Polkadot’s Kylix Finance Launches DeFi Lending Parachain with DAO Governance and Collateral Liquidation

Polkadot’s Kylix Finance Launches DeFi Lending Parachain with DAO Governance and Collateral Liquidation   crypto-news-flash.com 08 August 2024 19:59, UTC Polkadot has welcomed the launch of DeFi’s lending parachain, Kylix Finance, which offers On-chain collateral liquidation, DAO governance, and cross-chain capabilities. Kylix Finance is still in its initial stages, with plans for full deployment in…

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LiFi integrates with Solana to enhance dApp cross-chain interactions

LiFi integrates with Solana to enhance dApp cross-chain interactions   cryptoslate.com 07 August 2024 13:54, UTC DeFi protocol Li.Fi has announced its expansion into the Solana ecosystem, aiming to enhance user experience across decentralized applications (dApps) by facilitating cross-chain interactions, according to an Aug. 7 statement shared with CryptoSlate. Phillip Zentner, the CEO and Founder…

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Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN

Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN   coindesk.com 07 August 2024 12:05, UTC Synthetix’s former treasurer claimed they “had nothing left” after being liquidated as crypto markets plunged over the weekend. The company’s founder unlocked $6.5 million from the derivatives liquidity protocol’s treasury and sent $86,000 to…

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