Rhino.fi will soon integrate with zk Sync 2.0, the first fully-compatible EVM ZK rollup to go live on Ethereum mainnet. Here’s what this means for you, us, and DeFi. In 2020 we partnered with StarkWare to launch a scalable exchange instance of StarkEx. This made rhino.fi (then known as DeversiFi) one of the first-ever scaling […]
rhino.fi integrates with zkSync Read More »
The Tornado Cash sanctions are a warning shot to the entire DeFi community. If you’ve been following the news, you’ll know that Tornado Cash, a privacy tool that enables you to shield your transaction history, is the first-ever smart contract to be sanctioned by the U.S. Treasury. This means you can now go to jail
Tornado Cash sanctions show we can’t trust CeFi Read More »
Blockchain bridges (also known as cross-chain bridges) enable data and value to flow freely between blockchains, and thus play an integral role in the multi-chain universe. However they’ve received fierce criticism over the past few months, following a string of damaging hacks. On August 2nd, just a few days before this article was written, hackers
How Do Blockchain Bridges Really Work? And Can You Trust Them? Read More »
It’s easy to think we’re in unprecedented times. The collapse of Terra’s UST stablecoin has created the biggest controversy ever seen in crypto. Sixty billion dollars have been wiped off the market — the same amount swindled by Bernie Madoff in his Ponzi scheme of the late-noughties. Not only that, but we’ve seen the collapse
This is a Noah’s Ark moment for DeFI Read More »
The UST collapse has made everyone in crypto press pause. Since the $18 billion stablecoin depegged, we’ve all thought about how we can rebuild DeFi for the better, and provide a stronger backstop the next time a Black Swan ripples our waters. At DeversiFi, we invited our users to pursue a yield opportunity based on
aUST crash: Don’t give up on DeFi Read More »
As you may have seen over the last few days, the stablecoin UST has depegged multiple times, meaning that the asset has fluctuated from its ‘stable’ value of $1 down to lows of $0.22. Never before have we seen a $60bn ecosystem collapse so quickly. The de-peg will likely have far-reaching consequences even when, or
An update on aUST and your investment on DeversiFi Read More »
Lessons from DeversiFi as one of the first layer-2 protocols on Ethereum and a look at the mission ahead… Summary: $300m traded on DeversiFi in its first year 4200 happy early adopters $5m raised from the best industry investors and supporters DVF token soon to launch to transition DeversiFi to community governed protocol DeversiFi’s mission:
1 year helping DeFi scale Read More »
