In response to the $10 million in bad debt that arose from soft liquidations after a hacking attempt on June 13, Curve Finance founder Michael Egorov has announced that he has completely repaid the loan. As a result of the event, Egorov went on social media to clarify, saying that
Beosin and Blocksec, two blockchain security companies, say that $3.7 million was stolen from the decentralized lending protocol UwU Lend today. Security researchers have linked this assault to the same hacker, making it the second flash loan breach of UwU Lend this week. The attacker now has $3.7 million worth
Are you ready to seize the opportunity of a lifetime? ONI DEX, the groundbreaking multi-chain decentralized exchange, is launching its highly anticipated token and Spheres presale, and savvy investors are rushing to get in on the action. With its cutting-edge features, unparalleled multi-chain support, and massive growth potential, ONI DEX
Amid a surging DeFi market, the Aave protocol is facing a significant uptick in high-risk loans, raising alarms among investors and analysts alike. According to a recent report by data analytics firm IntoTheBlock, the volume of these risky loans on Aave is nearing critical levels, with collateral values perilously close
In May, the largest amount since February 2022—the total value locked (TVL) in decentralized finance (DeFi) applications—reached $192 billion, according to a report by blockchain analytics company DappRadar. There was a 21% drop in the number of distinct active wallets using DeFi, even though TVL increased. May saw a 17%
Retik Finance (RETIK) has captured the attention of the cryptocurrency world by soaring to a $3 all-time high shortly after its listing. This meteoric rise, which saw the token increase by 2000% within hours, not only showcases the power of decentralized finance (DeFi) but also eclipses the previous all-time high
In the bustling world of cryptocurrency, stories of significant financial gains are not uncommon. However, a remarkable tale of a college student who made an astonishing $3,400,000 trading cryptocurrencies from his dorm room in 2023 has captured the attention of both crypto enthusiasts and the general public alike. Now, this
Real-world assets (RWA) protocols and platforms are beginning to tokenize long-since illiquid assets into accessible and far more versatile RWAs. This advancement has established a bridge between the world of traditional finance (TradFi) and the freedom of decentralized finance (DeFi), breaking down barriers thought immovable. Taking a step away from
The dynamic landscape of decentralized finance (DeFi) is witnessing a revolutionary advancement with the introduction of OPUR AI. This cutting-edge platform is set to redefine smart contract auditing and analysis, offering a comprehensive suite of tools to cater to the evolving needs of developers and investors in the DeFi space.
The much-anticipated vote on UNI staking and delegation incentives, which was scheduled for May 31, has been postponed by the Uniswap Foundation, the group in charge of the decentralized exchange Uniswap. The foundation delayed the vote in response to a stakeholder’s concern, as revealed on X. The decision-making process was
