2022-2-6 18:01 |
Not a $320 million steal, but still, it is more than one protocol can afford to lose origin »
|
Ankr says a former employee exploited the protocol via a supply chain attack. The attacker stole $5 million from the protocol after minting 6 quadrillion aBNBc tokens and finally swapping them into USD Coin (USDC).
2022-12-22 20:31 | |
|
|
Original decentralized finance (DeFi) protocol, MakerDAO has released the financial report for April 2021. Yet again, the protocol recorded growing income for the month. Maker DAO broke past the $12 million this time, up 44% from the previous month’s $8.
2021-5-3 19:29 | |
|
|
Spartan protocol team ensures that they will rebuild with a focus on review, unlike Uranium Finance which, after the $50 million exploit, said the project won’t be reborn and is currently activating the distribution of 300k.
2021-5-3 17:11 | |
|
|
On May 1, 2021, Spartan Protocol pools faced an exploit event that led to the loss of $30 million. The hack emerges from a miscalculation of the liquidity shares whereby a digital token in a pool is burnt to obtain the specific asset.
2021-5-3 10:01 | |
|
|
Decentralized finance (DeFi) protocol Notional Finance is the latest to attract big venture capital investments with the announcement of a $10 million seed round. The post Notional Finance DeFi Raises $10M for Fixed Rate Lending appeared first on BeInCrypto.
2021-4-30 10:30 | |
|
|
CryptoNinjas » Notional Finance raises $10M in Series A to bring fixed rates to DeFi Notional Finance, a protocol on Ethereum that facilitates fixed-rate, fixed-term crypto-asset lending and borrowing through a novel financial instrument called fCash, today announced the completion of a $10 million Series A funding round from institutional investors.
2021-4-30 19:07 | |
|
|
Ahead of the release of Swipe V2 white paper, Joselito Lizarondo, Swipe Founder & CEO who has also founded the BSC-based lending protocol Venus, shared his decision to burn all of his 60 million SXP.
2021-4-30 18:52 | |
|
|
Launched in 2018, Uniswap is a decentralized exchange protocol that allows users to swap between any two ETH-based tokens. Apart from providing a simple platform to liquidity providers, Uniswap has made the whole process of providing liquidity and earning trading fees a lot simpler.
2021-4-30 18:17 | |
|
|
British Virgin Islands – Launched in 2018, Uniswap is a decentralized exchange protocol that allows users to swap between any two ETH-based tokens. Apart from providing a simple platform to liquidity providers, Uniswap has made the whole process of providing liquidity and earning trading fees a lot simpler.
2021-4-29 14:33 | |
|
|
Uranium Finance has become the latest decentralized finance (DeFi) project on the Binance Smart Chain (BSC) network to suffer a hack, with the protocol losing about $50 million. $50 Million Drained from Uranium Finance Uranium Finance announced the news of the hack via its official Twitter handle on Wednesday (April 28, 2021). According to theRead More
2021-4-29 23:00 | |
|
|
BENQI recently announced it had completed its funding round, raising $6 million from external investors and advisors. BENQI is a decentralized non-custodian liquidity protocol that is based on Avalanche.
2021-4-28 20:14 | |
|
|
DeFi bluechip, Yearn has released its comprehensive quarterly report, audited by a professional accounting firm, one of the first in the decentralized finance (DeFi) sector. It revealed that Yearn had $4.
2021-4-27 18:37 | |
|
|
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 | |
|
|
DeFi Yield Protocol (DYP), a leading crypto yield farming ecosystem offering an innovative yet secure way for the crypto community to earn returns just grew bigger. The platform handling over $45 million in crypto assets has recently integrated Binance Smart Chain (BSC) to its staking and governance infrastructure. By doing so, it has enabled enhanced […]
2021-4-23 07:58 | |
|
|
CryptoNinjas » Decentralized trading exchange Injective Protocol closes $10M funding round Decentralized derivatives exchange Injective Protocol, today announced that it has closed a funding round of $10 million, valuing the network over $1 billion.
2021-4-21 00:05 | |
|
|
EasyFi, a layer 2 DeFi lending protocol, undergoes a hack to the tune of $6 million from protocol pools in USD/DAI/USDT. Founder and CEO, Ankitt Gaur addressed the incident on Twitter. He stated that:The post EasyFi, a DeFi lending protocol, undergoes a hack appeared first on AMBCrypto.
