*💰 *Metaplex & Mutant Labs Launch DeFi Framework on SolanaMetaplex Foundation has introduced MPL-404, a framework and on-chain protocol focused on hybrid decentralized finance (DeFi). This initiative establishes “SPL-404 ” created by Mutant Labs within the Metaplex Program Library. The collaboration improves the integration of tradeable and non-tradeable commodities within the Solana ecosystem.

Source

@DeFi_ICO_Invest

*🔥*🏆**Daily Gainers List 🔥

@DeFi_ICO_Invest

*🪙 *Uniswap Foundation delays vote for token staking and delegation rewards, UNI falls 8.7%The Uniswap Foundation, the organization overseeing the decentralized exchange Uniswap, delayed the vote for staking and delegation rewards slated for Friday. The postponement was due to a "stakeholder" discussing concerns with the Foundation that prompted more attention. UNI's price fell following the announcement.

Source

@DeFi_ICO_Invest

🪙 Uniswap gets $5.5bn bump from Ethereum ETF approval
Trading volume on decentralised exchanges surged to $11.2 billion on Thursday, the day the Securities and Exchange Commission approved a set of filings for spot Ethereum exchange-traded funds. Uniswap, the largest decentralised exchange, or DEX, especially benefited from the increase, generating $5.5 billion in trading volume on Thursday alone, with Ether accounting for nearly $3 billion of that volume.

Source

@DeFi_ICO_Invest

We're thrilled to announce our $10M seed round led by Haun Ventures, Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others.

Plume is the first RWA chain for crypto natives, with over 80+ projects on our network. From collectibles to real estate, we make it easy to tokenize and transact any asset on-chain.

Check the official announcement for more details as we have more announcements down the line about our incentivized testnet! 👀

https://x.com/plumenetwork/status/1793678320913252838

X (formerly Twitter)

Plume Network (@plumenetwork) on X

Attention all Plume Goons***🫡*** We're super excited to announce our $10M seed round led by @HaunVentures, with support from @galaxyhq, @Superscrypt, @SeliniCapital, @recvcx, @PortalVentures, @svangel, a\_capital, and more! ***🧵***

*🔥*🏆**Daily Gainers List 🔥

@DeFi_ICO_Invest

🆘 Solana DeFi Platform Pump.fun Suffers $2M ExploitPump.fun, a platform based on Solana, reported a loss of approximately $2M due to a flash loan attack. The hacker exploited Pump.fun’s bonding curve contracts by leveraging flash loans that allow borrowing large sums of money without collateral, as long as one pays within a single transaction. A crucial factor in the exploit was the apparent compromise of the private key associated with Pump.fun’s service account, 5PXxuZ.

Source

@DeFi_ICO_Invest

🪙 PancakeSwap offers to pay off interface fees for Uniswap usersDecentralized exchange PancakeSwap plans to pay for up to $8 million in fees traders have incurred on competitor Uniswap. Crypto traders who match their Uniswap v3 volume 1:1 on PancakeSwap v3 between May 16 and Aug. 15 will receive a full refund of their Uniswap interface fees. The reimbursement campaign comes shortly after Uniswap Labs hiked its interface fee from .15% to .25% for most swaps in April.

Source

@DeFi_ICO_Invest

🆘 Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to HackersSonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15.

Source

@DeFi_ICO_Invest

🪙 Uniswap frontend is feeling the pressure since fee hikeUniswap Labs increased the fee to swap on its interface from 0.15% to 0.25%. The fee applies to most, but not all, swaps that are executed using the Uniswap web interface and wallet. Traders can use aggregators, alternate UIs, or go directly through the smart contract to make swaps. When the fee was first introduced in October 2023, Uniswap founder Hayden Adams said it would allow his team to “continue to research, develop, build, ship, improve, and expand crypto and DeFi.”.

Source

@DeFi_ICO_Invest