DeFi

Bluesky, an initiative by Jack Dorsey, has announced a decentralized protocol that aims to limit corporate and governmental influence.

The proposal is live and will end on October 20. So far, 100% of voters have voted in favor.

Hivemind Capital deployed 80 million ALGO tokens into various DeFi and governance programs across Algorand ecosystem.

The hacker returned $67M to the platform but kept $47M as a bounty reward, saying his actions were legal.

Head Chef offered counterarguments to every scam allegation, he also denied having engaged in sexual relations with a horse.

Binance Pool dedicated to improving the income of miners has announced the launch of a $500 million lending project.

The latest Series B funding round, led by Paradigm, puts Uniswap’s value at $1.66 billion, the company said.

Popular cryptocurrency exchange, Crypto.com, has announced plans to support its market operations in France through a €150 million investment.

The Prysmatic Labs team – responsible for architecting the Merge – will continue developing Prysm and initiatives like EIP-4844 data-sharding.

The TempleDAO attacker stole about $2.34M. The Mango Markets exploiter pocketed over $100M.

European Parliament voted in favor of MiCA legislation, European Commission released a pilot project to gather DeFi data in real-time.

Binance co-founder and CEO Zhangpeng Zhao (CZ) has recently put his own thoughts on centralization vs. decentralization.

The lending protocol said that despite efforts to restructure the loan, Blockwater failed to make a scheduled payment on time.

Polygon has launched Polygon Zero Knowledge Ethereum Virtual machine (zkEVM), the first Ethereum-equivalent scaling solution.

Another Web3 executive to leave their position during the ongoing bear market.

The governing body behind the protocol will invest $400 million in US treasuries and $100 million in corporate bonds.

The governance token went from $1.10 to $1.31 but is still down 95% from its all-time high.

Sovryn, a project that aims to bring decentralized finance to the Bitcoin network, suffered a major exploit on October 5th.

DeFi protocols get attention from institutional investors.

Reportedly, over 300 NFTs were transferred to a Gnosis Safe wallet.