DeFi

Brian Armstrong Worries About FTC’s DeFi Enforcement
Blockchain

Brian Armstrong Worries About FTC’s DeFi Enforcement

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 […]

Sep. 14, 2023
Stolen Crypto Worth $10 Million Returned By Hacker To JPEG’d DeFi Protocol
Crypto

Stolen Crypto Worth $10 Million Returned By Hacker To JPEG’d DeFi Protocol

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 […]

Aug. 8, 2023
8 Years of Ethereum’s Mainnet: A Blockchain Journey
Ethereum

8 Years of Ethereum’s Mainnet: A Blockchain Journey

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 […]

Aug. 1, 2023
Copycat Exploits: BNB Smart Chain Vulnerabilities Rattle DeFi Realm
Crypto

Copycat Exploits: BNB Smart Chain Vulnerabilities Rattle DeFi Realm

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. […]

Jul. 31, 2023
Explosive Growth Expected For Cardano DeFi: A Closer Look At The Numbers
Crypto

Explosive Growth Expected For Cardano DeFi: A Closer Look At The Numbers

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 […]

Jul. 24, 2023