Fri, November 15

DeFi Protocol Aims To Enrich the Crypto Market With Digital Bonds

A decentralized protocol wants to bring new value to the cryptocurrency market with the zero-coupon discount bond market and the yield curve. Investors’ risk tolerance and financial goals often lead to various opportunities. For those prioritizing stability and consistent returns, bonds emerge as a beacon of dependability. The appeal of

December 15, 2023 3 mins read

Ledger ConnectKit Breach Sparks DeFi Protocols’ Security Crisis

A surprising event occurred in the Decentralized Finance (DeFi) arena when the Ledger ConnectKit was the victim of a supply chain assault, which resulted in a rug-pull security compromise. Malicious code injection into different Decentralized Applications (dApps) is possible due to the vulnerability, which has been dubbed a “supply chain

December 14, 2023 2 mins read

Solana (SOL) Market Cap to be Breached by this Rival DeFi Token

In the ever-evolving landscape of cryptocurrency, competition is the driving force behind innovation and growth. As the market continues to expand, newer tokens are emerging, challenging the dominance of established players.  One such emerging contender is Retik Finance (RETIK), a decentralized finance (DeFi) token that is rapidly gaining traction and

December 13, 2023 4 mins read

Ethereum Layer-2 Network Blast Surpasses $800M TVL Milestone

In the short time since its introduction, the Ethereum Layer-2 network Blast has achieved a new Total Value Locked (TVL) milestone, according to statistics from DefiLlama. According to the numbers, Blast’s TVL now stands at $837.02 million, up 27% from where it was seven days ago. The L2 solution had

December 10, 2023 1 min read

Arbitrage Bot Depletes LFNTY-USDC Pool on Lifinity DEX

An arbitrage bot depleted the LFNTY-USDC pool on December 8 from the decentralized exchange (DEX) Lifinity. The $699,090 loss was triggered by an unanticipated reaction to a botched deal, according to Lifinity’s Discord channel. Durden, a key member of Lifinity, revealed that a bot tried to benefit from price disparities

December 9, 2023 1 min read

November 2023 Witnesses a Disturbing Surge in Crypto Exploits 

In a recent report by QuillMonitor, an analytical tool powered by QuilAudits, November emerged as a concerning month for the crypto sphere, with a staggering $254.34M in losses. The notable figure was spread across 12 significant incidents, indicating an alarming 8-fold surge compared to October’s losses. Hacks take the lead

December 5, 2023 3 mins read

Jellyverse Raises $2M Seed Funding for Boosting DeFi 3.0 Development

Private investors have contributed $2 million to Jelly Labs AG and Fintonomy LTD, the companies developing the foundational protocols underpinning Jellyverse. Based on DeFiMetaChain, Jellyverse is a platform providing advanced decentralized financial services. The money raised will be used by Jelly Labs AG and Fintonomy LTD to further accelerate the

December 4, 2023 4 mins read