SafeMoon Exploited for $8.9 Million
SafeMoon was reportedly exploited for $8.9 million on March 28 following the compromise of its Liquidity Pool (LP) according to blockchain security firm PeckShield. ...
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.
Kokomo Finance Stole $4 Million Users’ Funds Via Exit Scam
Optimism-based crypto lending protocol Kokomo Finance allegedly conducted an exit scam and stole $4 million in users’ funds on March 26 according to a report...
Euler Finance Was Hacked Despite 10 Audits in Last 24 Months
The 10 audits over the last 2 years concluded that Euler Finance had no issues and faced no threats prior to suffering a $196 million...
Hong Kong Crypto Scam Losses Reach New Heights
Hong Kong has experienced a surge in cryptocurrency-related scams that doubled losses to more than $217 million in 2022, according to the latest police figures....
Hope Finance Loses $2M Amid a Hacking Attempt
In a recent development, the Arbitrum-based DeFi project, Hope Finance, has lost around $2 million due to a hacking attempt. The platform notified its community...
MetaMask Adds New Privacy Settings for Crypto Wallets
To greatly boost the level of security for users, MetaMask is adding several new privacy features to its browser extension. These features would enable users...
Mango Markets Sue Exploiter for $47 Million In Damages
Mango Markets, a decentralized cryptocurrency exchange, filed a complaint against Avraham Eisenberg on Wednesday with the United States District Court for the Southern District of...
Dappradar Says NFT Sales Saw Massive Surge In 2022
According to a recent estimate published by DappRadar on blockchain technology and the use of decentralized applications (DApps) in the year 2022, the number of...
Number of Devs Hit an All-Time High During 2022 Crypto Winter: Electric Capital
Electric Capital published the 2022 Developer Report on January 17, the industry standard for knowing the landscape across crypto developer ecosystems. The study demonstrates a...
The US Accuses Mango Markets Exploiter of Frauds, Orders His Arrest
Prosecutors in New York have arrested cryptocurrency trader Avraham Eisenberg in Puerto Rico and charged him with fraud for manipulating the Mango Markets exchange and...