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Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker
17.9.2020
Decentalized finance (defi) protocol Bzx has recovered the $8.1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity. Cornered, the attacker returned the loot. “All...
New Index From DeFi Pulse and Set Protocol Offers Easy Access to 10 DeFi Tokens in 1
14.9.2020
Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index
Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year
14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...
3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol
14.9.2020
DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m.
At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...
SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange
12.9.2020
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period....
SushiSwap’s Users Voted for Changes, but the Protocol Can’t Deliver Without an Overhaul
11.9.2020
Another SushiSwap smart contract migration may be on the menu if newly voted-for policy proposals are going to be implemented
BitMax.io Moves to Eliminate Public Address Usage with FIO Protocol
11.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by former Wall Street quant trading veterans, has announced its support of the FIO Protocol for depositing and withdrawing crypto...
Yearn Finance shuns governance token with new stablecoin lending protocol
11.9.2020
Yearn Finance is launching a MakerDAO like stablecoin lending protocol with no governance token
New DeFi Project Xfinance(XFI) ILO Presale Will Start Today
10.9.2020
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform. XFI Presale Xfinance...
SushiSwap Migration Ushers in Era of ‘Protocol Politicians’
10.9.2020
SushiSwap, the community-owned automated market maker, now has a new set of leaders – offering a preview of the future of crypto politics
ASSEMBLE Protocol Announces Strategic Partnership with Xangle
9.9.2020
Leading point integration platform supported by blockchain technology, Assemble Protocol has announced its strategic partnership with Xangle, a well-established crypto disclosure firm. The integration between the two parties will allow ASSEMBLE partners to access crucial information and data on...
Alameda Research Co-Leads $1.8M Seed Round for DeFi Protocol Linear Finance
9.9.2020
NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round
Noncustodial Bitcoin Cash Client Zapit Demos In-Wallet SLP Dividends Tool
9.9.2020
During the last week, Bitcoin Cash proponents have been discussing Zapit, the noncustodial BCH wallet that also supports Simple Ledger Protocol (SLP) tokens. Zapit’s team recently revealed on Twitter that developers have been working with a new dividends tool built into the mobile wallet....
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