DeFi Protocol Balancer Under Attack: $238K Crypto Theft in Progress
After being attacked on its front end, the Ethereum-based DeFi protocol Balancer advises users not to visit its website.
Tag defi
DeFi Advocacy Group Rallies Against Patent Troll Threat to Protocols
An advocacy group for DeFi has asked the USPTO to examine a patent held by a business it claims is a "patent troll."
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…
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.
Balancer Issues Warning: $2.8M Still at Risk Despite Vulnerability Alert
Decentralized financial protocol and automated market maker for Ethereum In light of the August 22 vulnerability finding, Balancer issued a warning of $2.8 million.
What are Dapps? (An ultimate guide)
If you have been following blockchain space for a while, you must have come across the word Dapps. but what are Dapps?
