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Tag: defi

Curve Finance Exploit: $100M Crypto at Risk
defi

Curve Finance Exploit: $100M Crypto at Risk

Thomas PittJuly 31, 2023July 31, 2023

Curve Finance, a popular decentralized finance (DeFi) protocol, recently encountered a major security breach that has put more than $100…

Ethereum’s Demise: Liquid Staking Tokens Crush
defiethethereum

Ethereum’s Demise: Liquid Staking Tokens Crush

Vera MoseleyJuly 31, 2023July 31, 2023

Ethereum, the second-largest cryptocurrency by market capitalization, has been dominating the decentralized finance (DeFi) space for quite some time. There’s…

Upbit Halts Curve Finance Trading After $100M Exploit
defi

Upbit Halts Curve Finance Trading After $100M Exploit

Gasper FoutsJuly 31, 2023July 31, 2023

Cryptocurrency exchange Upbit recently decided to halt all trading activities related to Curve Finance’s token after a massive exploit resulted…

Exploited Curve Finance Pools: $24M Loss
blockchaindefi

Exploited Curve Finance Pools: $24M Loss

Teodorico RalstonJuly 30, 2023July 31, 2023

Curve Finance, a decentralized exchange (DEX) built on the Ethereum blockchain, has fallen victim to a reentrancy vulnerability resulting in…

Trader’s $12.3M Redemption Marks Largest Daily Burn for Rocketpool
cryptoethereum

Trader’s $12.3M Redemption Marks Largest Daily Burn for Rocketpool

Sile RabideauJuly 27, 2023July 27, 2023

In a groundbreaking move for the cryptocurrency world, a trader has successfully redeemed $12.3 million worth of Rocketpool’s Staked Ether…

Central Bank of Italy Collaborates with Polygon and Fireblocks for Tokenized Asset Exploration
blockchaindefitechnology

Central Bank of Italy Collaborates with Polygon and Fireblocks for Tokenized Asset Exploration

Casey CraneJuly 26, 2023July 26, 2023

Italy’s Central Bank, also known as Banca d’Italia, has taken a significant step towards the integration of decentralized finance (DeFi)…

MakerDAO Halts Lending After $2M Loan Default
defi

MakerDAO Halts Lending After $2M Loan Default

Ania StraightJuly 20, 2023July 21, 2023

In a recent move to mitigate potential risks, MakerDAO, the decentralized autonomous organization behind the DAI stablecoin, has voted to…

AnubisDAO Loses 13.5K ETH in Tornado Cash Money Wash
defi

AnubisDAO Loses 13.5K ETH in Tornado Cash Money Wash

Arel TruexJuly 17, 2023July 17, 2023

AnubisDAO’s recent rug pull has sent shockwaves through the cryptocurrency community, leaving investors and enthusiasts questioning the credibility and security…

Digital Pound in UK Faces Public Backlash: Why?
currencydefitechnology

Digital Pound in UK Faces Public Backlash: Why?

Zenia JohnstonJuly 14, 2023July 14, 2023

The United Kingdom’s digital pound initiative has recently faced a significant public backlash, leaving many to question the reasons behind…

DeFi Protocol Shutting Down with Majority Algorand Stake
defi

DeFi Protocol Shutting Down with Majority Algorand Stake

Nidia MowenJuly 11, 2023July 11, 2023

DeFi, or decentralized finance, has been at the forefront of the rapidly evolving fintech landscape. It has revolutionized traditional financial…

Luxury Watch NFT: Collateral for DeFi Loan
blockchaindefi

Luxury Watch NFT: Collateral for DeFi Loan

Cary RoquemoreJuly 11, 2023July 11, 2023

Decentralized Finance (DeFi) has revolutionized the way individuals interact with financial services by allowing them to bypass traditional banks and…

BOND Token Price Dips 10% Amid BarnBridge’s SEC Investigation
defimarketnews

BOND Token Price Dips 10% Amid BarnBridge’s SEC Investigation

Horace BashirJuly 7, 2023July 7, 2023

In a shocking turn of events, popular decentralized finance (DeFi) platform BarnBridge is now under investigation by the US Securities…

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