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Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack
13.8.2022
Following the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of...
Binance Chief Says Exchange ‘Froze/Recovered 83%+ of Curve Stolen Funds’
12.8.2022
Major crypto exchange Binance said it has frozen or recovered more than 83% of the Curve Finance (CRV) stolen funds.
According to the exchange’s CEO, Changpeng ‘CZ’ Zhao,
“Binance froze/recovered [USD] 450k of the Curve stolen funds, representing 83%+ of the hack. We are working with LE to return...
1inch Announces Partnership With KuCoin
12.8.2022
1inch recently announced a strategic partnership with KuCoin. The collaboration will see the KuCoin wallet being integrated into the 1inch API. It will result in 1inch launching its new native swap feature, allowing users to swap tokens across different networks at the best rates. KuCoin Wallet...
MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD
12.8.2022
MakerDAO (decentralized autonomous organization) founder Rune Christensen has called for the community members to consider depegging Maker (MKR)’s stablecoin DAI from USD, and perhaps (slowly) getting into ethereum (ETH) – which Vitalik Buterin argued would be a “terrible idea.”
Writing in...
DeFi platform Oasis to block wallet addresses deemed at-risk
11.8.2022
Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high risk wallets
Maven 11 launches $30M lending pool on Maple as borrowers turn to DeFi
11.8.2022
With liquidity drying up in the wake of CeFi contagion, borrowers are turning to decentralized finance for their credit needs
How DeFi Can Deliver Value for Artists and Musicians
11.8.2022
Decentralized finance isn't just the future of money
1inch plugs into KuCoin Wallet to improve token swaps
11.8.2022
1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps
Maple, a DeFi Platform for Institutional Lending, Unveils New $30M Liquidity Pool
11.8.2022
The new lending pool is backed by crypto-native investment firm Maven 11
Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic
11.8.2022
The blockchain forensics firm said cross-chain bridges provide an "unregulated alternative" to exchanges for transferring value between blockchains
Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
HypaSwap, the Upcoming DeFi Coin Crypto Analysts Believe Can Surpass Industry Leaders Such as Polkadot
10.8.2022
Decentralized Finance (DeFi) is a sector within the cryptocurrency industry that has recently gained mainstream attention for several reasons. DeFi provides valuable solutions to existing problems in the financial industry, such as inaccessibility, lack of transparency, third-party interference...
Unstoppable Finance Raises $12.8M to Build DeFi Wallet
10.8.2022
German fintech firm Unstoppable Finance has raised 12.5 million euro ($12.8 million) to develop its decentralized finance (DeFi) wallet "Ultimate"
3 Cryptocurrencies That Will Make You Millionaire: Gryffindao, The Sandbox, and 1inch Network
10.8.2022
There is still a lot to learn about the technology behind cryptocurrency, despite its rapid rise to global acclaim. People’s interest in cryptocurrency has skyrocketed, and it is not only a hot topic among crypto enthusiasts anymore but also among financial institutions and organizations. Many...
More Than $600K Vanishes From DeFi Project Blur Finance as Developers Disappear
10.8.2022
Twitter and Discord links for the project were not working at press time
DeFi needs a 'killer app' to go next level, says Ripple exec
10.8.2022
A panel at the Blockchain Futurist Conference was asked about the future of decentralized finance and what was needed to be done to bring about mainstream adoption
The Merge’s Long Term Impact on Ethereum
10.8.2022
Kosala Hemachandra is the founder and CEO of MEW (MyEtherWallet). __________...
Read More: The Merge’s Long Term Impact on Ethereum
DeFi Protocol Curve.Finance Hacked; $570K Stolen
9.8.2022
Users have been advised not to use curve.fi and curve.exchange until the source of the hack is located
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
9.8.2022
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number...
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
9.8.2022
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us