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Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors. Go to Source Powered by WPeMatico
Terra Protocol’s successful DeFi and stablecoin launch were followed by a 66% rally that brought LUNA’s market cap to $200 million. Go to Source Powered by WPeMatico
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many … Read more
Four hacks in a week are too much, even for DeFi. Go to Source Powered by WPeMatico
Small loans for $100 are uninteresting to liquidators, and they’re cheap to stack up. Go to Source Powered by WPeMatico
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind the Maker project aims to make it … Read more
A relatively benign attack highlighted the potential threat of flash loans. Go to Source Powered by WPeMatico
The pullback in the value of Yearn.finance and Aave signals that the DeFi market may be oversold but increasing revenues of the top projects suggests otherwise. Go to Source Powered by WPeMatico
The community had originally voted in favor of compensation, but the final tally showed a different outcome. Go to Source Powered by WPeMatico
Large Makerdao holders decided not to compensate the victims that were liquidated during the unexpected flash crash that took place on March 12, otherwise known as ‘Black Thursday.’ An aggregate total of 38 votes was cast and more than 65% of the governance portal participants voted for zero compensation. The day after March 12, otherwise … Read more
