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Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
Mintbase Raises $1M Seed Round to Bring NFTs to NEAR Protocol
19.11.2020
The new funding allows Mintbase to hire developers and designers to prepare for a testnet launch on NEAR before year's end
Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
Defi Protocol That Bragged About Having Flash Loan Attack Prevention Hacked for $6 Million
17.11.2020
A decentralized finance (defi) protocol that bragged about having flash loan attack prevention has been exploited for $6 million in DAI, in a flash loan attack. Value Defi, a yield aggregating protocol, boasted of having the “highest security” in a Nov. 13 tweet that now appears to have...
Yield-generating stablecoin project Origin Dollar exploited for $7M
17.11.2020
Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million
Origin Protocol Loses $3.25M in Latest Flash Loan Attack: Reports
17.11.2020
Blockchain project Origin Dollar (OUSD) has sustained an oracle manipulation attack. The attacker used flash loans to grab $3.25 million
Value DeFi protocol hacker flooded with sob stories after returning $95K DAI
16.11.2020
“These are all my savings. I hope you can return it to me.”
MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds
16.11.2020
A loophole in MakerDAO’s collateralized debt market enables positions to be closed far more leniently than intended due to an oversight in the auction process
BCH Collectibles: RPG Blockchain Game Built on Bitcoin Cash Completes Flipstarter Campaign
16.11.2020
In the near future, a non-fungible token collectible game is coming to the Bitcoin Cash ecosystem. The project dubbed “Enter the Sphere” aims to bring its NFT collectible universe to Bitcoin Cash by leveraging the Simple Ledger Protocol (SLP). Last week the team behind the project...
Value DeFi protocol suffers $6 million flash loan exploit
14.11.2020
After a boast about the protocol's resiliency, Value DeFi loses $6 million to exploit
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
Defi Yield Protocol Is a Massive Boost for Yield Farmers and the Defi Space
13.11.2020
Since February 2020, we have seen a steady growth of the blockchain space and, most significantly, decentralized finance. While DeFi isn’t entirely new, the network’s growth has been more aggressive this year than it has ever been. The distribution of COMP governance token and...
Algorand-Backed Axelar Raises $3.75M in Seed Funding to Help Blockchains Communicate
13.11.2020
Axelar is a decentralized protocol designed by the founding members of Algorand to make it easier for dapps to work across blockchains
Akropolis DeFi protocol 'paused' as hackers get away with $2M in DAI
13.11.2020
Blockchain records show the hackers got away with more than $2,051,159 in DAI before moving the funds to a different address
The ‘Undo Button’ Wallet Tool Gives Users the Ability to Reverse Ethereum Transactions
12.11.2020
On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions. Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button”...
Origin Protocol Teams Up with Bonded Finance
11.11.2020
Hailed as one of the most trusted finance and DeFi-supporting brands, Bonded Finance has announced its strategic collaboration with Origin Protocol, a globally-acclaimed entity fostering commercial operations through blockchain-supported marketplace tools. The integrating firms will leverage their...
Sharktron Defi Project Devs Exit Scam: Tron Foundation Says Part of Missing Funds Now Frozen
10.11.2020
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen. The exit scam...
Japanese firm Layer X Labs develops blockchain-based e-voting protocol
8.11.2020
The new system will bring blockchain security and immutability to local elections as well as reinforce Tsukuba City’s "smart city" initiative
Haven Protocol Integrates Band Protocol’s Pricing Oracle
6.11.2020
Monero based DeFi ecosystem Haven Protocol has integrated decentralized oracle network Band Protocol’s pricing oracle to secure its decentralized private assets. Band Protocol will be the primary price aggregator for Haven Protocol’s synthetic assets, including xGOLD, xSILV, xEUR, and xCNY, while...
Band Protocol Validator Now Available on MANTRA DAO
4.11.2020
Cross-chain DeFi network, MANTRA DAO, has announced that the validator for Band Protocol is now available on the platform for delegation. In a tweet on Tuesday, the network informed that users would earn OM token rewards for taking part in the innovative ways of distributing the token....