2021-4-20 20:38 | |
|
|
In an April 20 blog post, founder and CEO of the EasyFi DeFi protocol, Ankitt Gaur, detailed an attack that resulted in the loss of as much as $6 million from its liquidity pools. The incursion, which happened on April 19, was a targeted attack compromising the admin and mnemonic keys.
2021-4-20 10:34 | |
|
|
Yearn.Finance (YFI), a popular decentralized finance (DeFi) protocol on Ethereum, has bought back $1.164 million worth of YFI tokens yesterday. The post Yearn Finance picks up $1 million in YFI as part of planned buyback appeared first on CryptoSlate.
2021-4-20 01:00 | |
|
|
Decentralized finance (DeFi) project Yearn purchased 27. 97 YFI for $1. 164 million with a portion of protocol earnings as part of its buyback and build proposal, YIP-56. Interestingly, this purchase was made on the weekend when the market experienced a crash.
2021-4-20 15:45 | |
|
|
Solana's ecosystem continues to grow in leaps. One of its projects, Step Finance, saw $2 million infused into the network via a funding round led by Alameda Research. Step Finance Raises $2 Million In Private Sale In a press release on Tuesday, Solana-based decentralized finance (DeFi) protocol Step Finance announced that it had raised $2 […] The post Solana’s Data Aggregator Step Finance Raises Million in Private Sale first appeared on BitcoinExchangeGuide.
2021-4-15 21:18 | |
|
|
Polygon (ex-Matic Network) announces massive liquidity mining program in collaboration with leading DeFi Aave Protocol (AAVE)
2021-4-14 17:27 | |
|
|
In an April 13 announcement, the venture capital and incubator of the Binance exchange reported that it has led the round of strategic investment of $1. 6 million for Mound, the protocol behind Pancake Bunny.
2021-4-13 07:47 | |
|
|
The new BOSON token will enable users to access the decentralized commerce ecosystem. The project has so far raised $36 million through public and private sales.
2021-4-13 18:39 | |
|
|
BitCherry, a commercial scalable blockchain infrastructure based on IPv8 technology, has invested $10 million in its ‘BitCherry Distributed Ecological Fund’. Notably, BitCherry protocol has built a scalable infrastructure that meets commercial applications.
2021-3-27 13:00 | |
|
|
Orion Protocol has rallied 730% since February to hit a $500 million market cap, but what’s really behind the recent gains?
2021-3-27 00:05 | |
|
|
Zeitgeist, an evolving blockchain ecosystem that is built for prediction markets and futarchy, has raised $1.5 million from private investors to further venture into the prediction market. According to the startup, the raised capital will also be used to accelerate the development of Zeitgeist protocol, and an ecosystem of the Web3 prediction market. Some of […]
2021-3-26 19:32 | |
|
|
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2. 5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged to near zero.
2021-3-22 08:30 | |
|
|
Venture capital firms can’t get enough of DeFi at the moment. The latest protocol to secure a fat investment is Vega. In a March 18 announcement, Vega revealed that it raised $5 million in its latest funding round led by Arrington Capital and Cumberland DRW.
2021-3-19 11:46 | |
|
|
CryptoNinjas » Decentralized derivatives trading protocol Vega closes $5M fundraise Vega, a decentralized derivatives trading protocol, today announced it has closed a $5 million raise with investment from Arrington Capital, Cumberland DRW, and Coinbase Ventures The rounds, led by Arrington Capital and Cumberland DRW, support Vega’s mission to democratize markets by enabling anyone to create and launch a derivatives market while tackling some of the […] CryptoNinjas » Decentralized derivatives trading protocol Vega closes $5M fundraise
2021-3-18 15:59 | |
|
|
After successfully launching and introducing the TimeCoin (TMCN) token in the crypto industry, TimeCoin Protocol has announced further plans to grow its ecosystem. TimeCoin protocol is set to raise up to $10 million through the OTC market by conducting two special token sales.
2021-3-15 21:46 | |
|
|
Established VC firms join more atypical investment entities in positioning the young DeFi protocol for the future
2021-3-15 05:17 | |
|
|
CryptoNinjas » Bitcoin DeFi platform Sovryn reveals $1. 25M bug bounty; raises $10M in token presale Sovryn, a Bitcoin-based DeFi protocol, has announced that the Origin presale of its governance token SOV, has raised the equivalent of 10 million USD at a price of 9736 sats per SOV at current prices.
