Convex Finance surpasses one billion dollars in TVL. Convex is intended to serve as an optimizer for the Curve protocol. Observers say that Yearn and Convex compete with each other. Convex Finance has risen to $1.14 billion and entered the top 20 by size. According to DeFiLlama, this Ethereum-based finance
Speculations are on the rise as many predictions are put forth upon the Shiba Inu , the SHIB coin. It is predicted that the price of Shiba Inu coin will reach a target value of 1 USD. DJ JY on SHIB Amidst the fact that SHIB dropped down about 5%
Belt Finance hacked on Saturday in a flash loan. With a loss of 21.36% of the fund, the BeltBUSD vault users suffered. Belt’s vaults operate with a target balance for each strategy employed. Belt Finance was hacked on Saturday in a flash loan, resulting in an overall loss of $50
The recent imposition of regulations all over the world has adversely affected the crypto industry profusely. Any impact on the crypto will be also passed down to the DeFi as well. In this case, DeFi too started to suffer along with the fall of the crypto market in recent times.
Unicrypt Network, a unique DeFi platform that combines a decentralized launchpad and liquidity locking for Uniswap, is turning public in the next four weeks. The project backers are excited about the staggering adoption. Unicrypt has seen since launch, total liquidity locked in its AMM pools surpass the $500M mark. Unicrypt
Ever Since last week, the complete crypto market is in a very miserable state of condition. This directly affected most of the crypto exchanges as well as top DeFi tokens too. Exchanges like Coinbase, Binance, Kraken, and Gemini are taken into account including DeFi tokens like Uniswap (UNI), Chainlink (LINK),
BSC’s DeFi experienced a flash loan exploit for the second time in a week. A new attack drained $3 million from DeFi platform Bogged Finance. PancakeBunny suffered following a $200M major exploit. Binance Smart Chain decentralized finance ecosystem experienced a flash loan exploit for the second time in a week
BSC PancakeBunny suffers a flash loan exploit. Due to the attack BUNNY value reduced to Zero Binance loss greater than $40 million in a significant attack. PancakeBunny, the most popular Binance Smart Chain (BSC)-based decentralized finance (DeFi) protocol. It has suffered a major exploit that allowed hackers to make off
bEarn Fi exploited resulting in a loss of almost $11 million. The cause of the attack is investigating by the WeChat message firm The spartan protocol attacked cause a loss of $30 million. Earlier Sunday bEarn Fi was exploited resulting in a loss of almost $11 million, according to PeckShield,
The cryptocurrency market at the moment accounts to more than 2% of the overall money supply globally. This has been made possible by the constant growth of the DeFi market and its platforms. This is a remarkable achievement for the complete crypto industry and market. DeFi paves the way even
