News with the tag "decentralized finance"

The Polygon network experienced a brief outage due to a validator exit affecting its Heimdall layer, but demonstrated resilience and quick recovery, reinforcing its reliability and commitment to continuous improvement.

Hyperliquid, a decentralized perpetual futures exchange, experienced an API server outage due to a traffic surge, and responded with a swift resolution and a commitment to refund affected users, setting a standard for trust and accountability in DeFi.

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The SuperRare NFT marketplace suffered a $731,000 exploit due to a basic bug in its staking contract, highlighting the importance of robust smart contract security practices and pre-deployment testing.

Rhea Finance (RHEA) is set to debut on Binance Alpha on July 30, offering early access to an innovative DeFi project with potential benefits like enhanced visibility, liquidity, and community growth.

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The GMX Community Vote is a crucial decision for reimbursing liquidity providers affected by a $42 million exploit, offering two options: reimbursement in GLV tokens with a bonus or in stablecoins, highlighting decentralized governance in DeFi.

World Liberty Financial (WLFI) and Vaulta have formed a partnership to integrate WLFI's USD1 stablecoin with Vaulta's Web3 banking technology, aiming to advance Web3 banking in the U.S. market.

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