DeFi Protocol Loses Over $12M In Bitcoin In Recent Hack

2021-9-20 15:10

DeFi bridging Protocol, pNetwork, is the most recent protocol to be targeted by a cyber attack. An unknown hacker has stolen about $12. 7 million worth of tokenized Bitcoin from the Binance Smart Chain-based cross-chain platform.

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Prediction: Is ThorChain (THOR) a good investment in July 2021?

THORChain RUNE/USD is the decentralized liquidity protocol that allows users to exchange crypto assets across a range of networks without losing custody of the assets throughout the process. The protocol has been gaining a lot of traction in recent days but does this mean you should buy ThorChain now?  THORChain and its various offerings THORSwap, […] The post Prediction: Is ThorChain (THOR) a good investment in July 2021? appeared first on Invezz.

2021-7-6 18:07


HashEx: 20 Million Users Might Be Threatened by SafeMoon’s Critical Vulnerabilities

The SafeMoon DeFi protocol is the latest project to have vulnerabilities revealed in its smart contract code. A recent audit conducted by analysts from HashEx, a blockchain security consulting firm, has revealed that 12 critical vulnerabilities are placing the funds of over 20 million users and the protocol with over $3.5 billion in market capitalization […]

2021-5-26 14:05


Charles Hoskinson: Cardano’s PoS Consensus Protocol is ‘1.6 Million Times More Efficient Than Bitcoin’

In a recent interview, the IOHK CEO spoke on the climatic impact of BTC mining and how Cardano is different in its approach. Cardano Is 1. 6 Million Times More Energy-Efficient Than Bitcoin Mathematician and former co-founder of Ethereum blockchain Charles Hoskinson said in a Forbes interview that Bitcoin’s proof-of-work (PoW) consensus algorithm is energy-intensive due […] The post Charles Hoskinson: Cardano’s PoS Consensus Protocol is ‘1.

2021-4-27 15:37


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BitTorrent’s BTFS Protocol to Be Added to ColdStack Storage Library

Decentralized cloud aggregator ColdStack has inked a partnership with BitTorrent to integrate the BitTorrent File System (BTFS) into the ColdStack ecosystem. Bringing BitTorrent into ColdStack Ecosystem In a recent announcement, “Uber for Clouds” ColdStack stated it had entered into an alliance with BitTorrent, the company behind the largest decentralized P2P communications protocol for distributing dataRead More

2021-4-13 15:45


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Warp Finance Comes Back with a Vengeance Following Hack

While hacks and other cyberattacks can often be devastating in today’s digital era, decentralized finance (DeFi) startup Warp Finance bounced back from a recent flash loan attack in record time.  Warp Finance’s Warp Protocol allows liquidity provisioning (LP) tokens to collateralize stablecoin loans, a totally novel function that provides its users with significant value. However,Read More

2021-2-8 21:14


IOHK relaunches Mantis to offer Ethereum Classic community a more secure future

Global blockchain research and development company IOHK has announced that it is relaunching the ‘Mantis’ client, which was originally developed for Ethereum Classic (ETC) by IOHK in 2017. The decision to relaunch follows the recent 51% attacks on Ethereum Classic, which have exposed vulnerabilities in the protocol, making it clear that ETC is in need […] CryptoNinjas » IOHK relaunches Mantis to offer Ethereum Classic community a more secure future

2020-12-10 07:35


Binance Backed Layer-2 DEX, Injective Protocol, Launches Solstice Testnet

Injective Protocol, the Binance backed cross-chain DeFi derivatives trading platform, is launching its testnet according to a publication on TechCrunch yesterday. This milestone comes as a significant step in the DeFi derivative market where action has been picking up in recent months; Injective Protocol plans to bridge the existing gap between chains so that derivative […] The post Binance Backed Layer-2 DEX, Injective Protocol, Launches Solstice Testnet first appeared on BitcoinExchangeGuide.

2020-12-5 21:18


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Etherisc-Powered Smart Contract Insurance Platform to Aid Kenyan Farmers

The Chainlink Community Grant Program is funding a blockchain project to aid smallholder farmers in Kenya. Using Blockchain to Help Farmers In a recent announcement, the Chainlink Community Grant Program revealed that it was funding a low-cost insurance project between decentralized insurance protocol named Etherisc and ACRE Africa, an Africa-based micro-insurance issuer.

2020-11-16 15:00