Some malicious players hacked Euler Finance to steal $197 million funds in total. The hack was carried out in four different transactions for $177 million, with two more attacks that added to the conc...
Tag: protocols
Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost funds for 11 different decentralized finance (DeFi) protocols, according to Dec. 13 repo...
Rootstock integrated 7 DeFi protocols in February
Rootstock, a censorship-resistant and permissionless Bitcoin sidechain, added seven DeFi protocols, integrated new tools, and removed the BTC/rBTC two-way peg as they move closer to complete decentral...
Crypto Hackers Stole $386,200,000 From DeFi Protocols via ‘Oracle Manipulation Attacks’ in 2022: Chainalysis
One specific method of hacking decentralized finance (DeFi) protocols is on the rise, according to blockchain data platform Chainalysis. In a new blog post, the market intelligence firm estimates that...
Why Layer 2 Protocols Matter
Like their L1 counterparts, L2 protocols generally have their own native token, which serves as an incentive to use the network. As an investor, I view a layer 2 as an investment in the infrastructure...
DeFi protocols lost over $21m to hackers last month
DeFi protocols suffered substantial losses of $21.4 million from hacks in February, according to data from multi-chain TVL aggregator DefiLlama. This represents a staggering increase of 2,793% from th...
Coinbase Protocols Lead Talks Plans for Base and NFT Marketplace
Coinbase Protocols Lead Talks Plans for Base and NFT Marketplace Coinbase protocols lead Jesse Pollak sat down with Decrypt’s Jason Nelson at ETH Denver 2023 to talk about the company’s in...
Several Leading DeFi Protocols Are Still Controlled by Whales
Decentralization is a key component of any crypto network. However, some of the industry’s leading DeFiDecentralized Finance (DeFi) are financial services built on blockchain technology. It seeks to e...
Are Ankr Protocol’s long-term holders back to take their cut in the market
Several ANKR dormant addresses began transferring the token to exchange after a recent value hike. Investors sentiment has decreased but circulation remains high. Holders of Ankr Protocol [ANKR] might...
Liquid staking TVL now second-largest among DeFi protocols
Ad The total value of assets locked (TVL) in liquid staking derivatives (LSD) protocols rose to $14.09 billion — making it the second-largest DeFi category, according to Defillama data. The DeFi categ...
Base Protocol’s token jumps 250% despite no affiliation with Coinbase
Base Protocol’s token skyrocketed today, reaching a high of nearly $7.50 around 11:30 a.m EST after months of price stagnation below $1. The spike may have been caused by a misunders...
ACS Price Explodes After Access Protocol’s Public AirDrop
Join Our Telegram channel to stay up to date on breaking news coverage The Access Protocol has had a lot going for it over the past few days as the Web3 paywall scales its vision to revolutionize digi...
7 Million Ethereum (ETH) Locked on Liquid Staking Protocols
The number of Ethereum tokens locked in liquid staking derivatives protocols has surpassed seven million, according to data from Defillama. Currently, the total value of assets locked on these platfor...
Will The SEC Staking Hammer Hit Validators and Protocols Next?
Last week, Coinbase CEO Brian Armstrong sent the crypto staking verse into a speculative frenzy — with one tweet thread positing “rumors” that the SEC wanted to “get rid of” crypto staking for US reta...
Gridex Protocol’s airdrop of 4,000,000 GDX snapped up within 24 hours!
The Gridex team has announced the successful completion of a 4,000,000 GDX token airdrop in less than 24 hours. More than 3 million addresses were eligible for the airdrop on 13th February, with the f...
Multichain DEXs are on the rise with new protocols enabling them
Decentralized exchanges (DEXs) have become increasingly popular in recent years due to their ability to offer users a high degree of control over their assets and a more secure trading environment tha...
BendDAO NFT Liquidity Protocol’s Reserve Climbs Above 90,000 ETH
BendDAO Accumulates 90,602.54 ETH in its internal reserve. BAYC, MAYC, Azuki and Cryptopunks top BendDAO’s supplies with 430, 525, 337, and 66 respective individual supplies. A total of 563 borrowers ...
What Are The Most Important DeFi Protocols?
DeFi is shorthand for “decentralized finance,” a way of conducting financial business utilizing peer-to-peer networks, blockchains, and other developing technologies to eliminate intermediaries and ce...
DeFi Protocols Do Fist Bumps To Promote Web3 Values
Fist bump emojis rolled out through crypto Twitter in the past 24 hours, bursting through feeds tuned to tuned to DeFi—but it wasn’t just another viral trend among crypto and web3 profiles. It w...
Hackers stole over $6b from DeFi protocols in 2022
In 2022, there was a spike in hacking activities in the decentralized finance (DeFi) sector. 2022 DeFi hacks reach $6b Hackers stole over $6b, as crypto analyst Kofi, using DefiLlama data, reported o...
NEAR Protocol’s [NEAR] key divergence calls for investors’ caution
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion NEAR was bullish at press time. But a key technica...
CZ says no Binance user incurred losses from Orion Protocol’s hack
Binance CEO, Changpeng Zhao, said that no Binance users or assets were affected by the Orion Protocol (ORN) $3 million hack. Changpeng Zhao tweeted that the Orion Protocol (ORN) hack was due to a lack...
$110 Million Stolen From DeFi Protocols BonqDAO and AllianceBlock
Self-sovereign financial services provider BonqDAO has been exploited through an oracle hack leading to the theft of $110 million in crypto from the protocol. During the exploit, the attacker managed ...
Cardano Announces eTukTuk EV, Tesla Bats for Dogecoin Again, And Snowfall Protocol’s Price Skyrockets By 3700%
Snowfall Protocol (SNW) has infused positive sentiments into the market with its presale phase growth. Notably, Snowfall Protocol (SNW) has grown by 3700% in its presale phase, which is set to end on ...
Snowfall Protocol’s (SNW) great launch is on its way
SPONSORED POST* The world of cryptocurrency is constantly evolving. In this article, we’ll take a closer look at some of the latest news and updates from Threshold (T), Tezos (XTZ), and Snowfall Proto...
Top 10 DeFi protocols were in green during January
According to the decentralized finance (DeFi) total value locked (TVL) aggregator, DeFi Llama, the total DeFi TVL has reached $47.94 billion, up by 3% in the past 24 hours while hitting a two-month-hi...
Why Avalanche protocols are not the only crucial elements to AVAX rejuvenation
Protocols under the Avalanche chain contributed to the TVL $800 million growth. AVAX would need to maintain several uptick on-chain to overcome a fall. According to information from DeFi Llama, protoc...
Four RWA lending protocols rank among top 10 lending apps with largest collected interest
Four Real-World Asset (RWA) lending protocols ranked among the top ten Defi lending protocols that collect the largest sum of 180-day cumulative interest fees paid by users, according to crypto influe...