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Instadapp introduces Transaction Transparency on Avocado
30.3.2023
Instadapp has taken to Twitter to share a major update on Avocado. It comes in the form of Transaction Transparency. The update basically empowers the users to gain insight into how transfers and approvals are done on the network. Specifically speaking, insights will relate to the approval of flash...
Notional introduces Notional V3 as the next level in DeFi lending
29.3.2023
Notional has created an absolute landmark by taking DeFi lending to the very next level with the introduction of Notional V3. This, in turn, is the most highly boosted protocol ever witnessed by DeFi. Notional V3, on its part, delivers the prime money market, which in actuality happens to be...
Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest
29.3.2023
A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.
According to crypto security firm Peckshield, the attacker exploited a public burn function introduced in the latest upgrade. The function included a...
Polygon announces the launch of open-source zkEVM
28.3.2023
Polygon Labs has taken to Twitter to announce the launch of Polygon zkEVM as an open source, with all the components being licensed under AGPL v3. The development ensures that Polygon zkEVM is no more proprietary but rather a tool for every developer who now has access to modify and distribute...
Premia exclusively brings ARB/DAI option to Arbitrum Network
27.3.2023
It has only been a couple of days since ARB’s launch, and Premia Finance has elevated the token already. The platform is bringing the world’s first ARB options to Arbitrum already. Now users can exclusively access the ARB/DAI options on Arbitrum. Users can also bridge to the network by accessing...
Euler Finance gets back $90 million from hacker
27.3.2023
It happened to be a little before two weeks ago when the lending protocol, Euler Finance, went through an enormous amount of loss pertaining to its assets. This happened to have been the handiwork of a hacker. However, recently he has sent back the amount of 51,000 ETH, which happens to be...
Euler Finance Hacker Returns $100 Million in Surprising Act – Here's What Happened
26.3.2023
In a remarkable development, the Euler Finance exploiter has returned a huge portion of the $200 million stolen funds to the protocol.
According to data aggregated by blockchain security firm BlockSec, the Euler Finance hacker has been returning the stolen funds over the past 24 hours. With...
Steadefi links up with the Chainlink BUILD program
23.3.2023
Steadefi takes the opportunity of coming out with its official announcement of linking up with the Chainlink BUILD program. Through this, they will be in the position of being able to better connect with the absolute new-age Chainlink Web3 services. Chainlink happens to be a measuring tool in...
Aave backs the proposed Metis deployment
22.3.2023
Reportedly, the community of Aave has come out supporting the deployment of V3 on Metis. Aave is a DeFi lending protocol that recently registered a TVL of $8.5 billion, and Metis is a layer 2 network on Ethereum. Reports further claim that Metis will roll out $3 million in liquidity mining for Aave...
DeFi Llama team manages to iron out differences
21.3.2023
There was an overarching atmosphere of misappropriation as well as general unease among DeFi Llama team members. But, at present, all the issues appear to have been peacefully resolved, and everything seems to be well and back on track. All of this information was effectively communicated through...
Hostile Takeover Fears: DefiLlama Co-Founder Exposes Internal Rift over Token Launch – What's Going On?
20.3.2023
A hostile takeover could by underway for decentralized finance (DeFi) resource DefiLlama, as an internal rift among key team members has been exposed.
The internal rift is related to the launch of a token for DefiLlama called LLAMA, which is to be launched by DefiLlama’s top management without...
ParaSpace & BlockSec prevent $5M from being stolen in a failed attack
20.3.2023
BlockSec, the popular blockchain security firm, recently announced that it prevented a breacher from stealing 2,909 ETH. Worth around 5 million dollars, the attacker was caught while trying to exploit a vulnerability in ParaSpace. At 3:51 AM, London time, a Railgun-funded address was first noticed...
Wallet Addresses Linked to $200 Million Euler Exploit and Axie Infinity Hack Mysteriously Interact – Are North Korean Hackers Involved?
17.3.2023
Wallet addresses associated with the exploit of Euler Finance and last year's hack of Axie Infinity’s Ronin Network have interacted, stirring up speculations that North Korean hackers might also be behind the recent attack on Euler.
Blockchain data shows that an address controlled by Euler...
Euler Foundation to reward a sum of $1M in exchange for hacker’s information
16.3.2023
Euler Finance lost $197 million to a hacker who performed a flash loan attack on the network and stole $177 million in four transactions, followed by two more transactions to bring up the total to $197 million. Euler Foundation has now announced a reward of $1 million to anyone who shares...
InvestDex partners with Floki to add FlokiFi to its platform
15.3.2023
InvestDex recently announced a partnership with Floki. The crypto workstation is integrating the FlokiFi protocol into its platform. By integrating the FlokiFi Locker into Pair Explorer, InvestDex will facilitate better visibility of every project using the locker. It also helps users to easily...
Former CEO of Troubled Crypto Firm Creates New Stablecoin – How Does it Work?
14.3.2023
Flex Yang, the former CEO and founder of Babel Finance, has introduced a new decentralized stablecoin backed by crypto-native reserves and an entire DeFi ecosystem built around it.
Yang claimed the Hope stablecoin blends centralized finance (CeFi), decentralized finance (DeFi) and traditional...
Protocols report exposure to the $197 million Euler Finance hack
14.3.2023
Some malicious players hacked Euler Finance to steal $197 million funds in total. The hack was carried out in four different transactions for $177 million, with two more attacks that added to the concern. This was first reported by BlockSec, a blockchain security firm, and then corroborated...
Euler Finance faces $197 million hack
14.3.2023
BlockSec first broke the news that Euler Finance had been hacked by malicious players. The hacking attempt was reportedly successful since the players were able to take a total of $197 million from the network. The blockchain security firm has further stated that $177 million was stolen in four...
Euler Finance Suffers Massive $195M Hack in Flash Loan Attack – Here's What Happened
13.3.2023
Ethereum-based lending protocol Euler Finance has fallen victim to a flash loan attack resulting in around $200 million worth of digital assets stolen from the project.
The losses occurred over six transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC, and were carried...
Radiant Capital to soon transition from V1 to V2
13.3.2023
Radiant Capital has announced that it is soon transitioning from V1 to V2, enabling the venture to onboard the next hundred million users to the DeFi market. Decentralized Finance is eyeing to make a name for itself under the umbrella of sustainability. Having a larger number of users is sure...