DeFi is one of the most potential sectors in the crypto ecosystem. Many believe that the industry has the potential to disrupt our mainstream banks. But the industry is also too hot as it faced severa...
Tag: DeFi
Binance app to integrate PancakeSwap, Binance DeFi Wallet
Binance, the world’s largest centralized crypto exchange by trading volume, is announcing the integration of the popular PancakeSwap into Binance’s app. PancakeSwap is currently the most popular decen...
DeFi Platform 1inch Announced Wallet Support For NFTs.
1inch, a decentralized exchange that aims to offer the best rates via its discovery of the most efficient swapping routes, has announced that NFT support is integrated into the 1inch Wallet. Through t...
DeFi platform 1inch adds wallet support for NFTs » CryptoNinjas
1inch, a network of blockchain protocols for operating in the DeFi space, today announced that NFT support has been added to the 1inch Wallet. Thanks to the integration of the OpenSea API in collabora...
DeFi Blue-Chip Token Aave Up 17% Amid Latest Upgrade
The latest upgrade to lending and borrowing protocol Aave has been greeted with a swell of buying activity. The project’s native ERC-20 token AAVE, which is used for staking and governance on th...
Ethereum DeFi Tokens Aave, Maker, Synthetix Lead Market Surge
Key Takeaways DeFi blue chips are surging as the market picks up. Aave, Maker, and Synthetix have all rallied following positive protocol updates. Despite many blue chip protocols falling in value ove...
Paribus New DeFi Platform To Enable Users To Borrow
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Newly Launched Singaporean-founded DAO Protocol to bring DeFi to new heights
Advertisement     We’re now in the age of the DeFi boom, with a few hundred billion worths of TVL in the DeFi industry. As we’ve seen from the examples of Olympus DAO ...
Aussie fintech to offer mainstream direct access to DeFi with a fixed rate
Australian fintech company, Block Earner, has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance (DeFi) technology. Block Earner ha...
Hundred Finance Loses $6.5 Million in DeFi Reentrancy Attack
DeFi lending protocol Hundred Finance has lost roughly $6.5 million in a reentrancy attack that took place on March 16. The attacker exploited the loan contract and used Tornado Cash to hide their tra...
Treehouse Successfully Raises $18 Million for Futuristic DeFi Analytics Platform
Treehouse recently announced raising US$18 million to construct the DeFi analytics platform of the future, which they are quite excited about. Mirana Ventures, MassMutual Ventures, Binance, Global Fou...
Cardano Sees Nearly $100 Million in DeFi After March, Surpassing Kusama in TVL: Details
According to data from DefiLlama, at a total value locked (TVL) of 294.17 million (staking included), Cardano has flipped Kusama, Polkadot’s canary network, in terms of TVL. Kusama’s TVL s...
LeoFinance Founder Khal Kazi Discusses PolyCub and How DeFi and Web3 Can Change Your Life – Interview Bitcoin News
The LeoFinance Team began it’s blockchain journey three years ago when they built the tokenized social app called LeoFinance.io, which became the backbone of a much bigger Web3 Ecosystem that has cont...
Aave set to launch third version of its DeFi protocol across six networks
advertisement DeFi lending platform Aave has announced the launch of the third version of its protocol, promising more security, decentralization, and capital efficiency for users. Aave’s third versio...
Defi 2.0 meets yield optimization on the polygon network
PolyCUB is the first truly deflationary Yield Optimizer platform, and it is the result of seven months of research, Monte Carlo simulations, and development work. The LeoFinance Team began its blockch...
How these two DeFi protocols fell prey to $11 million ‘reentrancy attack’
On 15 March, an attacker siphoned over $11 million from two DeFi platforms, Agave and Hundred Finance. It appeared to be a flash loan ‘reentrancy attack’ on both protocols on the Gnosis chain as per i...
Agave and Hundred Finance DeFi protocols exploited for $11M
A hacker has made off with approximately $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI after using a “re-entrancy” attack on DeFi lending protocol applications Aga...
Proof of Reputation: The Future Of DeFi
Decentralized Finance (DeFi) has become one of the most popular concepts of the crypto world recently, and with good reasons. Its applications not only opens unprecedented opportunities to users of an...
Timechain Joins The Fireblocks Network To Push Institutional Adoption of DeFi And Crypto Higher
Timechain continues to push the boundaries of institutional cryptocurrency adoption through a strategic partnership with the Fireblocks network. Institutional interest in cryptocurrencies has risen st...
DeFi Lending Protocol Agave’s AGVE Plunges Over 20% Amid Exploit Investigation
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This Rugged FTM-Based Protocol Sends A Warning About DeFi Projects
The safety of the DeFi and especially the FTM ecosystem is shaking as “Tomb Fork” projects seem to be the perfect place for scams to thrive. Even after some investigation, what might look like a safer...
Interview: DeFi platform TrueFi unveil $750M SBP for Alameda
Typically, in the world of cryptocurrency, borrowers are forced to overcollaterise in order to take out a loan. Given the volatility of crypto, this is intuitive – overcollaterisation helps reduce the...
DeFi protocols Agave and Hundred Finance exploited on Gnosis Chain for $11 million
Quick Take The attacker introduced a reentrancy bug to steal funds using a flash loan exploit. The projects lost a combined $11 million in the attack, hours after a similar incident involving Deus Fin...
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance – Bitcoin News
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According t...
Multiply with DeFi – Invest in Tether (USDT), Ripple (XRP) & FIREPIN (FRPN)
Decentralised Finance (DeFi) has changed the fundamental design of money to one in which all players are treated equally. It allows for all transactions to be entirely decentralised – which means all ...
$3 Million in DAI and ETH Stolen From Deus Finance in the Latest DeFi Hack
Deus Finance was exploited, according to data from PeckShield, with the attacker swiping around $3 million in DAI and Ethereum (ETH). The blockchain security company explained that the hack was due to...
Cardano’s DeFi Hub Ardana Partners with Optim Finance: Details
Vladislav Sopov Major Cardano-based stablecoin and DeFi hub Ardana (DANA) has entered into partnership with cutting-edge ecosystem Optim Finance Contents Optim Finance is now able to leverage Ardana&#...
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols – Defi Bitcoin News
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. ...
Cardano-Based DeFi Project Bashoswap Developing a Launchpad and DEX
Bashoswap is a Cardano-based multi-protocol decentralized exchange that seeks to allow easy swaps between Cardano’s ADA token and other major crypto assets on the Cardano blockchain network. Bashoswa...
Ethereum: Assessing whether other chains in DeFi might soon take its place
Chains are keen to hike their total value locked [TVL] dominance as this is a way to amp up adoption and boost their presence in the space. Ethereum is thought to be the reigning DeFi alt, but as the ...