Hedgey Finance DeFi Platform Suffers $44M Exploit
The token infrastructure platform Hedgey Finance has had two simultaneous hacks that have cost it $44.7 million in lost revenue.
Tag defi
DeFi Protocol Uniswap Receives Wells Notice From SEC
Key Takeaways On Wednesday, Defi Protocoal Uniswap, announced that it had received a Wells notice from the U.S. Securities and Exchange Commission (SEC), hinting at a potential enforcement action. The notice notifies the individuals or the firm involved that the…
1inch Unveils Web3 Debit Card in Collaboration with Mastercard and Crypto Life
The new debit card from DeFi company 1inch Network features a crypto-to-fiat bridging feature. Baanx and Mastercard collaborated to build the new Card.
DeFi Yield Farming and Liquidity Mining
There is a new trend in DeFi town, some are calling it “Yield Farming” and others are “Liquidity Mining”. Those who hold cryptocurrencies are now going to back to farming. What is Yield Farming? When you use your assets to provide…
MarkerDAO: Getting Started with Dai Stable Coin
Cryptocurrencies like Bitcoin have a history of price volatility compared to traditional currencies like the US dollar. Some cryptocurrency users find a need to trade for more stable options under circumstances, such as avoiding risk for example. In response to…
The Graph vs Alethio vs web3JS
A practical exercise using the Aave protocol Introduction There is always talk about the clarity of blockchain, that everything is traceable and everyone can see what was written but is it easy to access this information? How can I get data…
DeFi fund, Beba File Lawsuit to Protect Airdrop from SEC’s Legal Actions
Key Takeaways The DeFi Education Fund (DEF) has taken legal action against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court. DEF’s lawsuit challenges the SEC’s stance on Beba, a Texas-based apparel company,…
The Ultimate Guide to DeFi (Decentralized Finance)
Decentralize Finance — or Open Finance — refers to the paradigm shift from today’s closed financial system towards an open financial economy based on open protocols that are interoperable, programmable, and composable.
Ethereum is creating a new economy that integrates blockchain technology and cryptocurrency with current financial systems.
DeFi is not about creating a new system from scratch. It is about democratizing the existing system and making it more equitable using open protocols and transparent data.
Ethereum versus Bitcoin
In this article, we will compare Bitcoin versus Ehtereum and how they will fit in an alternate finance infrastructure or Defi.
Flash Loans – Borrow Without Collateral
A loan that got borrow and repaid in a single Ethereum transaction called flash loan. Hence you don’t need any collateral for flash loans.
