Tagged: liquidity pools

Curve Finance Vyper Code Vulnerability Leads to Major Hack Impacting Liquidity Pools: Chainalysis Report

On July 30, 2023, several liquidity pools on Curve Finance were exploited, resulting in approximately $70 million in losses and triggering panic within the DeFi ecosystem, the team at Chainalysis noted. In a blog post, Chainalysis also mentioned that these hacks occurred due to “a… Read More

Blockchain Infrastructure Provider Roxe Introduces DeFi Liquidity Pools to Provide B2B FX Rates

Roxe, a blockchain infrastructure company that is powering the next generation of payments and digital commerce solutions, announced the launch of its Roxe Payment Protocol (RPP) USD/EUR, USD/GBP and USD/PHP (Philippine peso) liquidity pools, which is reportedly one of the first set of DeFi liquidity… Read More

izumi Finance Acquires $2.1M to Enhance Liquidity Mining with Uniswap V3 LP Tokens

izumi Finance, a protocol that’s focused on providing liquidity as a service through Uniswap Ver 3.0, has raised $2.1M in funding from established decentralized finance (DeFi) industry investors. Izumi’s round has was led by Mirana Ventures and includes participation from Everest Ventures Group, Youbi Capital,… Read More

DODO, the Decentralized Exchange Platform Supported by Proactive Market Maker Algo, Introduces Stable Token

DODO, the decentralized or non-custodial exchange platform that’s being powered by the Proactive Market Maker (PMM) algorithm, has introduced the Stable DODO token. The new stable token, worth “exactly $1 USD,” has been developed to serve as a new base asset for the DODO community… Read More

Umbrella Network to Provide Real-World Asset Data to IX Swap Liquidity Pools, AMMs

Umbrella Network, the decentralized Layer-2 Oracle solution, revealed on Wednesday (September 15, 2021) that they had formed a partnership with IX Swap, which claims to be the first decentralized finance or DeFi platform that provides Automated Market Making (AMM) & Liquidity Pools (LPs) for security… Read More

Fernando Martinelli: Balancer Co-Founder Says DeFi Is Going to Be the Rails of Every Financial Application in Next 10-20 Years

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

DeFi Protocol Balancer, an Automated Portfolio Manager and Digital Asset Liquidity Provider, Launches Version 2.0

Balancer Version 2.0, the “most flexible” and efficient automated market maker (AMM) is now live. Balancer Labs, which aims to become the “primary source” of DeFi liquidity by offering the “most flexible” and simple platform for asset management, has announced many new updates. As previously… Read More

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