Search
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...
Cream Finance Exploiter Converts $1.75M in Stolen Funds to Bitcoin
12.9.2022
The decentralized finance application has been exploited three times since going live in 2020
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...
Cream Finance Suffers $130 Million Hack
29.10.2021
Ethereum defi protocol Cream Finance suffered an exploit yesterday that allowed attackers to steal $130 million from its holdings. The news was first revealed by Peckshield, a blockchain analytics company that discovered a flash loan had exploited the platform. This is the third hack the protocol...
BREAKING: Cream Finance appears to have suffered major loss in flash loan hack
27.10.2021
Malicious actors continue to target decentralized finance projects for their exploits. On Wednesday, a major DeFi lending platform suffered a flash loan attack
Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+
27.10.2021
Ethereum (ETH)-powered decentralized finance (DeFi) project Cream Finance (CREAM) suffered another flash loan attack as the attacker reportedly stole more than USD 100m worth of tokens.
Blockchain analytics and security firm PeckShield flagged the attacker's address, while Cream finance confirmed...
C.R.E.A.M. Finance and Yearn Finance Launch Iron Bank on Fantom
8.10.2021
C.R.E.A.M. and Yearn Finance will now collaborate to develop multi-chain solutions and transition to new networks as a group. C.R.E.A.M. and Yearn extended their partnership in November 2020 to work together and establish the Iron Bank. The Iron Bank is a more versatile version of C.R.E.A.M. v1....
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
C.R.E.A.M. Finance Announces Support for Six NFTs/Metaverse
9.9.2021
Announcing its support for the lending/borrowing services of AXS, SAND, YGG, MANA, RARI, and OGN, C.R.E.A.M. Finance stated that it is the first time that YGG and AXS have been supported by any protocol in the category of decentralized finance. According to cryptocurrency experts, this launch is...
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
Cream Finance to repay stolen Ether and Amp via protocol fees
1.9.2021
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back
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...
Cream Finance DeFi platform loses $19M in a flash loan hack
30.8.2021
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions
Cream Finance Suffers USD 25M Flash Loan Attack
30.8.2021
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they've suffered an exploit today.
"C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the AMP token contract," the team...
Cream Finance launches $1.5M bug bounty to improve DeFi security
20.4.2021
With a new security campaign, Cream Finance looks to minimize vulnerabilities
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
Another DeFi Hack: PancakeSwap, Cream Finance Websites Compromised
15.3.2021
At least two decentralized finance (DeFi) projects - Pancakeswap (CAKE) and Cream Finance (CREAM) - urged their users to stay away from their websites that were hit with so-called DNS-hijacks.
"Your funds are only at risk if you enter your private key or seed phrase into the hijacked site....
DeFi Protocols Cream Finance, Alpha Exploited, $37.5M Lost: ‘Prime Suspect’ ID’d
13.2.2021
Alpha Finance says the "loophole" has been patched
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: Is This the Next Unicorn in DeFi?
30.1.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Source: Adobe/Prostock-studio (edited by Cryptonews)
Change is inevitable. Refinement takes time.
That's what traditional finance failed to do. Prioritizing systems' efficacy over user experience proves...