Blockchain security firm PeckShield raised an alert on Sunday that DeFi protocol Inverse Finance has been exploited with hackers draining around $15 million. According to findings by the security firm...
Tag: Finance
Over 50% of Americans Believe Crypto Will Be The Future of Finance (Survey)
According to a recent poll conducted by StarkWare, 53% of the participants see cryptocurrencies as the “future of finance.” Unsurprisingly, young people (between 25 and 34 years old) are more bullish ...
DeFi protocol Inverse Finance suffers exploit, loss of $15 million in crypto
Inverse Finance, a lending-focused decentralized finance protocol, was the target of an apparent exploit on Saturday, with approximately $15 million worth of crypto lost during the incident. The situa...
Millions Drained From Ethereum DeFi Protocol Inverse Finance
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the...
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says – Regulation Bitcoin News
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has n...
Ola Finance Suffers Re-Entrancy Hack, $3.6m Exploited From DeFi Protocol
Decentralized finance protocol Ola Finance has suffered a re-entrancy attack which saw some $3.6 million worth of crypto drained from its protocol. Blockchain security firm PeckShield issued a disclos...
Solana (SOL) & Cardano (ADA) Explode In Price, Will Caprice Finance (CFT) Be Next?
The crypto market has seen a significant increase over the weekend with nearly every single coin rising in price. Market leader, Bitcoin (BTC), is currently holding support above $47k, a level it hasn...
Hector Finance Announces the Launch of its Hotly Anticipated Cross-Chain DEX
Advertisement     Hector Finance, a multi-chain protocol built on the Fantom network, has announced the launch of its hotly anticipated DEX. The Hector DEX supports th...
Bitcoin mining finds fresh support from Russian Finance Ministry
As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support for Bitcoin (BTC) mining. Russia should encourage the develo...
Can Logarithmic Finance (LOG) Make You a Millionaire Like Crypto Giants Monero (XMR) and PancakeSwap (CAKE)?
Place/Date: – April 1st, 2022 at 11:44 am UTC · 4 min read Source: Logarithmic Finance Any investors who are looking for a new crypto that could potentially make you a millionaire should look no...
DeFi Cryptocurrencies to Make You Rich – Terra (LUNA), Tezos (XTZ), and Logarithmic Finance (LOG)
Place/Date: – April 1st, 2022 at 11:36 am UTC · 3 min read Source: Logarithmic Finance Cryptocurrency has truly breached the mainstream consciousness. Before last year, Bitcoin (BTC) was the onl...
Ola Finance Loses $3.6 Million in Latest DeFi Hack
Commenting on the attack, Ola Finance noted it was still investigating the incident. It promised to provide a detailed report. Lending protocol Ola Finance has announced the loss of funds amounting to...
OneStake Finance Looks To Solve DeFi 2.0 Liquidity Locking Problems As Seed Round Officially Commences – crypto.news
One of the most commonly faced issues with DeFi 2.0 is liquidity locking. The current chain usually involves a process wherein there is an asset for which a liquidity pair (LP token) is formed, and th...
Alpha Finance Lab Launches Alpha Venture DAO For Web3 Devs
Alpha Finance Lab (ALPHA), a cross-chain DeFi platform, has announced the launch of Alpha Venture DAO for builders. The goal is to create a profitable community for Web3 builders and users, as well as...
Ola Finance Loses $4.6M in Latest DeFi Exploit
Another decentralized finance (DeFi) protocol has been exploited in the same week that the industry reported its largest ever hack. Decentralized lending protocol Ola Finance has been exploited for ar...
30% crypto tax becomes law in India following Finance Bill approval
The Indian Finance Bill 2022, with new 30% crypto tax rules, was approved on Thursday by the Rajya Sabha, the upper house of the Indian parliament, to make it a law, which will come into effect starti...
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance – Finance Bitcoin News
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). ...
Ola Finance Hacked for $4 Million: Details
Vladislav Sopov “Lending-as-a-Service” provider Ola Finance was drained today in an eccentric hack Contents Two protocols, two blockchains, six assets: another sophisticated hack in DeFi A...
Composable Finance Raises over $32 Million for Cross-Chain Composability
Place/Date: – March 31st, 2022 at 6:57 pm UTC · 4 min read Source: Composable Finance Photo: Composable Finance Composable Finance is pleased to announce that it has raised $32 million in Series...
Alpha Finance Lab Launches Alpha Venture DAO Helping Builders Tap the Best Mindshare in Web3
Place/Date: Bangkok – March 31st, 2022 at 2:01 pm UTC · 4 min read Contact: Nat Wittayatanaseth, Source: Alpha Finance Lab Photo: Alpha Finance Lab Alpha Finance Lab is launching Alpha Venture D...
Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability – Finance Bitcoin News
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, ...
Alpha Finance Lab Introduces Alpha Ventures DAO, Partners with Terraform Labs
Vladislav Sopov Alpha Finance Lab launches novel VC funding mechanism, together with key figureheads of Web3 and DeFi segments Contents Alpha Ventures DAO launches with top VC investors and Web3 entre...
Voltage Finance Suffers $4 Million Stablecoin Theft
Key Takeaways Voltage Finance was the target of an attack today that resulted in more than $4 million stolen from the platform. According to one security firm, a reentrancy bug allowed attackers to dr...
Composable Finance Raises $32 Million in Series A
Composable Finance is pleased to announce that it has raised $32 million in Series A funding. The round included notable investors in the space. GSR, Tendermint Ventures, Fundamental Labs, Coinbase Ve...
Alpha Finance Lab Launches Alpha Venture DAO Helping Builders Tap the Best Mindshare in Web 3.0
March 31, 2022 – Bangkok, Thailand Alpha Finance Lab is launching Alpha Venture DAO, a builders’ DAO, where builders and web 3.0 users meet to build and incubate cutting-edge web 3.0 innovation. Build...
Ola Finance Exploited for $3.6M in Re-Entrancy Attack
The attacker began by withdrawing funds using Tornado Cash, which enables users to transfer crypto without leaving a trace. After transferring the funds to the Fuse network, the borrower used them as ...
Alpha Finance Lab rebrands to Alpha Venture DAO, to support decentralised Web3 innovation
Alpha Finance Lab has today rebranded and launched a decentralised autonomous organisation (DAO) fund to help accelerate the growth of Web3. The Alpha Venture DAO will be “a Builders’ DAO,” and will o...
Alpha Finance Lab Launches Alpha Venture DAO
Alpha Finance Lab launches Alpha Venture DAO, bringing together builders, operators, and Web3 users to expand the boundary of Web3 innovation. Together with Terraform Labs, Alpha Venture DAO brings mo...
Ola Finance on Fuse Network suffers $3.6 million hack
Lending protocol Ola Finance suffered a hack today on Fuse Network, one of the many blockchains it operates on, with the attacker pocketing an estimated $3.6 million in various assets. The incident in...
What is Caprice Finance: Is it one of the Best New Cryptocurrency opportunities?
What is Digital Finance? Decentralised Finance, or DeFi, is a term that refers to a kind of technology that makes use of secure distributed ledgers. It is a wide term that refers to a multitude of thi...