Wednesday, April 14, 2021
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Decentralized finance (Defi)

    Defi Protocol Founder Tricked, Hacked for $8 Million in Personal Funds

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    Nexus Mutual founder and chief executive officer Hugh Karp’s personal wallet address has been hacked for more than $8 million. The attacker, a member...

    $100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit

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    Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after...

    Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

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    Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to...

    Defi Protocol That Bragged About Having Flash Loan Attack Prevention Hacked for $6 Million

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    A decentralized finance (defi) protocol that bragged about having flash loan attack prevention has been exploited for $6 million in DAI, in a flash...

    Hackers Drain $2 Million in DAI From Defi Protocol Akropolis

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    Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent...

    Major Defi Token Prices Plunge, as Money Moves Back Into Bitcoin

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    Major decentralized finance (defi) projects fell sharply in October, with token prices tumbling by between 30% and 56%, as money appears to be moving...

    Survey: Large Number of Yield Farmers Can’t Read Smart Contracts Despite High Risk

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    A new Coingecko survey has found that a large number of yield farmers do not know how to read smart contracts despite claiming they...

    Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch

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    Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance...

    Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market

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    Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for...