Value DeFi protocol suffers $6 million flash loan exploit
After a boast about the protocol’s resiliency, Value DeFi loses $6 million to exploit Go to Source Powered by WPeMatico
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After a boast about the protocol’s resiliency, Value DeFi loses $6 million to exploit Go to Source Powered by WPeMatico
PRESS RELEASE. PARSIQ is a working platform that makes blockchain events consumable and blockchain data actionable. It allows users—both individuals, companies, enterprises—to monitor any events across different blockchains in real-time and at scale and connect those events to any off-chain apps or devices to automate different workflows. A blockchain-to-everything monitoring service PARSIQ was announced to … Read more
Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving away from the overhyped space and back into bitcoin. According to Coingecko data, Andre Cronje’s Yearn Finance (YFI) fell fastest, crashing 56% to around $10,400 as of Nov. 1, down from … Read more
Aave’s core developers have transferred governance rights over to AAVE token holders, giving its community control over the future of the protocol. Go to Source Powered by WPeMatico
Where do NFTs fit into DeFi, what’s next for a space awash with funding, and how do DAOs manage NFT content? Jesse Johnson discusses with Cointelegraph Go to Source Powered by WPeMatico
As decentralized finance (defi) has become more popular, digital currency proponents are making money off of more than 140 yield-bearing cryptocurrencies. While most of the defi ecosystem revolves around the Ethereum network, a number of people leverage these defi applications in order to earn more bitcoin. The following list is a few defi platforms that … Read more
The vast majority of DeFi projects still have the ability to enter ‘God Mode’ and unilaterally make changes to pretty much everything. Go to Source Powered by WPeMatico
Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Go to Source Powered by WPeMatico
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time soon. In just a short … Read more
Data shows DeFi platforms and their users are rapidly increasing their use of USDC stablecoin after Curve Finance launched. Go to Source Powered by WPeMatico