'Web2 is not safe,' comments Curve Finance, which also fell victim to a cryptocurrency hack resulting in a loss of $52 million at the end of July. Balancer, a decentralized finance (DeFi) protocol deployed on Ethereum, has reported a recent attack on its frontend resulting in the loss of $238,000 in cryptocurrencies. Thus, the list of DeFi hacks continues to grow. Let's break it down!
The Shibarium is not designed to drive up the price of SHIB. But it could propel memecoin to the moon. Except that the idleness of the crypto community is delaying the long-awaited Shiba Inu bull run. To speed things up, Lucie, marketing manager of this crypto project, is urging SHIB fans to get much more active, to collaborate. Read on!
On the crypto market, Shiba Inu (SHIB) is making news today due to its skyrocketing burn rate in just 24 hours. A rise which is having a considerable impact on the price of the crypto as well as the crypto market in general.
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Last Friday, Curve set a deadline for hacker DeFi to return all the stolen money: Sunday August 6 at 8 a.m. UTC. Once this deadline has passed, the team will take drastic measures to hand him over to the appropriate authorities. If the latest news is to be believed, the pirate has returned part of the jackpot. And in the process, he has dared to mock the crypto community by saying that he is "smarter" to evade possible hunts.
What's new at Shiba Inu? For now, the ShibArmy is eagerly awaiting the advent of Shibarium, the SHIB-friendly Ethereum layer 2. And why not the elimination of a few zeros from the current DogeKiller price? If the latest news is to be believed, the team behind this memecoin claims to have taken steps to hoist the Shiba Inu ecosystem to the forefront of the DeFi scene. Here's the lowdown!
Late yesterday evening, Curve Finance suffered a re-entry attack. Provisional reports of the hack indicated a loss of some $26 million. Except that it was a long night for the Curve team, and so was the list of break-ins. According to the latest news, the total amount of money stolen is in the region of $52 million.
The revolution of smart contracts is right at our doorstep with Marlowe, an innovation by Cardano (ADA). This domain-specific language (DSL) aims to democratize access to contracts and financial agreements without the need for programming expertise. Marlowe's first steps on the Cardano mainnet herald a promising future for smart contracts.
As a blockchain platform, Cardano (ADA) stands out from other crypto protocols. Since its launch, the project has embraced an innovative approach, particularly in the field of decentralized finance (DeFi). In recent months, significant progress has been made, with the Total Value Locked (TVL) in the Cardano ecosystem reaching a major milestone, approaching 400 million ADA.
Arbitrum, the Layer 2 leader on Ethereum, has proceeded to distribute governance tokens to eligible decentralized autonomous organizations (DAOs) within its ecosystem. This initiative aims to encourage user adoption and engagement on the protocol.
With the appearance of Cardano Bitcoin (cBTC), decentralized finance (DeFi) could see major changes by integrating bitcoin with the Cardano blockchain in a decentralized and secure manner. This ambitious project raises questions about its potential and the challenges of taking advantage of the liquidity offered by the market's leading cryptocurrency.
MEXC clients from the U.S. and Canada can, for the first time in four years, make direct USD fiat deposits via SWIFT and Fedwire transfer, an announcement on June 8, 2022, reveals. This follows the launch of the Global Bank Transfer Program implemented on June 7, 2022, from 1300…
The next challenge for the crypto ecosystem lies in its adoption by the general public. This is the mindset behind the Akt.io project, which completed an exceptional 27 million euros ICO. What is the Akt.io initiative and how does the company plan to democratize access to wealth management? We’ll answer…
The long-awaited “Fort Canning Road” – a hard fork of DeFiChain, has gone live! Now, decentralized financial applications and services are available for traders, HODLers, and people who don’t have access to traditional brokers. dToken pricing issue is now fixed The Fort Canning Road hard fork marks the rollout of…
Remember decentralised finance? The sector, more commonly known as DeFi, has recently exploded and become the latest unavoidable trend in the cryptocurrency market. After Bitcoin (BTC) and altcoins, DeFi actually seems to be a little more than a trend. In the DeFi sector, which today weighs in at more…
Setting aside the concept of the word for a moment, ‘blockchain’ has become a true buzzword nowadays. Since the emergence of Bitcoin, we have been hearing about the blockchain everywhere: on the TV, in the newspapers, in company jargon, and even around the dinner table! The aim of this article is…
If you are interested in Chainlink, then you may want to consider investing in its proprietary LINK token. You may also be looking to sell your LINK cryptocurrencies for one reason or another. Either way, you’re in the right place if you want to find out how to sell or…
Chainlink is known as an oracle network in the world of cryptocurrencies. To put it simply, an oracle is a system that collects reliable data on something in particular and then transmits that information to a smart contract, which will use that data to decide whether or not to execute…