DeFi News
Celsius Has a $2 Billion Hole, on Track to be Out of Cash by October
Crippled crypto lending platform Celsius, which filed for bankruptcy in July, appears to be in an even worse financial position than previou...
aUSD Depegs by 99% Amid Hacker Issuing 1 Billion Tokens
Another stablecoin has shown itself to be anything but stable after the Polkadot-based DeFi hub Acala Network was hacked on August 14, causi...
DeFi Protocol Curve ‘Finance’ Exploited in DNS Spoofing Attack
Curve Finance’s front end this week became the victim of an exploit that ended with a loss of more than US$573,000. Curve took to Twitter ...
Despite Downturn, Crypto Fundraising Outpaces All of 2021
The cryptocurrency sector has generated over US$30 billion in fundraising in the first half of the 2022 fiscal year – more than the en...
US Treasury Sanctions Crypto Mixer ‘Tornado’, Freezing USDC and ETH Addresses
Tornado Cash, a mixing service that obscures crypto transaction information, has been sanctioned by the US Treasury, which claims the DeFi p...
How a Crypto Dev Faked a $7.5 Billion ‘Active’ DeFi Ecosystem
The Macalinao brothers, founders of Solana’s leading cross-chain stablecoin exchange, Saber Protocol, have reportedly been using numerous ...
Axie Infinity CEO Moved $3 Million Before Disclosing Record $622 Million Hack: Report
Trung Nguyen, co-founder and CEO of Sky Mavis, the studio behind the Axie Infinity blockchain game, reportedly moved around US$3 million in ...
Now You Can Tip Your Favourite Musician Through Blockchain Streaming Service ‘Audius’
Blockchain-based music streaming service Audius is enabling fans to tip artists using $AUDIO token, the platform’s native cryptocurrency. ...
Decentralised Mixer ‘Tornado’ Goes Open Source to Increase Transparency
Popular DeFi privacy protocol Tornado Cash has announced a fully open-source user interface for Tornado Cash Classic, allowing contributors ...
DeFi Giant ‘Aave’ Announces Plans to Launch Own Stablecoin ‘GHO’
DeFi lending platform Aave plans to launch its own stablecoin, GHO, issued on the Ethereum network, the company announced in a blog post. GH...
NFT Lender ‘Omni’ Exploited for $1.4m in Reentrancy Attack
In circumstances similar to early May’s US$80 million exploit of DeFi platform Rari Capital, NFT money market platform Omni lost 1300 ...
‘Crema Finance’ Hacker Returns Funds, Receives $1.7 Million in SOL as Bounty
Solana-based liquidity protocol Crema Finance claims it has recovered most of the roughly US$9 million worth of assets stolen by a hacker on...