DeFi News – Decentralized Finance & Crypto
Key Insights: During a recent hearing in the U.S. Senate, attention was drawn to the increase in cryptocurrency scams, with a particular focus on those affecting senior citizens. This situation Continue Reading →
Key Insights: In recent events, Huobi Global’s HTX crypto exchange has successfully recovered $8.2 million. This sum equates to 4,999 Ethereum (ETH), unlawfully taken in a cyber heist last month. Continue Reading →
Key Insights: In a recent disclosure that has ruffled the crypto community, Justin Sun, the notable advisor to HTX (previously Huobi), reported a significant security breach. The culprits extracted 5,000 Continue Reading →
Key Insights: Curve Finance faced challenges in the decentralized finance (DeFi) sector after a recent hack. The company has managed to recover approximately $50 million of the initially lost $73.5 Continue Reading →
Key Insights: In a dramatic turn of events, the Hong Kong Police Force has detained six individuals, including a postsecondary student, for their alleged role in a massive money laundering Continue Reading →
As cyber-attacks relentlessly increase, the importance of safeguarding blockchain becomes paramount. Uncover essential insights on blockchain security, empowering you to harness its potential while ensuring your protection. The remarkable rise Continue Reading →
Key Insights: In an unexpected twist, the European Investment Bank (EIB), the world’s largest multilateral lender, has been hit by a significant cyber attack. On June 19, the EIB acknowledged Continue Reading →
Key Insights: PeckShield, a crypto-security firm, raised concerns regarding potentially suspicious activity observed on the Jimbo protocol. Jimbo, a decentralized finance liquidity protocol, introduced its native token, JIMBO, through the Continue Reading →
On Monday, the attacker that made away with over $197 million from Euler Finance last week sent an on-chain message to the company’s Ethereum address, offering to initiate negotiations. The Continue Reading →
The Decentralized Finance (DeFi) encountered its own contagion event this week after hackers exploited lending protocol Euler Finance, making away with $198 million in crypto. It was a huge blow Continue Reading →
The latest exploit on borrowing and lending protocol Euler Finance is still making headlines in the DeFi space. The March 13 attack saw the firm lose over $197 million in Continue Reading →
Two days after DeFi project Euler Finance was exploited, with over $198 million stolen, the protocol has today sent a message to the hacker warning that it would launch a Continue Reading →
Investors in the decentralized finance (DeFi) sector should get ready for a hard journey through the current year. 2023 is reportedly going to be a year of huge exploits as Continue Reading →
The denouement of 2022 witnessed the most decreased worth of funds being stolen from the DeFi sector. In December, just $62M value was drained in the exploits. Though this figure Continue Reading →
In recent years, the evolution of blockchain technology managed to cross many boundaries and looks to conquer more regions as time goes on. Due to its excellent security and transparency Continue Reading →
Lido Finance has pushed back MakerDAO to become the largest DeFi protocol operating in the crypto industry with a total value locked (TVL) of up to $5.9 billion on its Continue Reading →
Crypto companies had to struggle greatly in the last year and many among them experienced financial problems and bankruptcy. Apart from that trials, more than $3B worth was robbed from Continue Reading →
Though a lot of people are still celebrating the holidays, exploiters are attacking the DeFi sector, extracting up to $8M in a new wallet exploit on BitKeep. A few customers Continue Reading →
Decentralized finance (DeFi) is one of the fastest growing and emerging financial technology in the crypto space. This network does not allow the involvement of any third party for the Continue Reading →
CZ confirms that the unusual coin value changes on his trading platform are unrelated to the hack. Binance published an announcement on December 11 regarding unusual value motions of some Continue Reading →
As the hype of owning crypto assets is increasing in Canada, the practice of buying Ether, Bitcoin, and Dogecoin is also growing eventually. It has been stated by the Ontario Continue Reading →
A layer 1 blockchain called Fantom offers holders the ability to generate passive income with their cryptocurrency holdings. Fantom is unique in that it gives an option in contrast to Continue Reading →
One of the major problems that the DeFi market, and the crypto market by extension, has faced is its association with bad actors. For a long time, cryptocurrencies had to Continue Reading →
