, 2023

Geneva, Switzerland August 7, 2023 - On July 30, Huawei Web 3.0 Node Engine Service (NES) went live, with its earliest support extended to two blockchain’s , Ethereum and TRON.

Key Points: 
  • Geneva, Switzerland August 7, 2023 - On July 30, Huawei Web 3.0 Node Engine Service (NES) went live, with its earliest support extended to two blockchain’s , Ethereum and TRON.
  • To be enlisted among the first networks supported by Huawei Web 3.0 Node Engine Service (NES) will not only enhance TRON's global clout and technical prowess, but also catalyze its global expansion.
  • According to Huawei, Web 3.0 NES is a node engine platform developed by Huawei Cloud, which connects developers to mainstream blockchains, including TRON and Ethereum.
  • NES spares its users the hassle of node operation and maintenance, allowing for rapid node configuration on TRON.

HashKey Capital Forecasts Liquid Staking Derivatives Will Become Most Dominant Segment In DeFi

Retrieved on: 
Thursday, August 3, 2023

Singapore - HashKey Capital , one of the largest and most prominent crypto funds based in Asia, has published the results of its annual report on DeFi’s Liquid Staking Derivatives market.

Key Points: 
  • Singapore - HashKey Capital , one of the largest and most prominent crypto funds based in Asia, has published the results of its annual report on DeFi’s Liquid Staking Derivatives market.
  • Ethereum’s Shanghai Upgrade was the biggest change to DeFi’s most dominant network since it underwent the Merge in 2022, moving to a proof-of-stake consensus mechanism.
  • At the same time, HashKey found that the average monthly staking inflow for ETH more than quadrupled in value since Shanghai was launched.
  • Eventually, it will flip decentralized exchanges in terms of TVL and grow to become the most dominant sector of DeFI, HashKey believes.