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Tomorrow, First. News and intelligence for the agentic economy

Lens

DeFi – Decentralized Finance

  • DeFi News

    Bug bites DeFi protocol Compound again

    Technical woes continue to beset decentralized finance (DeFi) protocol Compound this week as a hack resulted in 202,472 COMP, or US$68 million at the time, being transferred from its reservoir to its Comptroller where the funds remain vulnerable to being drained by subsequent transactions. Fast facts Yearn.Finance developer Banteg tweeted about the hack late Sunday […]

    Lachlan Keller

  • Regulation

    Following crypto ban, digital wallet imToken restricts some access for China users

    Decentralized wallet imToken is restricting access to some of the services it offers for users in China, in the wake of the latest ban imposed by top Chinese authorities last Friday. Fast facts The company has restricted users in China from accessing and using third-party financial applications, including those from decentralized crypto exchanges, stake mining […]

    Timmy Shen

  • Metaverse Platforms

    Why DeFi holds the key to metaverse success

    A profound shift is underway in online culture, writes Anndy Lian of BigOne Exchange. Here's how decentralized finance might one day power the NFT and metaverse economy.

    Anndy Lian

  • DeFi News

    Crypto platform Cobo raises $40M to expand one-stop DeFi shop for institutions

    Cobo, a Singapore-based crypto custody and asset management platform, today announced the completion of its US$40 million Series B fundraise to accelerate the rollout of its decentralized finance (DeFi) as a service (DaaS) product. Fast facts In an interview, Cobo Chief Operating Officer Lily Zhuo told Forkast.News that Cobo’s DeFi as a service (DaaS) product, […]

    Michelle Lim

  • Altcoins

    Avalanche’s AVAX token surges to all-time high after $230M fundraise

    AVAX — the native token of the Avalanche blockchain — today surged to a new all-time high of US$68.34, according to CoinGecko data, boosted by news of a US$230 million investment into the Avalanche ecosystem. AVAX has increased by 60% over the past seven days. Fast facts Launched in September 2020, Avalanche is an open, […]

    Michelle Lim