Nirvana Finance Hacker Surrenders More Than $12.3 Million, After Pleading Guilty

2023-12-15 04:48

Discover the groundbreaking revelation as senior security engineer Shakeeb Ahmed admits to hacking two decentralized cryptocurrency exchanges, leading to the first-ever conviction for a smart contract breach.

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two decentralized shakeeb hacking admits cryptocurrency ahmed

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DeFi Protocol Exploits Presenting Opportunities for DeFi Insurance

The interest in Decentralized Finance (DeFi) over the past two to three years has made it one of the fastest-growing areas in the decentralized web ecosystem. DeFi generally refers to the provision of peer-to-peer financial services over mostly public blockchains, through the use of smart contracts thereby eliminating the need for financial third parties or […]

2022-7-5 17:46


Scream protocol losses millions to stablecoin depeg

Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform.  The DeFi protocol had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI, to $1, meaning their decline did not reflect on […] The post Scream protocol losses millions to stablecoin depeg appeared first on CryptoSlate.

2022-5-17 22:30


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How DeFi Users Can Diversify through Automated Investment Management Protocols

Decentralized Finance (DeFi) has been the talk of the crypto community for the past two years, most die-hards believe this nascent ecosystem is a futuristic iteration of the financial markets. At the core, DeFi is built on smart contract infrastructure which means that users do not have to go through a financial intermediary to access […]

2022-3-9 21:16


With steady gain in the past two weeks, should you invest in Filecoin's short-term bullishness

Decentralized storage platform Filecoin has not had a brilliant run on the charts in the past few months. Since October, it has shed nearly 72% in value, from $80 to $22.3 at press time. It had hintedThe post With steady gain in the past two weeks, should you invest in Filecoin's short-term bullishness appeared first on AMBCrypto.

2022-2-5 11:00


EMURGO to develop new dApp tool stack for Cardano blockchain

EMURGO, the official commercial arm of Cardano and the Cardano Foundation, overseer of the Cardano blockchain, announced the launch of a project that will see the two organizations combine efforts and resources to foster the development of a community-generated and maintained tool stack to support the Cardano ecosystem and accelerate decentralized application development.

2022-1-19 19:19


StackOS Announces Innovative Node NFT Program With High Rewards

StackOS, the decentralized cloud computing protocol, recently announced its visionary node program which is truly unlike any other. The unstoppable cross-chain cloud computing protocol that allows users to deploy full-stack applications, decentralized apps (dApps), blockchain privatenets, and mainnet nodes, found a way to combine two of the hottest crypto topics: NFTs and DeCloud.

2021-12-11 18:00


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Announcing the Launch of the PLS2E.io, “GameFi” is all the rage!

Since 2020, blockchain technology has made significant progress in Decentralized Finance, or DeFi. After two years of deliberate movement in DeFi, a phenomenal outburst has occurred. According to the data, DeFi Tokens’ market value had risen from US$1 billion in April 2020, to about US$10 billion in July 2020, which increased over 10 times within 3 […]

2021-11-22 14:00


The AIWORK Ecosystem And Its Real-World Applications

Blockchain technology and Artificial Intelligence (AI) are two of the most disruptive technologies in the world, with both having  massive potential just on their own. Blockchain is powerful in that it can be used to log data and transactions in a secure, trustless, and decentralized manner – it also utilizes smart contracts that allow it […] The post The AIWORK Ecosystem And Its Real-World Applications appeared first on NullTX.

2021-11-12 20:17