Author: Andrey Shevchenko

DeFi devs may save months of work with OpenZeppelin’s operations platform

CoinTelegraph

OpenZeppelin, a blockchain software company known for developing one of the most used implementations of the Ethereum ERC-20 contract, announced on Tuesday the release of a developer suite called Defender. The tool helps automate many of the development operations associated Read More

Waves sets up $3M grant fund to promote cross-chain interoperability

CoinTelegraph

The Waves Association announced on Wednesday a new grant program for cross-chain interoperability development. The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES Read More

Bitcoin’s Taproot is ready to go, but it’s unlikely to be included in the next release

CoinTelegraph

The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready. Taproot and the associated technology of Schnorr signatures are considered to be the most important upgrade for Read More

Aztec launches private smart contracts as Ethereum rollup

CoinTelegraph

Aztec, a privacy protocol developing on Ethereum, announced on Monday the launch of its second iteration, promising private transactions and smart contracts while being cheaper than standard transfers. The layer two solution adopted by Aztec relies on zkRollups, similar to Read More

Crypto Singapore dollar aims to diversify landscape dominated by USD

CoinTelegraph

Singapore-based payments company Xfers announced on Monday the official release of its XSGD stablecoin, pegged to the Singapore dollar. The stablecoin would be one of the first SGD-denominated tokens, giving Singapore businesses and individuals a way to transact with crypto Read More

Russian ‘ex-oligarch’ reportedly backing a new DeFi project

CoinTelegraph

Russian businessman and self-styled “ex-oligarch” Aleksandr Lebedev is backing a new decentralized finance project that aims to compete across a broad spectrum of financial products. As reported by Russian financial publication RBC, Lebedev is providing the initial funding for a Read More

Framework’s Michael Anderson: ‘Ethereum is where DeFi will continue to be’

CoinTelegraph

Following the collapse of initial coin offerings, venture capital became the primary funding source for cryptocurrency projects. A slew of crypto-native funds opened their doors, one of them being Framework Ventures, a fund primarily investing in decentralized finance that was Read More

Dev finds major governance bug in SushiSwap, but no threat to the project yet

CoinTelegraph

SushiSwap appears to be vulnerable from a sneaky bug that could multiply someone’s governance power without having to acquire new tokens. Reported by developer Jong Seok Park on Sept. 7, the bug can be described as a governance double-spend. In Read More

Uniswap and automated market makers, explained

CoinTelegraph

Bugs, improper pricing and impermanent loss Despite some positive qualities, AMMs present certain risks and limitations. Hacks and vulnerabilities have already affected exchanges such as Uniswap and Balancer, where some liquidity providers saw their money stolen due to complex smart Read More

MyEtherWallet Latest to Enter DeFi Arena With Integration on Aave and Ren

CoinTelegraph

MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect. On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology.  MEWconnect Read More

EOS DeFi Project Sets Up Shop on Polkadot

CoinTelegraph

An EOS-based decentralized finance project, Equilibrium, has announced its plans to develop a new interoperable protocol on the Polkadot (DOT) blockchain. The project is set to develop an independent parachain connected with Polkadot, featuring an independent utility token called EQ. Read More

Yield Farming Fuels Buzz Around DeFi, but Fundamentals Are Lagging

CoinTelegraph

The hype surrounding decentralized finance is sometimes credited with triggering a wider market rally in July, as new protocols began releasing tokens that were immediately posting gains of many times their initial value. Despite undeniable price growth, however, it is Read More