The address linked with the attacker has transmitted more than 2,100 ETH. The attacker used protocol’s vulnerability to drain the money and used a crypto mixer. Following a “re-entrancy” assault on the decentralized finance (DeFi) lending protocol apps Agave and Hundred Finance, a hacker stole around $11 million in wrapped
Hackers could make off with 200,000 DAI and 1101.8 ETH. The hacker used Tornado cash, a currency mixing tool, to transfer the stolen coins. In the latest case of a decentralized finance (DeFi) marketplace being targeted by an attack, Deus Finance has lost almost $3 million in DAI and Ethereum
Timechain is thrilled to announce that it will be joining the Fireblocks network. In the field of digital asset management and decentralized finance (DeFi), Timechain is a prominent Canadian company. In comparison to other Canadian cryptocurrency service providers, the safe financial ecosystem has more extensive trading and financial capabilities available.
Uniswap’s high gas prices, lengthy transactions, and overlapping liquidity make it tedious for most individuals to trade tokens on the platform. On the Ethereum blockchain, several DeFi AMMs provide similar services. Bashoswap is developing an accelerator and native token exchange platform for Cardano to link early-stage developers with early adopters,
Decentralized financing platform Cake DeFi, has formed a corporate venture arm with a budget of US$100 million in designated funds. It is based and registered in Singapore, and it complies with all of the Monetary Authority of Singapore’s regulatory requirements (MAS). Cake DeFi Ventures (CDV) will invest in innovative businesses
Staking or lending crypto assets in order to produce a high rate of return or reward in the form of additional cryptocurrency is known as yield farming. In recent years, new advancements in decentralized finance (DeFi) such as liquidity mining have given this creative but dangerous and unpredictable application a
Tortola, British Virgin Islands, 7th March, 2022, Chainwire The Metaverse is a new buzzword that refers to an alternate world powered by augmented reality, representing the real world where people can: socialize, work, play games, buy/sell real estate, and earn money through various means. The Metaverse and Blockchain-Gaming are a
Andre Cronje, founder of the decentralized financial (DeFi) sector, technical adviser to the Fantom Foundation, and founder of Yearn Finance has deactivated his Twitter account, leaving the DeFi community in disarray. Fantom Foundation co-founder Anton Nell said in a March 6 tweet that he and Cronje were both quitting the
For the time being, the LUNA bulls cannot break through an overhead barrier. RUNE has gained nearly 51% in the last week. Let us look at the top 3 DeFi gainers of the week. THORChain (RUNE) The native RUNE coin of the THORChain cross-chain decentralized exchange has gained 51% in
Handewitt, Germany, 3rd March, 2022, Chainwire Solidproof is proud to announce that they have secured licenses for their auto tool, which has the potential to take DeFi auditing to the next level. The tool’s beta version is available to dedicated parties who will help with testing and final development.
