IntoTheBlock Introduces DeFi Risk Radar for Institutional Risk Management in DeFi
Since the emergence of the Decentralized Finance (DeFi) sector, nearly $60 billion has been lost due to hacks and exploits.
DeFi
DeFi coverage across lending markets, decentralized exchanges, liquid staking, governance, protocol revenue, exploits, risk controls and the experiments shaping open financial infrastructure.
Onyx Protocol Loses $2 Million in Ethereum After Being Victim of DeFi Exploitation
Decentralized finance (DeFi) project Onyx Protocol is in the spotlight after losing nearly $2 million worth of Ethereum due to an exploit.
The Closure of Yield Protocol and Challenges in the DeFi Industry
The Decentralized Finance (DeFi) ecosystem has received the announcement of the closure of the Yield Protocol in the past hours. This platform, which once…
Why DeFi Trading Volumes Increased by 444% After SEC Sued Coinbase and Binance
The US Securities and Exchange Commission (SEC) has launched a series of lawsuits against major crypto platforms, accusing them of violating securities laws and…
How Hyped-Blockchain Canto Failed to Deliver on DeFi Promises
The decentralized finance (DeFi) sector has been one of the most promising and innovative areas of the crypto space in recent years. However, not…
US Justice Department Targets DeFi Hackers and Cryptocurrency Thieves
The United States Department of Justice (DOJ) is intensifying its crackdown on Decentralized Finance (DeFi) hackers and exploiters, as illicit crypto activities have surged…
DeFi Hacks: $11.6M Stolen from Yearn Finance as Hacker Mints 1 Quadrillion yUSDT
Decentralized Finance (DeFi) protocol Yearn Finance, suffered an attack to the tune of $11.6 million on April 13 following a hacker’s minting of 1…
SushiSwap Team is Working on Recovering Funds After an Exploit of $3.3 Million Made by a Hacker Due to a Bug
Decentralized finance (DeFi) protocol, SushiSwap, also know for having a cross chain swap feature, reportedly lost $3.3 million to hackers on April 19, due to…
Allbridge Hacker Finally Returns Biggest Part of the $573K Stolen Funds
Hacker of the multichain token bridge Allbridge returned the biggest part of the $573,000 stolen funds as a form of acceptance of a ‘white…
Allbridge Offers Bounty to Hacker as Binance Comes to Rescue
Attacked multichain token bridge Allbridge has offered a bounty to the hacker behind the $575,000 exploitation of its core liquidity pools on April 2…
DeFi Executives Speak on Launching KYC
Decentralized Finance (DeFi) executives remarked at the World of Web3 (WOW) Summit in Hong Kong on the need to launch “Know Your Customer” (KYC)…