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....
Tag : defi
Ethereum Developers Set Deployment Dates for Dencun’s Testnet Upgrades
In the Ethereum landscape, the planning for Dencun network tests has been confirmed. With a focus on the upcoming upgrade named ‘Pectra.’ Developers concluded the...
Gamma Strategies Falls Victim to Exploitation, Losing Over 200 ETH
Gamma Strategies, an Ethereum-based asset management protocol, is currently under investigation due to a presumed attack that resulted in the loss of approximately $500,000 in...
Yearn.finance Asks Users to Return Profits Generated Due to an Error
Yearn.finance, the leading decentralized finance (DeFi) platform, faces the task of recovering $1.4 million after an unfortunate multisig script error during a token conversion operation...
a16z Holds 11% of Compound Finance’s Total Token Supply
The cryptocurrency-focused venture capital firm, a16z, has attracted significant attention in the decentralized finance ecosystem after revealing its ownership of 11% of the total supply...
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 attracted...
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 putting...
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 all...
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 over...