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 attack. The CEO…
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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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…
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…
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…
Defrost Finance Suffers a Hack, Some Call It a Rug Pull
Defrost Finance, a decentralized leveraged trading platform built on the Avalanche blockchain, reported that both of its versions — Defrost v1 and Defrost v2…
Binance CEO: 99% of Users Will Lose their Crypto in Self-Custody
Changpeng Zhao, the CEO of Binance, has issued a warning to the cryptocurrency community regarding self-custody, claiming that while only 1% of people can…
Jim Cramer Calls SOL, XRP, DOGE Cons
Everyone is aware of Jim Cramer’s love-hate relationship with cryptocurrencies, and it’s a complicated one. Only a few days ago, he was recommending that…
Ankr Defi Protocol Suffers a Multi-million Dollar Attack
The BNB chain-based Ankr defi protocol has suffered a significant exploit as a result of a major bug in its code that allowed for…
Solana (SOL) NFT Data Continues to Grow Despite DeFi TVL Falling
Solana DeFi TVL decreased by 70 percent in November, whereas Solana NFT data is still expanding, with an average transaction volume that climbed by…
Telegram to Build Crypto Wallets and Exchanges, says CEO Pavel Durov
Pavel Durov, the CEO of Telegram, says cryptocurrency users should switch to self-custodied wallets, as the company reveals it is stepping in to offer…
Binance Shares Six Principles for Centralized Exchanges
Following the collapse of the once-dominant cryptocurrency exchange FTX, centralized exchanges have lost some credibility among crypto investors.