Sat, January 11

Hacker Returns 80% of $6.4M Loot in Stablecoin Protocol Seneca Breach

An approval process issue in the Stablecoin protocol Seneca’s smart contract allowed an exploiter to access around $6.4 million in digital assets. Seneca has offered a 20% bounty to the person or people responsible for this exploit. The stablecoin protocol vulnerability was reported by many blockchain security organizations on February

March 1, 2024 2 mins read

DeFi Frenzy Propels Mantle Token (MNT) to All-Time High

The price of Mantle token (MNT) reached a new all-time high (ATH) of $0.9493 on Monday, February 26th, marking a 20% increase. This surge coincides with the heightened activity observed on Layer-2 DeFi platforms on the Ethereum blockchain network in recent days. Ethereum’s impending Dencun upgrade, promising enhanced network security

February 26, 2024 2 mins read

DeFi Tokens Boost Crypto VC’s Returns by 50% 

Maven11 Capital, a crypto venture capital firm, has reported impressive returns of 54%, worth $1.43 million, by investing in DeFi tokens. These returns are particularly from UNI, the native token of Uniswap.  The firm capitalized on the DeFi token surge, which was driven by the growing attention to the DeFi

February 24, 2024 3 mins read

Uniswap’s UNI Token Faces Brief Correction Post Massive Rally

On Friday, February 23, Uniswap’s native token UNI saw a significant surge in value. The decentralized exchange’s decision to alter the fee system in favor of UNI token staking is the primary reason for the 75% price increase in Uniswap. However, at the time of writing, the price faced a

February 24, 2024 2 mins read

A New Era for DeFi in Bitcoin: The Rise of the BRC20 Ecosystem and BTCFI

Fifteen years on from its inception, Bitcoin is being opened up to an entirely new world of utility thanks to a wealth of ongoing technical innovations around the BRC20 token standard Until very recently, the world of decentralized finance (DeFi) was primarily confined to blockchains like Ethereum, Binance Smart Chain,

February 22, 2024 4 mins read

Flare Launches XDFi: Revolutionizing DeFi with Compliant Decentralized Futures Protocol

Flare, the data blockchain, and Sindric Solutions have partnered to introduce XDFi, a revolutionary decentralized futures technology developed by Wall Street professionals. With its mission to provide a non-custodial, trustless futures contract purchase environment that is operational around the clock, XDFi seeks to elevate industry standards for efficiency and compliance.

February 21, 2024 3 mins read
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