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Nalezeno "Avalanche (AVAX)": 251

Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million


Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability...

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise


Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...

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