Sun, November 24

DeFi Protocol Moola Market Exploited of $8.4 Million

The exploiter stole 243,000 CELO from Binance and used it in an attack. Users were cautioned against trading mTokens, Moola’s interest-bearing tokens. Millions of dollars were made off of yet another DeFi protocol. The non-custodial liquidity protocol on Celo, Moola Market, is the protocol at hazard this time around. Moola,

October 21, 2022 1 min read

Hacker Steals Over $1 Million From BitKeep Wallet Provider

BitKeep said that its development team has moved quickly to limit the hacker’s access. The firm has also guaranteed to pay in full to the victims affected by the hack. This morning, October 18th, BitKeep, a popular wallet provider, was hacked and lost more than $1 million. Moreover, BitKeep wallet

October 18, 2022 1 min read

DeFi Protocols Lost $718 Million in 15 Days

The total losses in 2022 may exceed the total losses in 2021, which totaled more than $3.2 billion. On Tuesday, Solana’s popular Mango Markets trading protocol lost $100 million in liquidity. According to a report by American blockchain analysis company Chainalysis, hackers stole $718 million worth of cryptocurrency from DeFi

October 17, 2022 2 mins read

Market Maker Wintermute Clears $92 Million Debt of TrueFi

Wintermute borrowed $92.5 million for a duration of 180 days. Now Wintermute owes $75M to Maple Finance and Clearpool. Concerns about paying back $189.4 million in debt arose when crypto market maker Wintermute lost $160 million in a hack. Excitingly, on Oct. 15, Wintermute repaid a $92 million Tether (USDT)

October 16, 2022 1 min read

Mango DAO Proposes $47 Million Settlement to Hacker

The assailants artificially inflated the value of their collateral and then borrowed heavily. According to the terms of the arrangement, the hacker must return $67 million in tokens. Recently, a thief made off with $100 million in cryptocurrency using an exploit in the Mango Markets platform. Mango DAO has given

October 15, 2022 1 min read

Celsius Ex-CEO Dumps About $1M Worth CEL and USDC

Coffeezilla, an online scam-busting investigator, has brought to light the fact. Celsius, meanwhile, has a negative net worth of more than $1.19 billion. Ex-CEO of the insolvent digital asset lending company Celsius, Alex Mashinsky is purportedly selling Celsius (CEL) tokens. Mashinsky, however, is being scrutinized after the bankruptcy filing and

October 11, 2022 2 mins read

AllianceBlock Collaborates With Onramper To Make DeFi More Accessible

AllianceBlock’s primary objective is to lower the barrier of entry to the blockchain and DeFi for all parties involved including the creators, developers, and end users. Keeping this in mind, the DeFi Terminal website has recently been revamped to provide a more streamlined experience for visitors. AllianceBlock also works tirelessly

October 11, 2022 3 mins read

Telos Community Approves Aspirational 54 Million TLOS Incentivization Plan

Telos, an EVM-enabled smart contract platform with great performance and no front-running, has begun a multi-phase initiative to provide fresh liquidity to its developing DeFi ecosystem. Since the Telos EVM’s release, other high-quality AMM and lending-related DeFi projects have joined the initiative, including Sushi, Elk, Omnilend, and others. While they

October 6, 2022 2 mins read

Bitcoin DeFi Provider DeFiChain Launches New dTokens

Four additional decentralized tokens are available on DeFiChain’s DEX. DeFiChain offers users price exposure to their preferred assets without geographical restrictions. Four new decentralized tokens have been added to the DEX of DeFiChain, the leading blockchain in the world on the Bitcoin network. DeFiChain aims to make decentralized financial apps

October 6, 2022 1 min read