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Binance Smart Chain Faces yet Another Flash Loan Attack: Belt Finance Loses $6.3 Million
31.5.2021
Belt Finance, a Binance Smart Chain-based decentralized lending protocol, lost $6.3 million in a flash loan attack last week. The attackers took advantage of a series of inefficiencies in the smart contract to manipulate the price of the set and obtain profit from a series of transactions. This...
Aave Protocol Outpaces Maker With $1.4B Locked, Defi Project Granted UK Electronic Money License
26.8.2020
The decentralized finance (defi) open-source protocol built on Ethereum, Aave, has surpassed the Maker Dao project in terms of total-value-locked (TVL) this week. The lending and borrowing platform Aave has $1.43 billion locked on Tuesday climbing 7.7% in the last 24-hours. On August 25, the defi...
Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
18.2.2020
Decentralized lending protocol bZx was hacked two times just days apart, with a total loss of about $954,000
Crypto Finance: Decentralized Lending Soars, Staking Gains Traction
29.7.2019
Despite having been around for quite some time already, decentralized lending services may now finally be about to break into the mainstream – at least within the cryptoverse – a new report suggests. Moreover, crypto staking is another income-generating practice that is gaining traction in...