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White Hat Hacker Recovers $5.4 Million For DeFi Platform Curve Finance Amid Recent Exploit
31.7.2023
An ethical hacker has recovered 2,879 ETH worth around $5.4 million for the decentralized finance (DeFi) protocol Curve Finance amid its recent hack losing over $47 million.
On July 30, the same day of the hack, it was reported that an ethical hacker seized some assets by front-running...
BALD Token Plunges 90% as Developer Pulls Liquidity
31.7.2023
BALD launched a little over 24 hours ago and has attracted massive hype - and millions in capital - to Base blockchain
Alchemix releases an update on Curve Finance pool exploitation
31.7.2023
Alchemix has provided an official update on the Curve Finance situation. The platform recently witnessed a 47 million-dollar exploit. According to reports, the exploit emerged because of a reentrancy vulnerability. It is believed that Vyper 0.2.15, 0.2.16, and 0.3.0 versions are prone...
Owlto announces official support for the Base mainnet on Twitter
31.7.2023
Owlto recently announced official support for the Base mainnet. The announcement was made on Owlto Finance’s Twitter account. The tweet said that Owlto is delighted to be integrating with Base. Coinbase has designed the Ethereum L2 solution to provide an efficient and seamless experience...
Ethereum logs $1M MEV block reward amid Curve Finance exploit
31.7.2023
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos
Vyper vulnerability exposes DeFi ecosystem to stress tests
30.7.2023
A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH)
Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token Tumbles
30.7.2023
Curve, a stablecoin exchange at the heart of decentralized finance (DeFi) on Ethereum, has been the victim of an exploit according to a tweet from the project. Upwards of $100 million worth of cryptocurrency are at risk due to a “re-entrancy” bug in Vyper, a programming language used to power parts...
Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks
30.7.2023
Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...
Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year
29.7.2023
Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July....
Double Standards in Finance: SBF’s Legal Troubles Spark Concerns
29.7.2023
Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer...
Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined
28.7.2023
The total value locked in DeFi protocols remained below $50 billion after another week of exploits
Lendvest collaborates with Chainlink BUILD program
28.7.2023
Lendvest is on the verge of collaborating with the Chainlink BUILD program. This is for enabling it to work on the overall growth of the ecosystem and mass acceptance of Web3. This will be achievable by connecting with Chainlink’s high-level Oracle services, along with the required technical...
Lynex Integrates with Gamma for Powerful DeFi Solutions
28.7.2023
In an exciting declaration, Lynex, a renowned participant in the decentralized finance (DeFi) ecosystem, has teamed up with Gamma Strategies, a notable specialist in Concentrated Liquidity (CL) management. This collaboration will introduce active CL management and market-making tactics to Lynex...
Jupiter v3: Unleashing Metis and DCA Power!
28.7.2023
Today, Jupiter has unveiled Jupiter v3, which houses its new Metis routing algorithm, an advancement that boosts the performance of its market aggregator. This technology reduces trading costs and allows for greater scalability when introduced to Solana upgrades or novel DEXs. Neptune has also...
PancakeSwap Expands to zkSync Era Network
27.7.2023
The DEX, initially launched on BNB Chain, is now available on five blockchains
Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project
27.7.2023
The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regulated platform for "institutional DeFi."
This collaboration sets a landmark as it involves a G7 Central Bank...
Conic suffers two devastating attacks resulting in a loss of $4.2M in funds
27.7.2023
Conic Finance, a promising Layer 1 blockchain known for its “Play to Own” principle, has been hit by two severe attacks that have shaken the decentralized finance (DeFi) community. As a result of the first exploit, $3.3 million was drained from the ETH pool, and the second attack forced...
Mintlayer founder says DeFi needs real-world assets; Here’s how InQubeta fixes this problem
26.7.2023
In the burgeoning world of Decentralized Finance (DeFi), there are still hurdles to clear on the path to global adoption. According to Enrico Rubboli, the CEO of Mintlayer, a layer 2 solution built on the Bitcoin blockchain, one such roadblock is the lack of integration with real-world assets....
Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
26.7.2023
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens
DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
26.7.2023
The decentralized finance (DeFi) sector has endured a turbulent month, as transaction volume plummeting alongside a series of hacks and exploits