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DeFi
61 posts
How a Borrower Lost NFT Worth $340,000
In crypto, DeFi and NFT are two separate distinct niches with separate uses. However, despite the prevailing differences…
FTX Wrongly Charges Customer $1 Million
An aggrieved FTX customer who reportedly deposited crypto into a wrong address was charged nearly $1 million fee…
Defi Protocol, Compound, Woes Continue
Decentralized finance protocol, Compound, has had a tough week as a hack on its reservoir as seen over…
DEXs are Winners in China Crypto Clampdown
We are beginning to witness the effect of the Chinese recent crypto trading ban as many decentralized exchanges(DEX)…
Avalanche’s Zabu Finance Suffers $3.2 Million Exploit
A September 12 tweet by DeFiPrime, an industry outlet, has revealed that Zabu Finance, a decentralized finance protocol,…
Defi Sees Institutional Demand in Q2 2021 — Chainalysis Report
An unreleased report by Chainanalysis has revealed a change in the trend of players dominating the burgeoning DeFi…
Rekt Data Says Over $1 Billion Lost to DeFi Scams
In a deliberate ploy to prevent further losses to similar reasons, foremost cross-chain asset management platform and DEX…
Again, xToken Suffers Major Exploit
For the second time since May, DeFi project, xToken has become the victim of an attack targeting DeFi…
SEC Will Now Monitor DeFi Transactions
In an effort to clean the burgeoning crypto niche, DeFi, which has frequently faced attacks recently, the United…
Defi Projects TVL now Stands at $157 billion
Available data from Defi Llama has shown that the total value locked (TVL) in DeFi has reached a…