Bitcoin News / Bitcoinist - 2 years ago
2022 is a rough year for the DeFi ecosystem as hackers continue exploiting the community. From the beginning of the year till now, news of DeFi protocol exploits keeps flooding the crypto industry. So the question is: why do hackers keep targeting de...
Cryptocoins News / The Cointelegraph - 2 years ago
Tokenomics aimed at financing worthless models, rampant hacks, and a lack of real-world utility have played a role in the beleaguered crypto market's decline. Decentra...
Bitcoin News / Bitcoin.com - 2 years ago
According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack published by Certik explains that the attacker manipu...
Bitcoin News / Bitcoinist - 2 years ago
Mango Markets, a decentralized trading platform on the Solana blockchain, has become “ripe for harvest” when it fell victim to hackers who stole more than $100 million from the platform, Fortune reported Wednesday.
The hack looked to be t...
More / Etherum Reddit - 2 years ago
DeFi always comes off as “complicated” and “hard to learn” but the reality is it’s not nearly as hard of a concept as traditional finance is. In fact, I’d argue that it’s much simpler. However, we never really needed to understand how finance works i...
Cryptocoins News / CoinJournal - 2 years ago
Mango Markets is the latest decentralised financial (DeFi) platform to come under attack.
Mango, a decentralised finance platform hosted on the Solana blockchain, announced a few hours ago that it had suffered an exploit.&
The development team r...
Cryptocoins News / The Cointelegraph - 2 years ago
Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata....
Cryptocoins News / The Cointelegraph - 2 years ago
Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata....
Cryptocoins News / The Cointelegraph - 2 years ago
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated the price data of its native token to take out loans against their holdings....
Bitcoin News / Bitcoin.com - 2 years ago
The blockchain project Polygon has announced the launch of the zkEVM public testnet, a layer two (L2) scaling solution announced in July that aims to reduce fees and inherit the security of the Ethereum blockchain. Polygon considers the testnet &...
Cryptocoins News / CoinJournal - 2 years ago
Decentralized Finance (DeFi) has had a tough performance in 2022 as the total value locked (TVL) has crashed from over $180 billion to about $54 billion. Similarly, DeFi tokens like Uniswap, Maker, Spell Token, and SushiSwap have crashed. Here are th...
Bitcoin News / Google News Bitcoin - 2 years ago
CryptoSlate Wrapped Daily: EU readying regulations on DeFi; Bitcoin mining difficulty reaches new ATH& & CryptoSlate
Cryptocoins News / The Cointelegraph - 2 years ago
The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections. According to a rece...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
A public call for tender was launched by the EU Commission last week.The call is for a study geared toward developing automated monitoring systems and compliance oversight for decentralized finance.DeFi operations in the Ethereum ecosys...
Cryptocoins News / CoinJournal - 2 years ago
Singapore, Singapore, 10th October, 2022, Chainwire
Cake DeFi, the leading, fastest-growing Singapore-based fintech firm providing easy access to Decentralised Finance (DeFi), has today announced a another market-leading partnership with Razer Silver...
Cryptocoins News / Blockchain - 2 years ago
Arch Finance, a DeFi startup, has acquired $5 million in funding from a seed round, aiming at becoming the "BlackRock of web3." (Read More)
Cryptocoins News / EthereumWorldNews - 2 years ago
The DeFi economist at Consensys, David Shuttleworth, is bullish on Ethereum& In an interview with Kitco, Shuttleworth noted how Ethereum processes far more transactions than Visa.
In his latest interview with Kitco, the leading DeFi economist...
More / Etherum Reddit - 2 years ago
when it comes to crypto regs, D.C. types have mastered the art of trying to ban the creation/deployment of certain types of software with regs/laws that talk about the software as if it is a person and must 'register' and comply with rules U...
More / Etherum Reddit - 2 years ago
Sure, for now, we still need centralized exchanges for on-ramping and off-ramping. But that doesn’t justify why CeFi TVL is so freaking huge when DeFi is a way more superior means of finance. CeFi works in a way that is completely opposite to what cr...