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 Hackathon? Visor Finance Marks 7th…
Read more
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 of TVL in defi.
Terra Protocol’s…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Deutsche Telekom Arm to Validate Polkadot, IOTA Staking + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
High yield staking platform Bent Finance has confirmed that it has been attacked, advising investors to withdraw funds – becoming the sixth hacked decentralized finance (DeFi) platform we reported on this month alone. So far, reported-on December hacks include Badger DAO, Bitmart, AscendEX, Vulcan Forged, and Grim Finance…. Read More: 6th Hack This Month Confirmed:…
Read more
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 YFI tokens, was announced via the protocol’s Twitter…
Read more
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 Auditors Blame New Analyst For Missing the Issue Read…
Read more
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, it is in the red on Monday, December 20. ……
Read more
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with…
Read more
Popular decentralized automated market maker (AMM) Uniswap will deploy its smart contracts on Polygon, the Ethereum scaling solution, Proof-of-Stake (PoS) chain. The announcement was made via Twitter by the official handle of Uniswap Labs after the completion of a community vote. Related Reading | Uniswap Community Reacts Against The New Proposal, Here is Why The…
Read more
Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021. Yaniv Tal of The Graph Yaniv is a co-founder and CEO at Edge & Node, and co-founder of The Graph, a decentralized indexing protocol used by blockchains such as Ethereum. “Many people and institutions got…
Read more
