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Defi Attacker Siphons $570,000 From Curve Finance, Crypto Exchange Fixedfloat Freezes 112 Ethereum
10.8.2022
Reports indicate that the decentralized finance (defi) protocol Curve was hacked for $570,000 in ethereum after people noticed that Curve’s front end was exploited. The attackers then tried to launder the funds via the crypto exchange Fixedfloat, and the trading platform’s team...
HypaSwap, the Upcoming DeFi Coin Crypto Analysts Believe Can Surpass Industry Leaders Such as Polkadot
10.8.2022
Decentralized Finance (DeFi) is a sector within the cryptocurrency industry that has recently gained mainstream attention for several reasons. DeFi provides valuable solutions to existing problems in the financial industry, such as inaccessibility, lack of transparency, third-party interference...
Unstoppable Finance Raises $12.8M to Build DeFi Wallet
10.8.2022
German fintech firm Unstoppable Finance has raised 12.5 million euro ($12.8 million) to develop its decentralized finance (DeFi) wallet "Ultimate"
3 Cryptocurrencies That Will Make You Millionaire: Gryffindao, The Sandbox, and 1inch Network
10.8.2022
There is still a lot to learn about the technology behind cryptocurrency, despite its rapid rise to global acclaim. People’s interest in cryptocurrency has skyrocketed, and it is not only a hot topic among crypto enthusiasts anymore but also among financial institutions and organizations. Many...
More Than $600K Vanishes From DeFi Project Blur Finance as Developers Disappear
10.8.2022
Twitter and Discord links for the project were not working at press time
DeFi needs a 'killer app' to go next level, says Ripple exec
10.8.2022
A panel at the Blockchain Futurist Conference was asked about the future of decentralized finance and what was needed to be done to bring about mainstream adoption
The Merge’s Long Term Impact on Ethereum
10.8.2022
Kosala Hemachandra is the founder and CEO of MEW (MyEtherWallet). __________...
Read More: The Merge’s Long Term Impact on Ethereum
DeFi Protocol Curve.Finance Hacked; $570K Stolen
9.8.2022
Users have been advised not to use curve.fi and curve.exchange until the source of the hack is located
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
9.8.2022
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number...
Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth
9.8.2022
Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon us
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
9.8.2022
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code...
Investors Scramble to Gnox as 2nd Presale Sells Out. ETH Whales May Rotate to BNB for This Opportunity
9.8.2022
Can a single finance application blow up an entire layer-1 blockchain like Binance Smart Chain? Gnox might have what it takes. When you think about it, there should only be two kinds of people buying and selling crypto. Long-term investors and short-term traders. Currently, long-term investors...
Goldfinch Becomes a Part of the Celo Alliance for Prosperity
9.8.2022
The Goldfinch community had already joined the Celo Alliance for Prosperity, a connection of Celo mission-aligned organizations dedicated to expanding local and international ecosystems in support of establishing the prerequisites for economic success for all. Members of the alliance strive...
Over USD 36M Returned to Nomad Bridge's Fund Recovery Address
9.8.2022
Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery."
According to Etherscan transactions, the recovery wallet...
Arbitrum One Announced Migrating to Nitro Mainnet on August 31
8.8.2022
Offchain Labs recently announced migrating Arbitrum One to Nitro mainnet. The migration will be carried out on August 31st, exactly one year after its beta was released. Nitro proposes a substantial technical upgrade, enabling changes across the stack. It will significantly elevate the experience...
DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
8.8.2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption
How to Spot the Next Celsius Before It’s Too Late
7.8.2022
It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021
7.8.2022
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was raised by crypto projects and startups during the first half of 2022. The $30.3 billion raised across...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team
6.8.2022
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams that the campaign is likely widespread. Lazarus Group Suspected of Attacking Debridge Finance Team...
VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions
6.8.2022
ZEBEDEE, Halborn, Hashflow, Socios and EtherMail headline the latest funding deals from the world of blockchain and cryptocurrency