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Multichain ordered to compensate Fantom Foundation $2.18M

The High Court of Singapore has ordered that the Multichain Foundation, a prominent cross-chain router protocol, compensate the Fantom Foundation, a leading layer-1 platform, with $2.18 million. This ruling follows a devastating Multichain hack in July 2023 that resulted in the loss of over $210 million in assets across various chains. The Multichain hack impacted […] дальше »

2024-7-10 12:48


Chef Nomi’s Controversial Exit Shakes SushiSwap Community

On September 5, 2020, Chef Nomi, the pseudonymous creator of SushiSwap, shocked the community by removing his significant share of SUSHI/ETH liquidity and converting it to ETH.  The action, commonly referred to as a “rug pull,” resulted in Chef Nomi gaining approximately $14 million worth of ETH – leaving the SushiSwap community disappointed and feeling […] The post Chef Nomi’s Controversial Exit Shakes SushiSwap Community appeared first on DeFi Rate. дальше »

2024-8-7 19:27


Compound Finance Closes $25 Million Series A Led By a16z

DeFi lending platform Compound raised $25 million in Series A funding on November 15, 2019, led by Andreessen Horowitz – one of the largest ever DeFi startup raises at the time. Andreessen Horowitz, also known as a16z, highlighted that they had been working with the Compound team for two years and had a strong belief […] The post Compound Finance Closes $25 Million Series A Led By a16z appeared first on DeFi Rate. дальше »

2024-8-7 04:55


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BlockDAG Targets $5 Million Daily in Presale Earnings; Uniswap Expands While BNB Chain Boosts Liquidity

The finance landscape is being transformed by blockchain technology, as seen with Uniswap’s recent expansion into the Zora Network, which has reduced costs and swifter transactions for users. Additionally, the BNB Chain has created a large $900,000 liquidity pool to underpin the meme coin community, aiding its expansion and resilience. дальше »

2024-7-6 16:30