key takeaways: In a significant blow to the decentralized finance (DeFi) sector, Arcadia Finance, a prominent protocol, has recently fallen victim to a devastating hack, resulting in a loss of $455,000. The breach targeted both Ethereum and Optimism, raising concerns…
Sturdy Finance lost 442 Ether due to a security flaw worth over $800,000.
DEUS had paused all contracts, and DEI tokens on chains were burnt to prevent further damage
Hundred Finance announced on Twitter that it has lost approximately $7 million due to a security compromise .
Key Takeaways The decentralized reserve crypto project Olympus DAO has decided to increase holdings of “volatile assets,” including ether (ETH) in the treasury backing its OHM token. This decision comes after the members approved a new Treasury Framework. “Treasury team…
DeFi is a system of financial applications built on top of blockchain technology that allows for decentralized access to financial products and services.
Following reports of a possible vulnerability, THORChain, a decentralised cross-chain liquidity protocol, immediately suspended the network.
AAVE's price has been quite volatile, experiencing significant fluctuations since its launch. Early in 2020, the price of AAVE was approximately $2, but the DeFi boom later that year caused its value to skyrocket.
A dispute has developed within DefiLlama as some employees appear to have refused the launch of the new token.
Following a $9 million hack, DeFi Protocol Platypus will refund at least 63% of user funds.
