Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.
DeFi
Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year.
Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.
DeFi Lender MarginFi Fuels Growth With Loyalty Points, Spurring Talk of ‘Solana Renaissance’
MarginFi has doubled its user base in two weeks after unveiling a loyalty points program that some believe will lead to a token airdrop.
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk.
Exploit of Fantom, Moonriver and Dogechain Crypto Bridges Confirmed by Multichain Team
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday.
Poly Network Attacker Issues ‘Worthless’ Billions in SHIB, BNB, BUSD in Latest Crypto Hack
An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions.
Decentralized Exchange PancakeSwap Goes Live on Polygon zkEVM Blockchain
This will be the popular DEX’s fourth blockchain after Ethereum, Aptos and BNB Chain.
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.