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Cream Finance Suffers USD 25M Flash Loan Attack
30.8.2021
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they've suffered an exploit today.
"C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the AMP token contract," the team...
Umbrella Network Collaborates With Genesis Volatility
30.8.2021
Known for its highly-efficient, scalable, and trusted oracle services devoted to DeFi and blockchain firms, Umbrella Network has entered into a strategic partnership with Genesis Volatility, a renowned analytics portal for crypto options trading. With this collaboration, Umbrella Network will...
RoboFi to Integrate With Chainlink VRF for RoboFi Game
27.8.2021
RoboFi, a DeFi platform working towards the new age of DAO crypto staking bots using a whole new concept named Initial Bot Offering (IBO), has announced that Chainlink Verifiable Random Function (VRF) integrated on the Blockchain of Binance Smart Chain. The firm will acquire fool-proof...
Solana Devnet Joins Hands With Chainlink Price Feeds
26.8.2021
Announcing the onboarding of Chainlink Price Feeds, Solana Devnet has officially confirmed that it has adopted Chainlink’s technology to offer more reliable price feeds on its platform. This particular association will be completed before the fourth quarter of the year and signifies the fruition...
CyberFi Collaborates With Wanchain for Crosschain Adaptability
25.8.2021
In a recent development, the automated DeFi crypto network “CyberFi” built an alliance with Wanchain. This business development between the two blockchain networks will enhance the adaptability of CyberFi’s crosschain system offerings ($CFi). Clients of the DeFi network of CyberFi will...
StaFi and Liqee to Introduce Lending Merchandise of rToken
25.8.2021
In a consolidated effort, Decentralized Finance conformity StaFi with the assistance of Liqee, will provide lucrative crypto lending merchandise. The commodity introduced through StaFi and Liqee’s business association is the “rTokens”. These tokens will factor into the lending peculiarities...
The Launch of ForceDAO on Avalanche
24.8.2021
According to Avalanche price prediction reports, ForceDAO finally announced the launch of structured products and novel strategies of stablecoin on the network of Avalanche. ForceDAO operates on decentralized blockchain networks to bring community investors and strategists together...
Bitcoin and Ethereum Remain Supported, BNB Rallies To USD 500
23.8.2021
Bitcoin price started a fresh increase above the USD 48,000 resistance. BTC even surpassed USD 50,000 and tested USD 50,500. It is currently (11:45 UTC) consolidating gains near USD 50,000 with a major support at USD 49,200.
Similarly, most major altcoins are trading in a bullish zone. ETH spiked...
Klaytn Enters Into a Collaboration With Beyond Finance
23.8.2021
Beyond Finance made headlines with the latest announcement of its partnership with Klaytn. This comes with the aim to incorporate decentralized trading of synthetic assets into the Klaytn ecosystem, thereby making the procedure accessible to millions of existing Klatyn users. As a result of...
UniLend Integrates With BSC to Ease Token Lending for Users
20.8.2021
Working as a powerful decentralized finance protocol that uses smart contracts to fuel trading and lending, UniLend has taken a step further to expand its network by going live on the Binance Smart Chain ecosystem. According to the announcement, the integration will allow UniLend to launch...
Mixin to Join Bytom 2.0 for Promoting Global Node Ecosystem
20.8.2021
Mixin Network and the Bytom Blockchain join hands in 2019. They have announced the upgrade for 2021 to add a few more strategies and advancements. The Exin team is an active developer in the ecosystem of Mixin and owns the staking node, Exin Pool. The EximPool voted for the Bytom 2.0 node...
Avalanche Announces a $180 M Liquidity Mining Program: Avalanche Rush
19.8.2021
Avalanche Rush plans to bring a blue-chip DeFi app to Avalanche. It is planning to launch two protocols- Curve and Aave. The Avalanche Foundation has recently announced a $180 liquidity mining incentive called Avalanche Rush. In addition, it is planning to introduce additional assets...
Unbound Finance Launches Polygon-Based CrossChain Stablecoin
18.8.2021
Unbound Finance, which specializes in minting UND stablecoins, will attempt to increase the fungibility of the automated management systems based on Polygon by employing Polygon’s high-speed, uncomplicated technology. The Polygon Network is set to become the launchpad for the earliest stablecoin...
Poly Hacker Prolongs Return of Funds, Offered Position of Chief Security Advisor
17.8.2021
The biggest decentralized finance (DeFi) hack, of interoperability protocol Poly Network, with roughly USD 600m stolen is not over just yet, as the attacker has not yet provided the final key of the multisignature wallet, stating that they will provide it "when everyone is ready."...
Unizen’s CeFi & DeFi Ecosystems Will Be Supported By Chainlink Price Feeds
17.8.2021
Unizen has taken a step further for its users. According to the latest updates, Chainlink Price Feeds have been integrated into the Unizen CeDeFi exchange. This advancement will empower users to make decisions based on tamper-resistant, up-to-date, and accurate price information. The integration...
Momentum 6 Partners With HydraSwap As a Strategic Investor
16.8.2021
On 15 August 2021, HydraSwap broke the much-anticipated news of its partnership with Momentum 6 to the entire community. Momentum 6, which specializes in investment and business expansion consultancy, has decided to strategically invest in HydraSwap, like many others. It currently targets...
'Shall We Play a Game', Asks Poly Network Hacker Upon Returning the Funds
13.8.2021
As nearly all stolen funds from the massive hack of the decentralized finance (DeFi) interoperability protocol Poly Network have been returned, the hacker continued their Q&A session, consciously providing some clues about their identity - as well as saying they have been offered half a million...
Reef Finance Incorporates Jax.Network Into Its Marketplace
13.8.2021
The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with...
Forward Protocol Joins Reef Chain via Reef Finance
12.8.2021
On August 11, Reef Finance welcomed Forward Protocol on the Reef blockchain network’s ecosystem. Forward Protocol is renowned for its unorthodox methods, which seek to augment the quality of learning. Their USP is a decentralized and self-reliant network. They will grant the international...
Poly Network Hacker Keeps Sending Funds Back, Returns USD 342M
12.8.2021
The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network has returned more than half (in USD terms) of the stolen funds so far.
Per the latest data provided by Poly Network, as of August 12, almost USD 342m of assets has been returned. This includes:
On Binance Smart...