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Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend
10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...
Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham
10.6.2024
Lending and liquidity protocol Uwu Lend has suffered an exploit worth $19.3 million, according to several blockchain security firms
UwU Lend hit by $20 million crypto hack
10.6.2024
The ongoing exploit has already netted the attacker nearly $20 million in digital assets
FTX-Alameda casualty Maple Finance launches institutional lending
3.6.2024
Maple Finance launches Syrup, a DeFi protocol offering secured institutional lending, amid lingering skepticism from the FTX-Alameda fallout
Metaplex Announces Introduction of Hybrid Defi Protocol for Solana
31.5.2024
Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers...
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
2.5.2024
Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability...
Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
2.5.2024
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services
Curve Finance Rewards Security Researcher $250,000 for Uncovering Critical Vulnerability
1.5.2024
Popular DeFi protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols.
The post Curve Finance Rewards Security Researcher $250,000 for Uncovering...
DeFi Protocol Tranchess, Scroll, and StakeStone Launch New Yield Product, Queen Stone
17.4.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, has collaborated with StakeStone, and Scroll to launch a new yield product, Queen Stone (stoneQUEEN).
The post DeFi Protocol Tranchess, Scroll, and StakeStone Launch New Yield Product, Queen Stone...
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
DeFi Protocol Cega's New Options Product Marries Gold, Ether to Offer Up to 83% Yield
2.4.2024
The new offering called "Gold Rush" offers a trifecta of decent return, market exposure and protection from losses
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
The post Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange appeared first on Cryptonews
Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April
7.3.2024
Kamino is the latest Solana-based DeFi protocol to airdrop a token
Blueberry DeFi Protocol Suspends Lending Services After $1.3M Exploit
23.2.2024
In an X post published on February 23, the Blueberry Protocol Foundation announced that it was currently experiencing an “ongoing exploit” and recommended users to withdraw their funds from Blueberry lending markets while the foundation worked on halting the protocol.
The post Blueberry DeFi...
DeFi Protocol Tranchess Launches New Staking Products With Lido Finance
15.2.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, announced the launch of two new staking products in collaboration with Lido Finance, a leading liquid staking platform. These products, dubbed “staYETH” and “turYETH,”...
Abracadabra Money in Crisis as $6.5 Million Crypto Theft Sends Shockwaves Across DeFi Community
30.1.2024
Source: iStock / Xijian Popular Ethereum-based decentralized finance (DeFi) lending protocol Abracadabra Money fell victim to a platform attack on January 30. Announcing the incident on its official X (formerly Twitter) handle, the DeFi protocol stated that it is aware of an exploit on its platform...
L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value
28.12.2023
Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1 Billion Initially, on Nov. 22, 2023...
DeFi Protocol Sushi's CTO Warns of Possible Exploit
14.12.2023
Decentralized finance (DeFi) protocol Sushi has reportedly been hit by a front-end exploit, with the company's CTO issuing a warning about an industry-wide exploit related to a "commonly used" web3 connector
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment
2.12.2023
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search for experienced senior...