Coinbase CEO opposes CFTC’s actions on DeFi protocols in the United States. His main concern revolves around the possible weakening of the nation’s industry strength. Furthermore, Armstrong is urging DeFi protocols not to settle and instead pursue these cases in court. He argues that setting a precedent is crucial, as he believes the claims lack […]
JPEG’d, pioneering DeFi with NFT-backed lending, stuns the crypto realm. Innovative, decentralized finance platform revolutionizes the cryptocurrency landscape. She is recovering $10M of stolen ETH after an $11.6M crypto hack showcases the protocol’s swift response to safeguard assets. JPEG’d exploit update: Seems 5495 ETH was returned just now for a 10% whitehat bounty. 0x003b00378ac52c10200d8fcac0e42138a34e46b9d7c3350ad3372ae0eb141df3 Michael […]
Ethereum follows the Bitcoin network and currently holds the position as the second most trusted public Crypto network. Bitcoin (BTC), the world’s first blockchain, had already celebrated its sixth anniversary when Ethereum entered the scene. However, Bitcoin solely served as a payment network for simple monetary transactions. In contrast, Ethereum was introduced with a grand […]
The BNB Smart Chain [BSC] has become the target of copycat attacks after attackers took off roughly $73k due to a bug in the Vyper programming language, mirroring the DeFi protocol Curve Finance hack. The incident mirrors a stark similarity to the recent Curve Finance liquidity pools, where over $40 million in funds were stolen. […]
In a recent revelation, stake_pool has forecasted an imminent explosion in the Decentralized Finance (DeFi) sector on the Cardano blockchain. Currently, the total value locked (TVL) in the DeFi ecosystem stands at a significant 600M ADA. It includes approximately 300M ADA and an equivalent amount of tokens available for borrowing, trading, and use as collateral. 1/7 […]