DeFi Protocol Ethscriptions Suffers Hack: 202 Ethscriptions Stolen
The firm plans to relaunch the Ethscriptions.com marketplace after implementing necessary protocol adjustments.
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Latest firstDeFi Protocol Rodeo Finance falls into 1.5M hack
key takeaways: Arbitrum-based decentralized finance Rodeo Finance, recently suffered a significant security breach resulting in a hack that amounted to $1.5 million. On a fateful day, Rodeo Finance fell victim to a sophisticated attack, where malicious actors exploited vulnerabilities in…
DeFi protocol Arcadia Finance drained for $455K
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…
DeFi Protocol Sturdy Finance Falls Victim to $800K Hack: Offers $100K Bounty in Response
Sturdy Finance lost 442 Ether due to a security flaw worth over $800,000.
DeFi platform DEUS faces $6 Mln exploit, DEI depegs
DEUS had paused all contracts, and DEI tokens on chains were burnt to prevent further damage
DeFi Protocol Hundred Finance exploited For $7M
Hundred Finance announced on Twitter that it has lost approximately $7 million due to a security compromise .
OHM Token Treasury to Have More ETH Backing as Olympus DAO Votes for Change
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…
Understanding the Power of DeFi: Cryptocurrency’s Game-Changer
DeFi is a system of financial applications built on top of blockchain technology that allows for decentralized access to financial products and services.
THORChain suspends Trading amid Potential Vulnerability
Following reports of a possible vulnerability, THORChain, a decentralised cross-chain liquidity protocol, immediately suspended the network.
A Look at AAVE, the DeFi Project taking Web3 World By Storm
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.