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BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack
29.5.2021
Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million...
Another Two Binance Smart Chain Projects Suffer Flash Loan Attacks
28.5.2021
Source: Instagram, Binance
And yet another two projects on Binance Smart Chain (BSC) suffered incidents, in the form of more flash loan attacks - and this time it's Burger Swap (BURGER) and JulSwap (JULD).
BSC, ran by the crypto exchange giant Binance, may be getting more popular among...
Equalizer Collaborates With Chainlink Price Feeds
28.5.2021
Equalizer, the foremost marketplace for flash loans in the DeFi market, is all set to incorporate Chainlink Price Feeds into the protocols of Binance and Ethereum Smart Chains. By integrating the decentralized Oracle network of Chainlink, Equalizer shall gain access to tamper-proof...
CipherTrace expands to cover Binance Smart Chain amid wave of exploits
28.5.2021
Binance beefs up blockchain analytics amid a surge in DeFi exploits
Harvard Law BFI throws 10.5M votes behind own proposal to fund DeFi lobby with UNI
28.5.2021
It is not the first time Uniswap governance has been dominated by a whale
Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network
27.5.2021
Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary characteristics – that of being trustless and enabling disintermediation. It is these two characteristics that build the core value of DeFi and determine...
Finance Redefined: Parachute journalism on the frontlines of DeFi! May 19-26
27.5.2021
DeFi is in the spotlight and Bitcoin fans may be getting jealous in this week's Finance Redefined
VCs back Balancer with $24.25M investment
27.5.2021
Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again?
DeFi is Booming on Tezos: Here’s Who’s Building
27.5.2021
2020 will go down in crypto history as the year that DeFi hit its stride, gaining over $15 billion in total value locked in the year, according to DeFi Pulse. However, the growth in 2021 is proving to be even more explosive, fueled by the increasing expansion of the ecosystem beyond the boundaries...
1inch integrates with Mercuryo, enabling fiat onramp to DeFi
27.5.2021
1inch Wallet users can now purchase DeFi assets through Mercuryo’s fiat onramp gateway
CanCan Now an Open Source Platform
27.5.2021
The decentralized platform, CanCan, is known for offering video-sharing social media networking services that enable users to share and stream video content directly from the Web. A sample dApp was developed by the DFINITY Foundation for the demonstration of the Internet Computer’s abilities....
Analyst says DeFi and stablecoins held up well as crypto markets imploded
27.5.2021
DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption
TechX acquires crypto-to-fiat gateway Mobilum for $13.2M
26.5.2021
Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company
Yam Community Now Offers Web3Notif to Users
26.5.2021
The DeFi sector keeps getting new updates as the latest news comes from the side of globally-renowned YAM Finance. The community-owned DAO now offers push notifications to users, helping them stay updated with every development. YAM Finance recently announced that they would be integrating EPNS...
DeFi and traditional finance could converge thanks to tokenization
26.5.2021
It won’t be easy to bring DeFi to be on par with traditional finance, but tokenization can help it along, says Liquefy’s CEO
DeFi Spectacular Returns Unsustainable In Long-Term - Research
25.5.2021
Decentralized finance (DeFi) is undergoing rapid evolution, but speculative demand bubbles that generated spectacular returns over short periods will be unsustainable in the long-term, according to a recent paper.
"[DeFi] remains immature, with a variety of unresolved economic, technical...
AllianceBlock to Launch LMaaS on May 27
25.5.2021
The DeFi sector is constantly receiving new upgrades, and the latest one is coming from AllianceBlock’s side. The decentralized market is launching its new liquidity mining product, LMaaS. The product is expected to bring down the barriers restricting entry in the DeFi sector. Despite being...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets
24.5.2021
Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum
DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
24.5.2021
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features that will increase the use cases for DYP Token and the entire DeFi ecosystem. The tool dashboard serves as a liquidity locker for any DeFi project and protects...