Search
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...
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
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
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