Nomad Bridge Loses $190M in a Chaotic Copy-Paste Exploit
Nomad has become the latest token bridge attack this year following the high-profile exploits of the Ronin, Wormhole, and Harmony bridge.
DeFi
DeFi coverage examines financial activity built on public blockchains. This archive follows lending protocols, decentralized exchanges, staking, governance, liquidity markets, token launches, exploits and risk management across open financial infrastructure.
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Tonic Collects $5 Million to Fund a DeFi Platform on NEAR Protocol
Tonic has recently concluded its latest funding round. The platform made an announcement about collecting $5 million in funds. These funds will be used…
Huobi Incubator Partners with Celo to Stimulate Stablecoin Development in the Web3 Field
Huobi Global is among the top cryptocurrency exchanges in the world. The exchange is now evaluating a move into the development of stablecoin in…
According to the IMF, DeFi Platforms are Needed to Take Advantage of Their Benefits While Mitigating Their Risks
The International Monetary Fund (IMF) in a recent report considers Decentralized Finance (DeFI) a risk to global financial stability, especially as it continues to…
Beanstalk Farms Announces the Loss of $182M in an Exploit
With the rise of blockchain technology, maligned elements have also gained entry into the industry. Cryptocurrency protocol and projects can become vulnerable to hacks…
ADAX DEX launches its version 1.0
Different blockchains are trying out new features to make their working models more effective and usable for the consumers. Moreover, with the increasing competition,…
Rari Capital TVL storms past $1B in merely two weeks
The cryptocurrency market gives shocking news after every regular time interval. This news may be about the upsurge of a new coin, market crash…
Avalanche allocates $3 million to stake DAO, anticipates a bullish outlook
The cryptocurrency market is extremely volatile, as it experiences different phases of bullish and bearish patterns. There are hundreds and thousands of cryptocurrencies in…
Popular decentralized exchange SushiSwap denies any hacking attempt on the network
As cryptocurrencies become more and more popular, new crypto projects and exchanges are making their way into the industry. In one way, this is…
Hackers steal around $12.7M in Bitcoin from pNetwork on the Binance Smart Chain
With the increasing popularity of crypto and defi protocols, malicious activities are also on a rise in the crypto industry. There have been repeated…
![Fantom [FTM] - One platform, endless solutions](https://thecryptocurrencypost.net/wp-content/uploads/2021/09/fantom-150x150.jpg)
Fantom [FTM] – One platform, endless solutions
Fantom is a blockchain with a considerable focus on supporting smart contracts and scaling solutions with the native token FTM. This permissionless, decentralized, and…