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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...
Uniswap Dark (UNID) Next Generation Defi protocol with Ultimate Security Futures, Token Pre-Sale is Now Live
4.11.2020
PRESS RELEASE. Uniswap Dark is a uniswap fork that tackles impermanent and permanent loss. Our exchange provides a decentralized, peer-to-peer, and safe exchange platform with minimal fees and slippage to solve the problems. Usually, trading or swapping on Uniswap demands ERC-20 token to...
Yield Trust DeFi Protocol with Anti-Manipulation and Unique Trust Score Feature – Presale Now Live
31.10.2020
PRESS RELEASE. Yield Trust Team from Stockholm, Sweden is ready to launch their new DeFi protocol for public access, providing users exciting and unique technologies to finally beat market manipulation and reduce market affection by the whales. The protocol is going to grow all around starting it’s...
‘Flash Loans’ Have Made Their Way to Manipulating Protocol Elections
29.10.2020
BProtocol used a flash loan to speed up election results on MakerDAO. The DeFi platform is now weighing changes to its voting process
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...
Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million
26.10.2020
Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven...
The unluckiest DeFi protocol? A personal take on bZX’s tumultuous year
24.10.2020
The platform got hacked not once, but thrice, putting the team through a trial by fire
StrongBlock launches DeFi protocol but token prices slump 70%
30.9.2020
A new DeFi protocol has been launched rewarding node operators to improve public blockchain performance, but token prices have tanked
UNI Token Crashes Despite Uniswap’s Rise as Largest DeFi Protocol
21.9.2020
Despite Uniswap climbing to become the largest decentralized finance (DeFi) protocol by total value locked (TVL), its newly issued UNI token crashed in the market today along with many other DeFi tokens.
As of press time (12:02 UTC), UNI traded at USD 4.35, having gone down 23.35% over the past...
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...
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...
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
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
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
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
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...
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
$200m Staked in YAM-Inspired DeFi Protocol in Under 12 Hours
19.8.2020
The DeFi craze continues as investors stake $200 million in a new yield farming protocol that's not even 12 hours old yet
$RMPL Launches, Revolutionizing the Cryptocurrency Market with a Decentralized Elastic Supply Model
17.8.2020
Announcing the official launch of $RMPL, an ERC20 cryptocurrency with an elastic supply model, redesigned to solve unfair market manipulation and exploitation. $RMPL is currently on Uniswap, and will soon be released on several popular cryptocurrency exchanges. RMPL is a decentralized finance...