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Euler Finance faces $197 million hack
14.3.2023
BlockSec first broke the news that Euler Finance had been hacked by malicious players. The hacking attempt was reportedly successful since the players were able to take a total of $197 million from the network. The blockchain security firm has further stated that $177 million was stolen in four...
Dogecoin Network's Patched Bug Is Still Present in 280 Blockchains, Blockchain Security Firm Says
14.3.2023
The bug pertains to the way peer-to-peer communications are conducted on blockchain networks, such as Litecoin and Zcash
Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
13.3.2023
On March 8, Euler had over $311 million in crypto locked inside its smart contracts. Its total value locked has since fallen to $10.37 million
This DeFi Protocol Just Got Hacked. Its Token Is Still Doing Better than a Major US Bank's
13.3.2023
Shares of Euler token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly 62% following U.S. bank turmoil
DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year
13.3.2023
The backing Aztec Network is open sourcing the bridge and moving on to next-generation products
Euler Finance Suffers Massive $195M Hack in Flash Loan Attack – Here's What Happened
13.3.2023
Ethereum-based lending protocol Euler Finance has fallen victim to a flash loan attack resulting in around $200 million worth of digital assets stolen from the project.
The losses occurred over six transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC, and were carried...
Crypto’s Latest Stablecoin is Called HOPE, Started by Ex-Babel Finance CEO Flex Yang
13.3.2023
HOPE will serve as the native stablecoin for the new Hope ecosystem, which is focused on bringing traditional finance users to the crypto market
Euler DeFi Protocol Exploited for Nearly $185M
13.3.2023
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC
Radiant Capital to soon transition from V1 to V2
13.3.2023
Radiant Capital has announced that it is soon transitioning from V1 to V2, enabling the venture to onboard the next hundred million users to the DeFi market. Decentralized Finance is eyeing to make a name for itself under the umbrella of sustainability. Having a larger number of users is sure...
USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve
13.3.2023
Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens
Makerdao Issues Emergency Proposal to Address $3.1B in USDC Collateral After Stablecoin Depegging Incident
11.3.2023
On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC collateral that backs a portion of...
BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB
11.3.2023
PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the three networks goes live on or after March 10th, 2023. This fulfilled a vision...
How USDC Stablecoin Depegging Could Break Many Crypto Firms But Bitcoin Will be Stronger
11.3.2023
USDC stablecoin is depegging at an alarming rate, falling to as low as $0.89, way off its $1 peg.
Volatility is expected to continue throughout the weekend as panic sets in after the Silicon Valley Bank collapse.
The failure of SVB is hurting the reserve position of USDC, which is issued...
DeFi Protocol Curve’s $500M Stablecoin Pool Hammered as Traders Flee USDC
10.3.2023
Curve's 3pool is supposed to have equal parts USDC, DAI and USDT. The trio are becoming imbalanced amid fallout from Silicon Valley Bank's collapse
Crypto funding shifts from CeFi to DeFi after major collapses: Finance Redefined
10.3.2023
The majority of the DeFi tokens in the top 100 traded in the red on the weekly charts due to a downturn in the broader financial market
DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
10.3.2023
Troubled DeFi stablecoin exchange mStable has been searching for a buyer after its founder announced he would leave at the end of March
Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App
10.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling...
On-Chain Liquidations Beckon as Ether Slumps to 2-Month Low
10.3.2023
Several on-chain positions are at risk of being liquidated following ether's plunge to a two-month low of $1,373
DEFYCA to launch and deliver a protocol on Avalanche
10.3.2023
The digital securities platform DEFYCA, based in Luxembourg, is getting ready to add its own protocol to the Avalanche public blockchain. Market participants and DeFi protocols will be able to connect with actual and securitized yields from the opaque private debt market that has been reserved...
DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch
10.3.2023
A white hat hacker that targeted DeFi protocol Tender.fi has returned $1.6 million that was stolen on Tuesday, receiving a 62.15 ether ($85,000) bug bounty instead