DeFi News
DeFi Lender ‘Inverse Finance’ Exploited for $15.6 Million
Inverse Finance, a decentralised lending protocol built on Ethereum, has lost over US$15 million in the latest multimillion-dollar DeFi hack...
Ola Finance Suffers $3.6 Million ‘Re-Entrancy’ Attack
DeFi protocol Ola Finance has called on users to resist pointing fingers of blame and asked the community instead to focus on the growth of ...
Australian Web3 Ecosystem Is Growing Fast, Driven By Crypto and Blockchain Technology
The Australian Web3 ecosystem has grown immensely over the past couple of years and is driven by cryptocurrencies and blockchain technology....
Suspicions Raised as $350,000 Bored Ape NFT Sells for Just $115
The owner of a Bored Ape NFT worth US$350,000 sold it for only 115 DAI (US$115) in what appears to be either a costly mistake or some kind o...
Crypto.com Slashes Interest Rates Suddenly on Crypto Staking Services
In what is a worrying precedent for investors across the board, leading exchange Crypto.com has again slashed the rate of returns it offers ...
Web3 Token Mina Soars 75% Amid Coinbase Listing and $92 Million Investment
A new Web3 token, MINA, has soared over 75 percent this week following a US$92 million investment and a recent listing on one of the world...
OCEAN Surges 70% Amid Protocol Upgrade and Growing Partnership Base
Ocean Protocol (OCEAN) has seen its price soar this month on the back of its anticipated Ocean v4 update, as well as a growing partner list ...
Crypto Venture Capitalist Loses $1.7 Million in NFT Hot Wallet Phishing Attack
Arthur Cheong, founder of DeFi and Web3-focused crypto venture capitalist firm Defiance Capital, tweeted this week that a hacker had stolen ...
ANZ Bank Exploring Hedera DeFi Services For Its 8.5 Million Customers
Australia and New Zealand Banking Group (ANZ), one of Australia’s ‘Big Four’ banks, is tapping into the growing demand for...
DEX Aggregator Li.Finance Exploited for $600,000 But Users Reimbursed
Li.Finance, a decentralised exchange (DEX) based in Germany, has had one of its smart contracts exploited, resulting in 29 users losing an e...
Crypto Exchange FTX Officially Launches in Australia
FTX, one of the world’s fastest-growing crypto exchanges, is rapidly expanding its presence globally, having now established a local s...
Twitter Marketing Report: Crypto and NFT Topics Explode 240%
Twitter Trends 2022 has given us the statistics on the hottest topics on Twitter and has revealed some interesting, but not surprising, resu...