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Jackpot! User turns $200 into $250K thanks to a buggy DeFi protocol
9.9.2020
An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code
Band Protocol denies any role in the mysterious origins of SushiSwap
8.9.2020
Band Protocol may share hosting with SushiSwap, but so do hundreds of others
DUCATO Hybrid DeFi Blockchain Protocol for Finance Launched
8.9.2020
Next generation hybrid DeFi blockchain network, focused on finance, DUCATO was introduced on Monday. The decentralized network will help users mitigate financial risks, establish a credible decentralized network and governance. It will function as a bridge between centralized finance...
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
8.9.2020
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin...
DeFi Project Xfinance(XFI) ILO Presale Sceduled for Sept 10th
7.9.2020
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date sceduled for September 10th. LID Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock...
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
7.9.2020
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized...
Fishy Business: What Happened to $1.2B DeFi Protocol SushiSwap Over the Weekend
7.9.2020
SushiSwap experienced a tumultuous weekend after its founder sold $13 million' worth of his stake in the project before turning the reigns over to investor and FTX CEO Sam Bankman-Fried
Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks
5.9.2020
The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of the alleged scam came a few after the sushi token, which forked from the Uniswap protocol, went up in value to $10 in just 24 hours. A Twitter user Spensernoon...
Dash introduces protocol versioning in update
5.9.2020
Getting closer to the testnet
Binance Eyes Uniswap’s Lunch With Launch of Centralized ‘Swaps’ Platform
4.9.2020
The exchange giant is hoping to capitalize further on the DeFi boom with a new centralized trading platform that makes it a rival of the likes of Uniswap
Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether
4.9.2020
A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...
Money Market Protocol Aave Settles $300 Million in Defi Flash Loans
2.9.2020
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...
Multiplier DeFi (Beta Release) Targets Tokenized Bonds
2.9.2020
1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik. Following approval for its advanced blockchain protocol, Multiplier will commence its DeFi beta release on...
Band Protocol CEO says that a single Chainlink data request costs $450
1.9.2020
Band Protocol is about to give Chainlink a run for its money on Ethereum
‘DogByte’ Attack Found in ‘Randomness’ Protocol Proof for Ethereum 2.0 Beacon Chain
1.9.2020
The “DogByte” attack would have allowed attackers to cheat the Ethereum 2.0 random beacon chain by gaming smart contracts and block validator selection
UMA overtakes Yearn.Finance as the biggest ‘DeFi’ protocol on Ethereum
1.9.2020
UMA overtook yearn.finance to become the largest DeFi project on CoinMarketCap with a $1.3 billion market cap
Using a DeFi protocol now costs more than $50 as Ethereum fees skyrocket
1.9.2020
The situation is eerily reminiscent of December 2017
Chainlink acquires a privacy-preserving oracle protocol from Cornell University
29.8.2020
One of the men who coined the term "proof-of-work" to join as chief scientist
Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion
28.8.2020
UK-based developer Chris Belcher has released a design document for a routed multi-transaction CoinSwap implementation, further developing his work on improving Bitcoin (BTC) transaction privacy and fungibility. The post, which comprises a detailed design of the first protocol version, has spurred...
The Importance of Randomness in the Internet Age
27.8.2020
Random numbers might not sound like a public good, but we actually rely on randomness for a host of socially useful things