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Midas Investments close down amid $63M DeFi portfolio deficit
28.12.2022
Midas CEO Iakov Levin said that after the Terra, FTX and Celsius collapse, users withdrew more than 60% of their assets under management
Midas Investments closes down amid $63M DeFi portfolio deficit
28.12.2022
Midas CEO Iakov Levin said that after the Terra, FTX and Celsius collapse, users withdrew more than 60% of their assets under management
Eisenberg, the Mango Market Exploiter, gets arrested in Puerto Rico
28.12.2022
In a bug development to the case of Mango Market exploitation, Avraham Eisenberg has been arrested by the Justice Department in Puerto Rico. Also known as the Mango Market Exploiter, Eisenberg is charged with committing fraud and manipulating the Mango Market by manually inflating the prices...
BitKeep CEO says some users’ private keys remain at risk after exploit
27.12.2022
The blockchain executive urged users who downloaded the BitKeep 7.2.9. APK malware to transfer their assets immediately
Solana DeFi Project Mercurial to Relaunch as 'Meteora,' Replace MER Token
27.12.2022
DeFi stablecoin exchange Mercurial is going to relaunch as Meteora and rebalance its tokenomics
DeFi Is the Way Forward, but It Needs to Evolve
27.12.2022
The technical foundation of DeFi has proven to be incredibly resilient to the catastrophic market events of the last few months. The opportunity for building a new generation of financial services on DeFi rails has never been bigger, but the space needs to address some notable challenges
2 NFT Projects Plan to Transition From Solana to Alternative Blockchains
26.12.2022
Two prominent Solana projects have announced they are transitioning over to new blockchains. The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon. Both teams said the transitions will take place in 2023....
Andre Cronje says Fantom will focus on DApp ecosystem expansion in 2023
26.12.2022
Fantom has previously pledged to cut its token burn rate by 75% to incentivize DApp development
Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
26.12.2022
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: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
Oryen Network (ORY) presale challenges DeFi projects like Aave (AAVE) and Near Protocol (NEAR)
26.12.2022
Oryen Network (ORY), a multi-use cryptocurrency platform with features such as staking, trading, and assets management, has seen significant growth since the launch of its presale. Offering a fixed APY of 90%, 0.177% daily rewards paid out every 60 minutes, and an auto-staking feature enabled...
Bitget Introduces MegaSwap for a Re-Invented DeFi Experience
26.12.2022
PRESS RELEASE. Seychelles, December 26, 2022 – Leading global cryptocurrency exchange, Bitget launches “MegaSwap“, a new feature on its platform that enable the platform’s users to trade or swap their digital assets for over 10,000 cryptocurrencies on a DeFi environment....
1inch Network: A major upgrade release by Fusion
26.12.2022
1inch Network has published an official blog post to share the details about its major upgrade, Fusion. The aim of releasing the upgrade is to ensure that users profit from the swaps with an additional layer of security. This automatically sets high standards in terms of user experience and cost...
Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
26.12.2022
The BitKeep team confirmed that some APK package downloads have been hijacked by attackers and installed by users
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
25.12.2022
Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack
Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs
24.12.2022
The last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022 to the current...
Bridge attacks will still pose a major challenge for DeFi in 2023: Security experts
23.12.2022
Hackers have stolen over $2.5 billion through vulnerabilities on cross-chain bridges in the past two years
DeFi Derivatives Trading Has Untapped Potential
23.12.2022
If we learn to read the markets, make smart use of the data at our disposal and overcome a few speed bumps along the way, options will certainly drive the next era of DeFi to higher highs than ever before
New Report Shows DeFi Outperforming Traditional Finance in Market Conditions
22.12.2022
Decentralized finance (DeFi) still demonstrates greater potential than the traditional financial industry, despite recent setbacks, a new report has found.
The report, prepared by the crypto-focused investment firm Hashkey Capital, said the scalability of DeFi solutions already surpass that...
SmarterWorx (ARTX), Avalanche (AVAX), and Uniswap (UNI) are the top DeFi Projects for December
22.12.2022
Due to the exponential global expansion of blockchain technology, decentralized finance has gained popularity. Blockchain technology has developed to a multi-trillion dollar market value in less than two decades, containing cutting-edge innovations like cryptocurrency and Non-Fungible Tokens...
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...