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Nalezeno "Defi": 11310

Polkadot Concludes Five Parachain Auctions


Polkadot recently concluded its first parachain auctions round, and the winners have started producing blocks. The development has initiated Polkadot’s sharded ecosystem, offering specialized computation and smart contracts functionality.  In addition, the development will help developers to start...

Fei-Rari Union Approved, Marking One the Largest DAO Mergers in DeFi History


  A vote to merge Rari Capital, an open interest rate protocol that allows the creation of permissionless lending pools, and Fei Protocol, issuer on the native algorithmic stablecoin FEI, was approved on Tuesday at Ethereum (ETH) block height 13850929. Looking at the total value locked (TVL)...

Santa Hackathon? Visor Finance Marks 7th Hack in December


  Liquidity management decentralized finance (DeFi) protocol Visor Finance is the latest victim of a DeFi hack, with the protocol estimated to have lost USD 8.2m worth of digital assets - and becoming the 7th crypto establishment to get exploited in the last month of the year.... Read More: Santa...

Terra Protocol Surpasses Binance Smart Chain in Terms of Value Locked in Defi


The total value locked (TVL) in decentralized finance (defi) has rebounded in fiat value after suffering some losses last week. Statistics indicate that the $248 billion TVL in defi has increased 3.46% during the last 24 hours and the blockchain Terra has overtaken the Binance Smart Chain in terms...

Yearn.Finance Token Jumps as Team Promises ‘Aggressive Buybacks’


  YFI, the governance token issued by the decentralized finance (DeFi) protocol Yearn.Finance, has seen its price almost double in a week following the announcement of a completed token buyback worth some USD 7.5m. The buyback, which Yearn.Finance said made up 0.77% of the total supply of...

Solana Gaming Project DeFi Land to Announce Public Testing on Dec 22


DeFi Land, one of the leading agriculture-simulation games, reached first place at Solana’s Hackathon in the summer and is encouraging GameFi fans to test the platform. DeFi Land will be available for public testing on the 22nd of December at 4 p.m. UTC, following a six-week period...

Fantom DeFi Project Loses $30M to a Security Breach


Fantom-based Grim Finance recently faced a security breach, losing 30 million dollars to a hacker. The unidentified hacker exploited a reentrancy bug in Grim Finance’s smart contracts. As soon as the news of the attack came out, the network’s TVL dipped to 4.2 million dollars from 98.9...

Element․Black Forms Strategic Partnership With DJ Snake


PRESS RELEASE. Social-fi has been the trend of the blockchain industry as of late. The concept, closely linked to the idea of co-creating, combines the terms “social” and “DeFi” to promote a diversified interactive platform for the public. Element.Black, a recent...

Bitcoin.com to Give Away $25,000 In “December to Remember”


In light of the holiday season, and to celebrate a fantastic year for economic freedom enhancing technologies like Bitcoin, Bitcoin Cash, Ethereum, NFTs, DeFi, Play-to-earn games, and more, Bitcoin.com is giving away more than $25,000 in cash prizes between now and the end of the year. $20,000...

DeFi Is a Ticking Bomb, Thanks to Innovative Collateralization


2021 is coming to an end, and DeFi’s top lineup is mostly made up of synthetic asset platforms (SAPs). Any platform allowing users to synthetics or derivative values which are tied to existent assets through complete real-time is known as an SAP. Synthetics usually represent different types...

Radioshack Goes Defi in Its Latest Iteration


Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which...

Hacked Grim Finance's Auditors Blame New Analyst For Missing the Issue


  Auditors of the decentralized finance (DeFi) platform Grim Finance, which was exploited for USD 30m worth of digital assets on Sunday, claim that a new analyst had conducted the protocol's audit while their Chief Technology Officer (CTO) was on vacation.... Read More: Hacked Grim Finance's...

Investors Not Impressed by Polkadot's Parachains Launch


  Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem. While Polkadot's utility token DOT was relatively flat on December 18, the day of the launch...

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