ChainCatcher message, the yield protocol MonoSwap on Blast has reported a hack. Please do not add liquidity or stake in its mining pool at this time. If users have staked positions, please withdraw immediately to avoid loss of funds. The team is currently investigating the attack.

ChainCatcher news, according to official sources, the on-chain yield protocol Doubler, based on the Martingale strategy, has joined the Manta Network ecosystem and has launched a new round of Liquidity Airdrop. Users participating in Doubler through the Manta Pacific network can receive up to 10% of the total token supply as DBR airdrop.Doubler provides users with a low-threshold on-chain Martingale trading strategy, where users only need to deposit ETH. The Martingale strategy will attract new users to add positions when prices drop, lowering the average holding price for all users, and generating profits when prices rebound.

ChainCatcher news, according to Cointelegraph, hackers successfully stole funds by exploiting the smart contracts of the now-defunct decentralized finance (DeFi) lending protocol Yield Protocol.Yield Protocol shut down in December 2023, citing difficulties in meeting business demands and global regulatory pressures. After the shutdown, Yield Protocol repeatedly advised investors to close their positions, withdraw funds, and repay outstanding loans. Despite the warnings, an unknown hacker still stole approximately $181,000 worth of crypto assets from Yield's strategic contracts on the Arbitrum blockchain. The hacking incident was first announced by blockchain investigation firm PeckShield and later confirmed by CertiK.Following an investigation, CertiK found: "The attacker exploited the discrepancy between the mining pool token balance and the total supply of flash loan assets, then withdrew additional mining pool tokens." Official support for Yield Protocol ended on February 2, and attempts to recover the stolen funds from the hacker seem unlikely.

ChainCatcher news, the multi-chain yield protocol Magpie announces integration with the Ethereum restaking protocol EigenLayer, and the establishment of the SubDAO organization Eigenpie.It is reported that Eigenpie will provide restaking services through the EigenLayer framework, with the mainnet set to launch after an audit. In addition, Eigenpie will also introduce the governance and revenue-sharing token EGP.

ChainCatcher news, the decentralized fixed-rate lending protocol Yield Protocol has announced that it will cease operations, with insufficient demand and an uncertain regulatory environment being the key driving factors behind the decision to stop operations. The platform peaked in April 2022, attracting over $22 million in TVL, while the current TVL is just over $2 million. According to RootData, Yield Protocol completed a $10 million funding round in June 2021, with participation from Paradigm, Framework Ventures, CMS, and Robot Ventures.

ChainCatcher news, the decentralized stablecoin yield protocol Zunami Protocol has completed its angel round financing, with participants including Cream Finance and individual investors such as Curve founder Michael Egorov, Mr. Block, Convex members on Twitter named C2tP and Winthorpe, a Twitter user named Hubirb, as well as other Stake DAO contributors and AladdinDAO core contributor pauls.It is reported that this round of financing will be used for the development and auditing of Zunami V2, which is planned to be launched in November.ChainCatcher previously reported that Zunami Protocol was attacked in August, resulting in a loss of $2.2 million.

ChainCatcher news, according to CoinDesk, the developers of the DeFi yield protocol Pendle Finance stated that Pendle Finance will use MakerDao's boosted Savings (sDAI) and Flux Finance's stablecoin fUSDC to develop its first tokenized product based on real-world assets (RWA).Pendle co-founder and CEO TN Lee said, "RWA has entered the DeFi space, and Pendle is able to provide traditional financial tools such as interest rate derivatives, swaps, and fixed income to help users manage yields."Yesterday's news, Binance Labs announced an investment in Pendle Finance.

ChainCatcher news, according to official sources, Binance Labs announced an investment in the DeFi yield protocol Pendle Finance. The funds will be used to expand Project Fylde's reach across various blockchain ecosystems, providing retail and institutional users with opportunities to earn DeFi yields.

ChainCatcher news, the liquidity yield protocol based on BNB Chain Helio Protocol announced a strategic merger with staking infrastructure provider Synclub. The two parties will establish a new foundation by the end of the year, responsible for overseeing the revenue and operations of both projects. If a governance token is launched, it will serve as the governance entity for the two projects under the foundation.It is reported that this merger aims to position Helio Protocol at the forefront of LST and stablecoin innovation, with upcoming plans including various LST collateral options, enabling HAY to be accessible across multiple blockchains, and introducing innovative use cases for HAY and SnBNB.

ChainCatcher news, according to PeckShieldAlert monitoring, the leveraged yield protocol Rodeo Finance on Arbitrum is suspected to have been attacked, with current estimated losses of about $180,000. (source link)

ChainCatcher news, according to CoinDesk, the DeFi yield protocol Pendle Finance, based on Ethereum and Arbitrum, will expand to BNB Chain.Pendle developer RightSide stated that Pendle's goal is to establish a liquidity foundation for LSDs so that other LSD and LSDFi protocols can join and build new products on this foundation. (Source link)

ChainCatcher news, DeFi yield protocol Affine Protocol has completed a $5.1 million financing round, led by Jump Crypto and Hack VC, with participation from Circle Ventures and Coinbase Ventures.It is reported that Affine aims to address the issue of impermanent loss in liquidity provision, with its flagship basket of dollar yields providing automated diversification and yield through liquidity management strategies. (Source link)

According to ChainCatcher news, the DeFi yield protocol Timeless Finance has opened the airdrop claim page. Early Timeless and Bunni users, as well as eligible Uniswap v3 liquidity providers, will be eligible to claim a total of 10 million protocol tokens LIT. (source link)