Reliable lending protocols are the spine of DeFi. Many customers depend on them to deposit vital quantities of capital, enabling borrowing, lending, and participation in quite a lot of decentralized finance methods. Venus Protocol, one of many main multichain lending platforms with greater than $2.6 billion in TVL, lately demonstrated each its resilience and powerful…
Decentralized finance protocol Bunni suffered an $8.4 million exploit on September 2, after a classy attacker leveraged a flash mortgage to control liquidity swimming pools on each Ethereum and Unichain. The incident, which focused the weETH/ETH and USDC/USDT swimming pools, has been attributed to a flaw in Bunni’s good contract logic involving rounding errors. Bunni…
The South Korea Financial Services Commission (FSC) has applied complete pointers capping crypto lending curiosity at 20% yearly whereas fully banning leverage companies that exceed collateral worth. According to a local report, the brand new self-regulatory framework takes impact instantly following considerations over investor harm from overheated exchange competition. The Financial Services Commission introduced the…
A new “WEB3” token presale has come under heavy scrutiny after blockchain investigator ZachXBT warned that the project may be tied to individuals behind some of the most notorious scams in the NFT space, including the failed Squiggles collection and alleged scammer “Raichu.” The project, called WEB3, announced its token presale this week through its…
After more than two decades scaling exchange-traded funds (ETFs) and capital markets businesses at Goldman Sachs, Invesco, and BlackRock, Jürgen Blumberg has joined Centrifuge as chief operating officer. Centrifuge is a DeFi platform for tokenizing real-world assets (RWAs) and using them as collateral in decentralized lending. Blumberg believes the decentralized finance sector is now experiencing…
In a press release shared with CryptoPotato, Incentiv, a Layer 1 (L1) EVM-compatible blockchain, has shared results from the ongoing testnet, along with a robust economic model that rewards network participants in proportion to their participation. Community-Focused Their consensus model is a contribution-scored Proof of Work (PoW), rewarding on-chain activity rather than mere capital inflow. Over 1.2…
Core Ventures, a Bitcoin-driven venture fund has launched a new accelerator program, BTC-FI – an accelerator designed to spur innovation at the intersection of Bitcoin and decentralised finance (DeFi). This 14-week remote accelerator offers up to $100k in funding, hands-on mentorship, and access to a vast industry network to help founders scale from Day 1….
Focused on privacy and security, DJED will be molded into a multi-chain asset, providing the foundation for both open and private finance. Open-Source Features Announced at the Rare Evo blockchain conference and shared to CryptoPotato via a news release, COTI, the EVM-compatible, privacy-focused Layer 1 (L1), unveiled the next step in DJED’s development. Recall that the…
The alliance of two relatively recent entrants into the crypto space enables them to tap into the steadily developing real-world asset market. A Vision Of Growth In a press release shared with CryptoPotato, Pharos Network, a Layer-1 (L1) blockchain focused on real-world asset finance (RWAfi), has joined forces with Morpho, a lending network with over $9…
August 6, 2025 — In a significant step toward democratizing access to decentralized finance, SafeBlock has officially integrated Venus Protocol into its self-custodial wallet platform, enabling users to stake crypto and earn yield directly within the app. This integration allows SafeBlock users easy access to crypto swaps and staking within a single app, supporting multiple…