OpenSea Buys Dharma Labs And A New CTO
On January 18, OpenSea announced that it had purchased Dharma Labs, a crypto lending platform and digital wallet, for an undisclosed amount. Based on their official statement, Dharma Labs would ...
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Tag: decentralized finance
Rari Capital Uses $26M Of Developer Fund To Pay Hack Victims
After a $10 million exploit over the weekend, decentralized finance (DeFi) protocol Rari Capital is now formulating a plan to compensate victims. Based on an official postmortem of the attack ...
Universal Market Access (UMA), What Is It?
Universal Market Access (UMA) protocol is described as an open-source infrastructure that enables decentralized finance (DeFi) developers to set up and develop their synthetic tokens and derivatives within the Ethereum ...
Hong Kong-Based Genesis Block Acquires OMG Network
The latest reports reveal that the second-layer Ethereum scaling solution OMG Network has been purchased by Hong Kong-based OTC trading firm, Genesis Block. Genesis Block Ventures revealed its plans to ...
What Is Pickle Finance?
The DeFi (decentralized finance) ecosystem has increasingly evolved over a short time. Experts have spent long hours cracking their brains to set up new protocols that would either reduce or ...