Category: MonoX

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DeFi disasters: $31M drained from MonoX and BadgerDAO losses top $120M

December 3, 2021

A disappointing week of exploits has put a temporary grim cloud over the end of 2021, with BadgerDAO and Huobi-listed MonoX suffering major losses. More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO. Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered a cyber attack on Nov.…
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MonoX raise $5M to launch single-token liquidity pools

September 18, 2021

The automated market maker is currently in beta development and set to launch in Q3 2021. Automated market maker MonoX has today announced a debut capital raise of $5 million from venture firms including the likes of Axia8 Ventures, Animoca Brands, Divergence Ventures, among others. MonoX will use the funds to support its ambitions in…
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