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White Hat Hacker Reveals High-Risk Vulnerability on SushiSwap
23.9.2021
A white-hat hacker recently took the DeFi sector by storm after allegedly speaking about high-risk vulnerabilities on SushiSwap. According to the anonymous hacker, the vulnerabilities can risk user funds worth billions of dollars. SushiSwap developers could not secretly fix the issue, resulting...
Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL
23.9.2021
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform...
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
23.9.2021
Despite a blanket ban in China and regulatory crackdowns on exchanges in Korea, Asia remains a hotbed for crypto investments
Alchemy Pay Using Chainlink to Enable Trading on Decentralized Exchanges and Borrowing in DeFi Using ACH
22.9.2021
PRESS RELEASE. Singapore, September 22, 2021 – Alchemy Pay is now using Chainlink Price Feeds to enable users to buy crypto on decentralized exchanges (DEXs) and obtain loans in leading DeFi lending platforms directly from wallets using Alchemy Pay’s ERC-20 utility token, ACH....
Wallstreetbets Founder Jaime Rogozinski and Wsbdapp Project Launch 15,000 Generative NFTs
22.9.2021
On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts....
Banks Not Looking to Create Own DeFi Alternatives – Investment Banker
22.9.2021
Olsen of JPMorgan’s blockchain arm Onyx, said that finding the “right intersection between private and public infrastructure” will be an important job for the bank going forward. This argument would suggest that some private infrastructure will be necessary as major financial institution
High Yields Draw Institutions to DeFi, But Hurdles Remain
22.9.2021
ustry agreed that although a lot of hurdles remain for institutions to embrace DeFi, the potential for yield is drawing interest.According to Andrew Keys, Managing Partner of the crypto-focused investment firm DARMA Capital, it is the fact that investors can earn yields on, for instance, thei
SundaeSwap Labs Raises $1.3 Million Seed Fund From CFund
22.9.2021
SundaeSwap Labs, decentralized finance (DeFi) platform company, said today that it secured $1.3 million in a seed funding round by cFund, a Blockchain industry early-stage startup capital fund. SundaeSwap Labs is a software business working on a suite of tools that would enable Cryptocurrency...
Firebird Goes Live on Fantom
22.9.2021
Firebird Finance is an emerging name in the DeFi sector, and the venture intends to grow even further. Firebird recently announced that the Firebird SwapV2 is live on Fantom. The integration allows Firebird users to access its solutions on Fantom as well. The announcement also stirred a positive...
SEC registrants seek DeFi and physically-backed Bitcoin ETF approval
22.9.2021
Amplify ETFs, Invesco and Galaxy submitted registrations to the U.S. SEC for Bitcoin and DeFi-based ETF offerings
'Dark Phase' Ahead on DeFi Regulatory Front, yearn.finance Creator Warns
22.9.2021
p>The comments from the outspoken DeFi founder came during a virtual panel discussion titled ‘The Future of DeFi’, hosted by crypto researcher Messari for its Mainnet 2021 event in New York City on Tuesday.In the discussion, moderated by investor and partner at the DeFi Alliance Qiao Wang
US Watchdogs Send More Warning Signs to Altcoins & DeFi, But Coinbase Has a Plan
22.9.2021
ing to steal a march on regulators – by issuing its own proposals for policing the sector.In a video interview with the Washington Post, Gensler likened stablecoins to gambling tokens, stating that “Stablecoins are acting almost like poker chips at the casino gaming tables.”He stated that
Avalanche Defi Platform Vee Finance Attacked — $35 Million in ETH, BTC Siphoned
21.9.2021
On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system. The team has suspended the defi platform contracts and stressed that the stablecoins have not been...
DeFi’s potential means more institutional demand for next-gen tokens
21.9.2021
Ether’s impressive YTD gains have largely been overshadowed by the profits accrued by other smart contract-enabled projects
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
21.9.2021
Vee Finance says it suffered a $35 million attack just a few days after launching the mainnet on Avalanche last week
ShoeFy Secures $1.75m in Seed & Private Round 1
21.9.2021
The NFT platform, ShoeFy, has succeeded in raising $1.75 million in the first round of seed and private sales conducted by Oddinyana Ventures. The top investors who took part in round 1 of seed and private sale include BMW Capital, ChinaPolka, Ex Network Capital, DuckDao, Ragnar Digital Investment...
Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO
21.9.2021
Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016
Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
21.9.2021
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge
Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
20.9.2021
The pattern's neckline support near $1,984 emerges as Ethereum's downside target
Cryptocurrency Is Picking up Steam in Small Cities in India: Report
20.9.2021
Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only...