2021-3-7 00:47 | |
|
|
CryptoNinjas » DeFi yield optimization protocol ETHA Lend closes $1. 6M funding round ETHA Lend, a yield optimizer protocol for DeFi, today announced it has closed a $1. 6 million initial funding round from lead investors Digital Finance Group (DFG), AU21 Capital, and Privcode Capital.
2021-3-5 23:33 | |
|
|
Another day, another "rug pull" in DeFi corner. The team at Meerkat Finance (MKAT), BSC-based "yield farming" protocol, left with whopping $32 million in BUSD and BNB
2021-3-4 15:11 | |
|
|
In an announcement on Mar. 3, Kine Protocol stated that it initiated a $7 million financing round led by some big venture capital and DeFi names including Spartan Capital, Blockchain Capital, and the DeFi Alliance.
2021-3-3 09:29 | |
|
|
On March 1, the startup General Protocols announced the company has raised $3 million in a Series A financing round led by a number of strategic investors. General Protocols is the firm behind the Anyhedge protocol, the first decentralized finance (defi) project built on the Bitcoin Cash network.
2021-3-2 18:15 | |
|
|
The latest attack relied on user permissions granted to the protocol
2021-3-1 22:59 | |
|
|
CryptoNinjas » Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks Lido, a liquid staking solution for ETH 2. 0, today announced a partnership with Unslashed Finance, a blockchain-based insurance protocol, to cover approximately $200 million worth of staked ether from slashing.
2021-2-26 21:48 | |
|
|
CryptoNinjas » Alameda Research leads $40M round in decentralized prime brokerage protocol Oxygen Alameda Research, a crypto-asset trading & investment firm, today announced it has led a $40 million investment round in Oxygen, a decentralized prime brokerage protocol.
2021-2-25 22:50 | |
|
|
Alameda Research led an investment round worth $40 million in Oxygen, a Solana-based DeFi prime brokerage protocol. Alameda Research had earlier directly invested $50 million in travel app Maps.me on The post Alameda Research invests $40 million in Oxygen DeFi project appeared first on AMBCrypto.
2021-2-24 18:10 | |
|
|
A Feb. 16 tweet by MakerDAO backend engineer Nik Kunkel has revealed that annual stability fees accrued by the protocol just breached 71 million Dai tokens (DAI). In essence, DAI is minted when users lock collateral (usually ETH) in Maker vaults.
2021-2-18 13:15 | |
|
|
Ethereum-based on-chain liquidity protocol Bancor (BNT) saw its total TVL explode past $550 million this week. Bancor Continues to Grow In its monthly progress report shared recently, on-chain liquidity protocol Bancor unveiled various stats signifying its exponential user growth in recent times.
2021-2-15 15:00 | |
|
|
Synthetix–a DeFi protocol enabling trustless derivatives trading, has raised $12 million in a round of funding spearheaded by three venture capitals, a confirmation on Feb 14 reveals. Direct Investment from Crypto-Focused VCs The three VCs are Paradigm, Coinbase Ventures, and IOSG.
2021-2-15 00:00 | |
|
|
Though a "prime suspect" has been identified, how will the protocol make itself whole?
2021-2-14 17:33 | |
|
|
DeFi protocol, Balancer, has secured an investment of $5 million from Three Arrows Capital and DeFiance Capital, both of which will be key strategic partners in its expansion in Asia. The popular DEX also has Pantera Capital and Alameda Research as its investors, which directly purchased BAL tokens from the Balancer Labs treasury, bringing its […] The post DEX Balancer Raises Million Ahead of its V2 Launch Next Month first appeared on BitcoinExchangeGuide.
2021-2-11 18:26 | |
|
|
The TrueFi protocol has only been around for a couple of months and its arrival is already being felt across the DeFi landscape. Since the beginning of January, the platform has steadily been climbing the rankings chart on DefiPulse, already in the 24th spot after 2 months since launch, moving past long-standing protocols like Cover, […]
2021-2-11 12:28 | |
|
|
0x Protocol (ZRX) appears to be back from the dead following the latest announcement by the project. 0x Labs announced in a recent tweet that the company had secured a $15 million Series A funding round.
2021-2-6 16:01 | |
|
|