DeFi

DeFi
dYdX To Deploy Own Blockchain On Cosmos
Derivatives Exchange dYdX Plans To Move Away From Ethereum And Develop Its Own Cosmos-based Blockchain For Its V4 Iteration.

DeFi
Babel Finance Struggles to Find its Footing After Suspending Withdrawals
Focus Turns to a Lending Pool on Maple Finance with $10M Loan

DeFi
Uniswap Buys Marketplace Genie to Integrate NFT Trading Into its DEX
Uniswap Labs is planning to integrate NFTs into the largest decentralized exchange via the acquisition of Genie, an NFT marketplace aggregator, according to a post on the company’s website.

DeFi
Bancor Suspends Impermanent Loss Protection in ‘Hostile Market’
One of the First DeFi Platforms Takes Fire from DeFi Community

DeFi
Uniswap Tops Ethereum in Terms of Daily Fees
With $4.3M in fees generated in the past 24 hours, Uniswap has surpassed its home network, Ethereum, as of June 20.

DeFi
MakerDAO Token Holders Vote to Add Rocket Pool’s rETH as Collateral to Back DAI
MakerDAO, the largest DeFi lender by total value locked, could soon allow another Ether derivative as collateral on its network.

DeFi
Lido Proposes ‘Dual-Governance’ Scheme to Quell Ethereum Centralization Fears
If successful, it would prevent validators from amassing undue power, and give stETH holders veto powers over proposed changes to the protocol.

DeFi
Two Traders Targeting 3Pool Poleaxed Terra: Report
Chainalysis Finds 150M UST Withdrawal from Curve Pool Triggered Chain Reaction

DeFi
MakerDAO Votes to Freeze Aave’s Direct Borrowing of DAI
MakerDAO Errs on Side of Caution as Credit Risks Mount






