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 reports...
Category : DeFi
Decentralized Finance News (DeFi)
Decentralized Finance (DeFi) is a completely revolutionary concept for the traditional financial system.
DeFi implies that there is no control by any government or financial entity over the finances of individuals. In this case, it is the community itself that regulates itself, setting its own rules, conditions and sanctions.
The DeFi world is growing day by day and more and more projects are being launched in this space.
Keep up to date with all the news about DeFi in this section of The Cryptocurrency Post.
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 open-source...
How is Decentralized Finance (DeFi) revolutionizing the world of finances?
The global economic structure is supported by the consumer sector that spends and saves their assets. The daily banking activities of these people keep the...
How will NFTs affect the art world?
Since NFTs are all over the internet these days, there is a high chance you have heard about them. Tokens that are non-fungible are digital...
Crypto community suffers huge losses as ‘Pancake Bunny’ on Binance Smart Chain is exploited
On Binance Smart Chain (BSC), Pancake Bunny is a DeFi yield farming aggregator and optimizer. The platform helps users optimize their interest earning on their...
Huobi Group’s Investment sets aside $100 million for DeFi and mergers
Huobi Group, through its subsidiary Huobi Ventures, sets aside $100 million for expansion through decentralized finance projects, acquisitions and mergers....
Defi Protocols, Cream Finance and Alpha Finance Exploited for $37.5 Million
DeFi Protocols Cream Finance and Alpha Finance were exploited for roughly $37.5 million after taking out a flash-loan. The attacker executed a multi-step process including...
Nervos Network Commits $5 Million in Grants Fund to Support DeFi Projects
Chinese blockchain project Nervos network has committed $5 million in grants to support blockchain entrepreneurs who are focused on building new solutions for DeFi in...
DeFi – What Do You Know About Decentralized Finance?
Financial services are among the oldest services that people use for their daily activities. They affect lots of our actions and experiences in working and...
DeFi Liquidity Provider Balancer Hacked, $500k Taken
Decentralized fund (DeFi) liquidity supplier Balancer Pool conceded early Monday morning that it had succumbed to a modern hack that misused an escape clause, fooling...