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Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...
While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support
7.11.2021
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative...
DeFi security project 'Lossless' helps recover $16.7M from Cream Finance hack
4.10.2021
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms
Cream Finance will integrate with Polkadot blockchain using Moonbeam
2.9.2021
Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out
Defi Platform Cream Finance Hacked, $29 Million Lost
31.8.2021
Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved...
Phishing attack uses PancakeSwap and Cream domains to steal money
15.3.2021
Two BSC-based projects have been attacked by replacing their websites with a malicious interface
Band, Loopring (LRC) and Cream secure a slice of DeFi with new partnerships
2.2.2021
Band, Loopring and Cream aim to increase their DeFi market share by building new partnerships and offering solutions that address fees, lending and price discovery
Cream Finance leaps into DeFi ‘corporate debt’ with Iron Bank launch
14.1.2021
The Iron Bank feature will allow protocols to borrow funds without posting collateral