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Nalezeno "DeFi": 7714

Balancer briefs community about taking precautionary steps


Balancer reported the vulnerability to the community on August 22, 2023. Every member has been on their toes since then. Reports claimed that the breach had affected 1.4% of the Total Value Locked. The portion was later revised to 0.89%, roughly translating to $5.6 million. This has been credited...

Balancer Protocol Exploited for $900k Despite Prior Vulnerability Alert


Decentralized finance protocol Balancer was exploited for nearly $900,000 on Sunday, a few days after a critical vulnerability was reported affecting a number of V2 pools.  Blockchain security expert Meier Dolev revealed the identity of the hacker who exploited the vulnerability. ... Read More:...

Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days


In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...

1inch Network embraces Base: Unlocking new DeFi horizons


The 1inch Network is taking an impressive leap into decentralized finance (DeFi) by integrating its 1inch Aggregation and Limit Order Protocols onto Base, the Layer-2 Ethereum scaling solution created by Coinbase. This groundbreaking move in the network’s development will provide users with...

Side Protocol integrates Injective for Mesh Liquidity


Side Protocol has integrated Injective. Described as strategic in the announcement by Side Protocol, the idea behind establishing this association is to embrace Mesh Liquidity to achieve further innovations in decentralized finance, also known as DeFi. It will specifically look to achieve...

Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam


Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam.  Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams.  Blockchain analyst ZachXBT also warned of...

Cypher Says Token Offering Part of Steps to Make Users Whole


The Solana-based digital asset exchange announced on Aug. 23 that it is planning the “most fair” token launch in the history of Solana. According to Cypher, part of the funds raised via the initial decentralized offering will be used “to sustain protocol development, pay...

Binance Labs merge with Pendle Finance: Scaling DeFi Yield & LSDfi


Pendle Finance, a DeFi protocol that specializes in tokenizing and trading yield-generating assets, has been acquired by Binance Labs, its venture capital and incubation group. This further shows how serious Binance Labs is in pushing forward projects that seem to be very promising and have...

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