Search
Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
22.11.2020
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep...
Oasis Network mainnet launches touting privacy for loans and genomes
19.11.2020
The privacy-focused Oasis Network has completed its mainnet launch, promising to facilitate under-collateralized loans in DeFi
DeFi Exploits Can’t Be Pinned on Flash Loans, Industry Leaders Say
18.11.2020
DeFi’s novel flash loan products aren't to blame for the recent string of exploits, industry leaders say
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
Some loans on Maker are never liquidated, prompting debt auction overhaul
16.11.2020
Small loans for $100 are uninteresting to liquidators, and they're cheap to stack up
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
Value DeFi Suffers $6M Flash Loan Attack
14.11.2020
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
12.11.2020
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market
Flash Loans Aren’t the Problem, Centralized Price Oracles Are
11.11.2020
Flash loans attacks have received a lot of press attention. But they're not DeFi's biggest vulnerability, says Chainlink's CMO
Ethereum Heavyweights Launch LiquidStake Loans to Ease Eth 2.0 ‘Lockup’
11.11.2020
A coalition of Ethereum OGs is tackling Eth 2.0's "lockup" issue with LiquidStake and USDC rewards
Bitfinex to compete with DeFi with new borrowing service
11.11.2020
Customers can now borrow money from crypto exchange Bitfinex
Figure Technologies Applies for US National Bank Charter
6.11.2020
A charter would give the fintech national clearance for its blockchain-based financial services
83 Tons of Fake Gold Bars Backing $3 Billion Loans in China: This Man Claims to Know the Truth
5.11.2020
The gold industry was shaken when it was discovered that 83 tons of fake gold bars were used to back loans worth 20 billion yuan in China. While Chinese authorities have not said whether the real gold exists or where it is, an insider claims to know what happened. The Mystery Behind the Chinese...
Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion
1.11.2020
Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...
Maker DAO Members Voting on a Safeguard Against BProtocol Flash Loan-Type Attack
30.10.2020
The Maker DAO community is voting on a proposal to harden the protocol's governance structure against flash loan voting
ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
30.10.2020
Genesis Trading saw the share of bitcoin in its loan portfolio drop – mainly due to demand for liquidity mining on DeFi protocols
Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds
29.10.2020
Harvest Finance is offering $1 million for information leading to the return of funds from Monday's $24 million exploit
Maker community scrambles to fix long-standing vulnerability to flash loans
29.10.2020
A relatively benign attack highlighted the potential threat of flash loans
‘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
22 Indian Bank Branches to Begin Offering Crypto Banking Services
28.10.2020
An Indian bank is preparing to start providing crypto banking services at its physical bank branches. Customers can buy bitcoin and several other cryptocurrencies at these branches with Indian rupees, open savings accounts with crypto wallets, make loans against their cryptocurrencies, and more....