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Defi Protocol That Bragged About Having Flash Loan Attack Prevention Hacked for $6 Million
17.11.2020
A decentralized finance (defi) protocol that bragged about having flash loan attack prevention has been exploited for $6 million in DAI, in a flash loan attack. Value Defi, a yield aggregating protocol, boasted of having the “highest security” in a Nov. 13 tweet that now appears to have...
Median DeFi token return on par with Bitcoin this year
17.11.2020
Analysis of 38 top DeFi assets reveals a median performance only 15% above Bitcoin
4th Major DeFi Hack In A Month: Origin Dollar Loses USD 7m
17.11.2020
"A superior stablecoin for the Ethereum network," Origin Dollar (OUSD), has been hacked, becoming at least the fourth decentralized finance (DeFi) project, attacked less than in a month.
"There has been a loss of funds of around USD 7m, including over USD 1m of funds deposited...
Origin Protocol Loses $3.25M in Latest Flash Loan Attack: Reports
17.11.2020
Blockchain project Origin Dollar (OUSD) has sustained an oracle manipulation attack. The attacker used flash loans to grab $3.25 million
3 key on-chain metrics suggest Ethereum price is in a 2017-style bull run
16.11.2020
Numerous on-chain indicators suggest Ethereum price is on the verge of another 2017-style bull run
Cheese Bank's multi-million dollar hack explained by security firm
16.11.2020
Nefarious parties are using flashloans in conjunction with stablecoins to steal DeFi funds from platforms
Value DeFi protocol hacker flooded with sob stories after returning $95K DAI
16.11.2020
“These are all my savings. I hope you can return it to me.”
Some loans on Maker are never liquidated, prompting debt auction overhaul
16.11.2020
Small loans for $100 are uninteresting to liquidators, and they're cheap to stack up
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst’s Case for $300K BTC.
16.11.2020
MIT researchers resoundingly reject blockchain-based voting. A Citibank MD thinks bitcoin could break out. And another DeFi protocol was hit with a flash loan attack
DealDefi Network Presale is Now Open to the Public
16.11.2020
PRESS RELEASE. The DealDefi network is a scalable heterogeneous blockchain for lending/borrowing & marketplace decentralized finance. The DealDefi Network prides itself in four major unique features; – Minimum or no gas fee on transactions, decentralization, privacy and fast/instant...
Bitcoin nerves, DeFi defiant, PayPal debut, Coinbase warning: Hodler’s Digest, Nov. 9–15
15.11.2020
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
Yearn Finance formalizes operations budget as YFI rallies
15.11.2020
Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget
Value DeFi Suffers $6M Flash Loan Attack
14.11.2020
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million
Value DeFi protocol suffers $6 million flash loan exploit
14.11.2020
After a boast about the protocol's resiliency, Value DeFi loses $6 million to exploit
The DeFi market desperately needs to connect with real-world assets
14.11.2020
Connecting DeFi with traditional financial instruments will give a massive boost to the whole market
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
Defi Yield Protocol Is a Massive Boost for Yield Farmers and the Defi Space
13.11.2020
Since February 2020, we have seen a steady growth of the blockchain space and, most significantly, decentralized finance. While DeFi isn’t entirely new, the network’s growth has been more aggressive this year than it has ever been. The distribution of COMP governance token and...
GMT Token Pre-sale is Live Now
13.11.2020
PRESS RELEASE. GMT has started the pre-sale of the GMT token. In total 100,000 GMT will be sold in this phase at the price of 1GMT=0,004ETH and will increase to 1GMT=0,01ETH in the next round. Minimum purchase is 0,5ETH. Grandmarche is a DeFi platform that offers saving and borrowing, plus it will...
DeFi Akropolis Drops 20% Following a USD 2M-Heavy Hack
13.11.2020
Decentralized finance (DeFi) platform Akropolis is seeing its native coin AKRO drop nearly 20% in a day so far, following a hack that made the attacker some USD 2m richer.
AKRO, ranked 268th by market capitalization on Coinpaprika, is trading at USD 0.0097 this morning (at 7:27 UTC). It dropped...
DeFi the odds: Total user numbers up 55% in just six weeks
13.11.2020
Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month