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How One Line of Code Destroyed Yam DeFi
13.8.2020
A single mistake cost them everything
Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi
13.8.2020
A dull bitcoin market contrasts with increasing use of the cryptocurrency in DeFi applications
How DeFi ‘Degens’ Are Gaming Ethereum’s Money Legos
13.8.2020
From first heartbeat to last breath, YAM lasted less than 48 hours. But those are the rules of DeFi’s newest toy: “minimally viable monetary experiments.”
Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
13.8.2020
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that...
Figuring Out Who’s to Blame for DeFi’s Persistent Security Issues
13.8.2020
Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure?
Crypto VC Firm Assesses the ‘State of Blockchain Governance’
13.8.2020
Greenfield One, an early-stage venture capital firm, just published a comprehensive new resource on the topic of blockchain governance
MyEtherWallet Latest to Enter DeFi Arena With Integration on Aave and Ren
13.8.2020
Ethereum’s oldest user-friendly wallet is staking territory in DeFi
YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero
13.8.2020
Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter
Multimillion DeFi YAM Gets Rotten as Bug Eats Its Market Cap
13.8.2020
The 'Save YAM' operation failed, as a flaw that prevents the hottest, two days old decentralized finance (DeFi) project from being rescued has been discovered. Hover, the team behind it announced the project's second version.
According to the latest update,Yam Finance (YAM) discovered that...
YAM’s Market Cap Falls From $60M to Zero in 35 Minutes
13.8.2020
YAM’s market cap fell to zero just minutes after the co-founder pronounced the yield farming project dead. A rescue plan is now on the cards
Rebase Bug Permanently Breaks Yam Governance
13.8.2020
Unaudited contracts resulted in its death after all
DeFi Meme Coin YAM Succumbs to Fatal ‘Rebase’ Bug
13.8.2020
DeFi meme coin ‘YAM’ has lost control of its on-chain governance feature following a reported bug
Down to the Wire: Yam Finance Saved at the Last Minute
13.8.2020
Catastrophe has been narrowly averted by YAM Finance after the DeFi community rallied in support of a campaign to recapture governance over the protocol
Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short
13.8.2020
A Yam Finance code flaw saw the project ask investors to pledge to save the platform. Not enough have
Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally
13.8.2020
Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow?
Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs
13.8.2020
Average transaction fees broke all-time highs as median fees hover just below its high
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
Bitcoin Price Above $11.5K as Key BTC Price Metric Suggests $12K Retest
13.8.2020
Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon
Building the Infrastructure for the Future Decentralized Financial Market, Coinbase Included HBTC.Com Debut DeFi Project – Nest Protocol
12.8.2020
As the world’s leading regulatory compliant digital asset exchange, Coinbase sets one of the most stringent requirements for digital asset listing which includes technical evaluation of projects, legal and risk analysis, market supply and demand analysis, and crypto-economics. Coinbase holds...
Blockchain Bites: Avanti’s New Money, DeFi Deepens and ‘How Much Ether?’
12.8.2020
Caitlin Long has a new take on money. Russia wants to de-anonymize crypto. And Coinbase wins in court