DeFi Exchange Raydium Hacked, loses $2 Million
Over $2 million was stolen from Raydium, a Solana based decentralised exchange (DEX).
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Latest firstCrypto Trader Auros Global Defaults On $2.6 Mln Loan As FTX Contagion Spreads
Auros borrowed 2,000 wETH ($2.6 million) with a 14-day maturity on November 27, three days before M11 Credit's statement on Auros’ short-term liquidity crunch
US Fed Chair Powell Advocates Caution In Regulating DeFi
Key Takeaways: Jerome Powell, the head of the Federal Reserve, has commented on stablecoin regulation. Leading central bankers have once again focused their attention on the regulation of the decentralized finance (DeFi) industry. Jerome Powell, the head of the U.S.…
FBI Warns Investors of Increasing Crimes in DeFi Space
Agency observed hackers exploiting vulnerabilities in smart contracts that govern DeFi platforms to steal crypto.
Anton Nell and Andre Cronje Says Goodbye to Crypto
Anton Nell, the Senior Solutions Architect at Fantom Foundation, stated that he and Andre Cronje will end their contributions to the defi/crypto space. On April 3, 2022, they will discontinue approximately 25 apps and their services. He further said that “Unlike…
Lens Protocol, the Decentralised Competitor to Instagram & Twitter by DeFi Project AAVE
Follow us on Google News Key Takeaways: Aave launches a Web3 native, open social graph called Lens Protocol. It will allow users to own their content. Lens Protocol is created to empower more content creators. Aave, one of the largest…
RugPulls and 2021: Did you Bleed in this Massacre?
Follow us on Google News Key Takeaways: According to Chainalysis, crypto fraudsters made a near-record $7.7 billion in revenue in 2021. A relatively new scam known as “rug pulls” was responsible for the 81% increase in earnings. When developers abruptly…
The GameFi Madness: Investments Go 15x in a Year
Follow us on Google News Key Takeaways: ‘GameFi,’ a combination of gaming and decentralized finance (DeFi), refers to the convergence between blockchain-based gaming with decentralized financial instruments in all their forms, including yield farming, lending/borrowing, algorithmic stablecoins, token minting instruments,…