[ad_2][ad_1] With billions of dollars at stake, it’s no surprise that the decentralized finance (DeFi) space has been filled with hacks and exploits on innocent contracts. To name one of the many recent exploits of DeFi contracts, Harvest Finance was hacked for $ 25-33 million in stablecoins due to a …
Read More »Ethereum-based DeFi Akropolis protocol hacked, more than $ 2 million worth of Stablecoins stolen
[ad_2][ad_1] With the continued rise in popularity of DeFi protocols, it was only a matter of time before the hackers caught on and tried to get away with it. The recent hack suffered by Akropolis, an Ethereum-based DeFi protocol, resulted in a loss of more than 2,030,850 DAI ERC-20 tokens. …
Read More »Ethereum worth $ 1 billion is about to be released in the DeFi market
[ad_2][ad_1] In a few days, on November 17th, Uniswap’s first agricultural production opportunity will end. When the project’s governance token was released in September, a yield farming opportunity was launched that allowed users to earn UNI by depositing cash in the decentralized exchange. This quickly became one of the most …
Read More »Blockchain Bites: $ 16K BTC, $ 1B DAI, $ 13.6 billion TVL in DeFi
[ad_2][ad_1] MakerDAO’s DAI stablecoin is the latest unicorn crypto with a market cap of $ 1 billion. The total locked value of DeFi has reached the maximum of life. Hedge fund billionaire Ray Dalio said yesterday he is not passionate about bitcoin; a few hours later, the cryptocurrency hit a …
Read More »Amrit Kumar: Why DeFi needs to branch out of Ethereum
[ad_2][ad_1] The booming world of decentralized finance (DeFi) has reached new heights in recent weeks as the total value of assets locked in the DeFi ecosystem exceeds $ 13 billion. Arguably the fastest growing sector in the cryptocurrency industry today, DeFi has seen an explosive flow of capital and market …
Read More »Zapper Dashboard DeFi gets new funding from Delphi and Coinbase Ventures
[ad_2][ad_1] Zapper announced Thursday an extension of its seed investment round with new support from Delphi Digital and Coinbase. The additional round amount of $ 1.5 million was not disclosed. Zapper runs an asset management portal for decentralized finance (DeFi) on Ethereum. Users can log in with their wallets and …
Read More »Gavin Wood’s Polkadot Is Coming For Ethereum’s DeFi Crown | news
[ad_2][ad_1] Polkadot, the community-governed blockchain protocol launched by Ethereum co-founder Gavin Wood, was one of the overwhelming success stories of 2020. Not only has its native DOT token firmly established itself as one of the top 10 cryptocurrencies by market cap. , but its community has rapidly expanded as the …
Read More »Solution to DeFi scaling problems
[ad_2][ad_1] Ilia Maksimenka (CEO and founder of PlasmaPay) PlasmaPay New York, USA, November 12, 2020 (GLOBE NEWSWIRE) – To find a solution to the rising cost of gas on Ethereum, the PlasmaPay chain allows near-instant token transfers with zero fees and supports the full range of DeFi tokens that still …
Read More »Ethereum vs Binance Smart Chain: who wins in a DeFi crypto battle?
[ad_2][ad_1] The decentralized financial market has reinvigorated the crypto space from a brutal three-year slumber, with the market moving towards real-world solutions such as non-custodial loans, loans, credit, and away from just acting as a proxy for digital payments. But where there is technology, there is competition. Ethereum’s lagged blockchain …
Read More »Hackers stole $ 100 million from Defi projects this year
[ad_2][ad_1] According to a new report, hackers have so far stolen $ 100 million from decentralized finance projects (Defi) this year. Defi accounted for 50% of all hacks and thefts in the second half of the year. Defi Hacks on the rise A new report from blockchain threat intelligence and …
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