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dForce confirms return of $3.65M exploited funds back to vaults
14.2.2023
dForce, the popular DeFi protocol, recently announced the return of its 3.65 million dollars lost to an exploit. All the exploited funds have been returned to the Arbitrum and Optimism vaults. Peckshield, the on-chain security firm, confirmed that dForce had a security breach on February 13. dForce...
dForce to Deploy New Set of Protocols on KAVA
13.6.2022
The press release from dForce on June 11 announced an all-new partnership with the layer-1 blockchain network KAVA. The partnership will allow dForce to deploy services like dForce lending, dForce bridge, and USX stablecoin to those from the KAVA community. This step will be significant...
dForce Brings ChainLink Oracle to Arbitrium for Price Feeds
18.5.2022
ChainLink Oracle support from dForce will be extended to the Arbitrium blockchain, according to a blog post shared by dForce on Medium. The move is part of the project’s plan for multi-chain expansion of the protocol to EVM-compatible networks. dForce operations on Arbitrium will now access...
Celer Partners with Dforce to Enable Cross-Chain Bridging for DF and USX Through cBridge
31.1.2022
Celer has announced another new collaboration with dForce. As cBridge’s total transaction volume reaches a new high of over $2.7 billion, Celer is adding support for more chains and protocols. Celer has collaborated with dForce and finished the DF and USX integration on cBridge. The dForce...
Kraken CEO: ‘Defi Scams’ Must Take Their Losses as Way to ‘Enlightenment’
29.10.2020
Jesse Powell, chief executive officer of the world’s fourth-largest crypto exchange Kraken, has criticized decentralized finance (defi) projects, accusing them of being “scams” that enter the market too quickly, unprepared. In a charged Oct. 26 tweet, Powell said...
After Banning ICOs China’s Defi Ecosystem Grows Exponential This Year
5.10.2020
The decentralized finance (defi) ecosystem has become a multi-billion dollar industry and quite a bit of the popularity is stemming from China. While a number of defi projects from the West like Uniswap, Compound, and Makerdao are popular in the country, China is also creating its own landscape...
Market Wrap: Bitcoin Sticks to $10.7K; DeFi Site dForce Doubles TVL in 24 Hours
25.9.2020
Bitcoin's price forecast is looking bullish heading into the weekend. Meanwhile, DeFi investors doubled the total value locked in dForce
‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
29.6.2020
Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...
DForce Refunds Users After Recovering Assets From $25 Million Hack
28.4.2020
Decentralized finance project dForce has reportedly refunded all users affected in a recent $25 million hack
DeFi Project dForce Refunds All Affected Users After $25M Hack
28.4.2020
The Lendf.me smart contract was hacked on April 29, but then, curiously, the funds were returned two days later
DForce Hacker Returns Stolen Money as Criticism of the Project Continues
22.4.2020
The largest hack in DeFi history was apparently averted, but many believe it should not have happened in the first place
Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin
22.4.2020
While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a...
dForce Hacker Returns Almost All of Stolen $25M in Crypto
21.4.2020
The hacker had drained $25 million in cryptocurrency from decentralized finance protocol dForce over the weekend
Blockchain Bites: ConsenSys Cuts, dForce Doomsday and Bitcoin ATMs Boom
20.4.2020
ConsenSys cut staff for the second time in 2020. DForce faces doomsday. And Bitcoin ATMs are booming
DForce Hacker Attempts to Negotiate After Allegedly Leaking His Identity
20.4.2020
The theft of $25 million from DeFi protocol Lendf.me may result in a happy ending for its victims, as the hacker signals peace after leaking important personal data
DForce Loses 99.95% of Funds in Latest Test of DeFi' Resilience
19.4.2020
DForcel is believed to have suffered an attack targeting the same vulnerability that allowed $300,000 in tokenized BTC to be stolen from Uniswap
Weekend Attack Drains Decentralized Protocol dForce of $25M in Crypto
19.4.2020
dForce appears to have lost control of $25 million in bitcoin and ether held in its decentralized lending protocol
Chinese DeFi Platform dForce Raises $1.5M From Multicoin, Huobi Capital
15.4.2020
One of China’s largest DeFi platforms has raised $1.5 million from Multicoin Capital, Huobi Capital and CMB International to expand its product lineup
dForce Launches its First Monetary Protocol—USDx
4.11.2019
USDx is a monetary protocol launched by dForce. It is the first monetary protocol, which is decentralized and is a synthetic indexed stablecoin. It is backed by several stablecoins at pre-determined weights, which are adjustable through on-chain governance. Initially, the USDx protocol reserve...