Bitcoin (BTC) held above $37,000 on Friday and was up about 3% over the past 24 hours. Meanwhile, some alternative cryptocurrencies began to stabilize after a volatile week. Analysts were also looking...
Tag: DeFi
Ambire’s Popular Defi Wallet Launches Governance Token To Go With the Product
After the successful launch of its wallet, Ambire is launching a governance token to go with the DeFi product. Ambire (formerly AdEx Network) last month launched a DeFi wallet that now has 45,000 use...
DeFi scammers tracked down after a $25 million rug pull
TL; DR Breakdown DeFi scammers tracked down after rug pull StableMagnet scammed over 1000 investors Vigilante narrates how the scammers were arrested The digital finance world is one of the most compl...
Cyber vigilante hunts down DeFi scammers running away with $25M rug pull
In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossib...
Founder Misconduct, Volatility, And Reflexivity —DeFi Chronicles
DeFi markets have experienced a rollercoaster of emotions the past 24 hours. getty Over the past 48 hours, DeFi and Crypto Twitter have been on a wild ride. The rollercoaster initiated when CoinDesk r...
DeFi platform Qubit Finance begs hacker to return $80 million in stolen funds
The loss of funds has a profound effect on many people Hacker stole 206,809 binance coins It is worth more than $80M Losing $80 million worth of BNB tokens in a new hack, Qubit Finance joined the app...
Solana’s DeFi Land Announces First NFT Sale: Details
Vladislav Sopov GameFi ecosystem DeFi Land is going to sell 7,500 seeds as NFTs on two platforms Contents Journey to Gen-0 Utility NFTs has just started After successful funding and testing, mainnet r...
Google enters digital innovation with DeFi, blockchain and cryptocurrency
DeFi, crypto and blockchain pose a serious tool of innovation for Google Google Cloud Digital Assets team has been formed to assist in blockchain-based endeavors Google Cloud customers could soon ma...
GameFi Unit DeFi Land Announces Land NFT Seed Sale ⋆ ZyCrypto
Advertisement     DeFi Land, a Solana-based GameFi platform, is elated to announce its Land NFT Seed Sale, introducing a new chapter for its ecosystem. As per the anno...
Nansen Report Highlights Growth of Defi and NFTs in 2021 – Defi Bitcoin News
Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep g...
Hackers Siphon Off $80 Million in Cryptocurrency from Qubit DeFi platform
Decentralized finance is often considered hackproof. However, hackers are an ingenious lot and have devised methods to breach the seemingly invincible fortress of cryptocurrency. In the latest hack co...
Bitcoin Stalls Below $40K; Analysts Point to Risk in DeFi
LUNA, Terra’s native token, was down as much as 10% during the past 24 hours due to yet another scandal. LUNA is on Abracadabra, a DeFi lending platform run by Sestagalli. LUNA was partly created for ...
$80M Stolen From BSC-Based Qubit Finance In Latest DeFi Hack
A hacker has stolen $80 million in Binance Coin (BNB) after exploiting a critical vulnerability issue in the smart contract code deployed by decentralized finance (DeFi) protocol Qubit Finance on its ...
DeFi protocol Qubit Finance exploited for $80 million in a recent hack
Losing $80 million worth of BNB tokens in a recent hack, Qubit Finance joined the unfortunate list of exploited DeFi protocols on Binance Smart Chain (BSC). The DeFi lending protocol reported the inci...
AAVE, ALGO, And LINK Thrive To Eliminate DeFi Frauds! Meet The Emerging Leaders Of DeFi!
DeFi made headlines with its meteoric rise in market cap in early 2021, but it correspondingly uncovered the sector to potential cyber threats. Along with a total of 10x market growth, illicit transac...
Year in review: Coinbase reflects on VC funding, DeFi investments & NFTs
Coinbase is looking back on 2021, and there are some formidable stats to wade through as we understand the growth of the exchange and the crypto space in just a year. Time to have “fund” In 2021, vent...
‘NFTs for DeFi Natives’: OlympusDAO Launching NFT Marketplace
This story comes out of PubDAO, a decentralized news wire. While we’ve seen plenty of DAOs get into NFT collecting and investing, we haven’t yet seen a DAO actually build out a platform for the ...
Bringing Cross-DEX & Cross-Chain Trading to DeFi
Primex Finance is a decentralized finance protocol for digital assets, which enables DEX-agnostic cross-margin trading with scoring systems. DeFi is one of the most successful areas of blockchain-base...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date – Bitcoin News
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Da...
DeFi Wallet Ambire Gains Momentum, Launches WALLET Token on Huobi Primelist
January 28, 2022 – Sofia, Bulgaria DeFi-focused crypto wallet by Ambire is launching its much anticipated governance token on the Huobi exchange. Ambire Wallet is a new-generation, non-custodial and o...
New SEC Proposal Could Be a Disaster for DeFi Exchanges
Key Takeaways A New SEC proposal looking to expand the definition of a securities exchange could threaten DeFi. The proposal aims to broaden the definition of an exchange to any system allowing buyers...
Ethereum, Cardano, Polygon, Solana, Avalanche And Polkadot Deathmatch. Who Wins, Who Dies?
Clash of the tokens getty When you click on a DeFi project and it tells you it needs $200 of ethereum to pay for the transaction, the dream of fast cheap transactions from crypto are shown to be a lie...
AstroSwap (ASTRO) Introduces Multi-Chain DeFi Ecosystem
Vladislav Sopov AstroSwap (ASTRO) platform introduces Velas (VLX) fee refunds for every transaction Contents AstroSwap DEX finally goes live on Cardano Expansion to Solana (SOL) is in the cards AstroS...
DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga
According to Bloomberg, a decentralized finance project called Wonderland involving a felon associated with Canadian cryptocurrency exchange Quadriga has sparked widespread controversy, turning DeFi i...
BSC-Based DeFi Project Qubit Finance Exploited for $80 Million in BNB
The Binance Smart Chain-based protocol Qubit Finance reported being hacked for $80 million worth of BNB. The attackers managed to create the illusion that they had deposited large amounts of xETH coll...
Qubit Finance losses $80M in latest DeFi exploit
TL:DR Breakdown: About $80 million in crypto assets were stolen from Qubit Finance’s bridge. The hacker exploited an error in the protocol’s code to mint and borrow assets with zero funds deposited. A...
DeFi Protocol Qubit Finance Hacked, Lost $80 Million
Qubit Finance, a Binance Smart Chain-based decentralized finance (DeFi) protocol, was recently attacked, resulting in the theft of more than $80 million worth of cryptocurrencies Cryptocurrencies ...
Mettalex and S&P Global Platts Join Hands to Scale DeFi and Empower Commodity Traders
Mettalex, a decentralized commodities derivatives exchange on Fetch.ai, is integrating industrial-grade price feeds in the DeFi ecosystem leading to higher blockchain efficiencies following their part...
DeFi Protocol Qubit Finance Exploited For $80M
Binance Smart Chain-based Qubit Finance was exploited for over $80 million by attackers on Friday morning, developers confirmed in a post. “The hacker minted unlimited xETH to borrow on BSC. The team ...
The Privacy That DeFi Needs to Succeed
Imagine a cash-starved manufacturer in Toledo, Ohio, that has a good idea for a product. It could go to its banker for financing, but instead it turns to DeFi. In a jiffy, it tokenizes a bunch of rece...