Latest news about blockchain and cryptocurrencies
The DeFi platform addresses systemic problems faced by institutional lenders and borrowers, including capital inefficiency and a lack of transparency….
Continue reading on https://decrypt.co/108757/lending-platform-damm-brings-transparency-to-institutional-defi
Read more →ShadowFi tweeted about the cyber attack. Hackers made an attack on DeFi systems possible by a crypto-private effort known as ShadowFi. A prominent blockchain security firm, Peckshield, sounded the alarm and revealed the exploitation cost around $300,000…. Read More: ShadowFi Exploit Allows $300k Liquidity Drain, Massive Cryptocurrency Loss…
Read more →The token powering Ethereum staking service Lido Finance has enjoyed a heady rise over the past week, jumping from $1.60 to nearly $2 today….
Continue reading on https://decrypt.co/108961/defi-project-lido-finance-rose-ahead-ethereum-merge
Read more →Last week’s Nitro upgrade brought significant improvements, but no native token yet….
Continue reading on https://decrypt.co/108941/defi-speculators-awaiting-arbitrum-token-flock-to-gmx
Read more →Sudoswap is doing for NFTs what Uniswap did for altcoins….
Continue reading on https://decrypt.co/108922/forget-about-defi-summer-nft-autumn-is-arriving
Read more →One DeFi staking pool and three centralized crypto exchanges account for almost two-thirds of ETH securing the network ahead of the merge….
Continue reading on https://decrypt.co/108906/ethereum-staking-pools-who-runs-the-largest-ones
Read more →The last week of summer has brought us a crypto crackdown in Afghanistan, FBI recommendations to DeFi users, and a new bitcoin mining difficulty record despite dropping mining profitability. Bitcoin bull Michael Saylor and his company MicroStrategy got hit with a tax fraud lawsuit and promised to fight back “aggressively,” while a bankrupt crypto lender Celsius asked a court for permission to release about USD 50m worth of tokens to certain custody account holders…. Read More: FBI & DeFi, Difficult Bitcoin Mining, Saylor’s Battles, Ethereum’s Merge Risks, and 20 Crypto Jokes…
Read more →The co-founder of Kyber Network was quick to point out that this exploit was the first time the project had been attacked in five years….
Continue reading on https://decrypt.co/108831/defi-exchange-kyberswap-suffers-265000-frontend-exploit
Read more →Babylon Finance announced it will shutter operations due to losses suffered from the Rari Capital hack this year and the bear market….
Continue reading on https://decrypt.co/108751/80m-rari-capital-hack-was-the-domino-that-led-to-defi-project-babylon-finances-demise
Read more →With Ethereum’s (ETH) Merge nearing, risks that the event could bring are increasingly being discussed, with crypto researcher Coin Metrics pointing to price discrepancies in DeFi protocols as one obvious danger, and advising users to refrain from transacting at all on the day of the Merge. In a new report titled Mapping Out The Merge, Coin Metrics stressed that while the Merge overall will bring benefits to Ethereum, “a lot can go wrong in a network migration of this magnitude.”… Read More: Analysts Advise Ethereum Users to Avoid Transacting on Merge Day, Outline Numerous Risks…
Read more →