DeFi News
Whoops: $1 Million Valued Clipart Rock NFT Sells for Less Than a Cent
Mistakes are made in the cryptocurrency world, some of which incur a high price. This time, we’re talking about the owner of an NFT wh...
Australia’s ‘Block Earner’ Raises $6.5 Million to Bring DeFi to the Masses
As part of its plan to bring DeFi to the masses, Sydney-based blockchain-powered fintech company Block Earner has made some key hires as it ...
DeFi Platform ‘Deus Finance’ Exploited for $3 Million
Fantom-based DEUS Finance has suffered a flash loan exploit when hackers made off with an estimated US$3 million and washed it through Torna...
Lending Protocols ‘Agave’ and ‘Hundred Finance’ Exploited for $11 Million
Two lending DeFi (decentralised finance) protocols, Agave and Hundred Finance, have been exploited for approximately US$11 million, both com...
Users Left Fuming After Evmos’ Cosmos Cross Chain Fails to Launch
Evmos, a layer-1 blockchain compatible with EVM (Ethereum Virtual Machine) built on Cosmos, is facing a community backlash after the protoco...
Fantasm Finance DeFi Project Exploited for $2.6 Million
This week’s attack on Fantom Network-based synthetic asset protocol Fantasm Finance saw the loss of US$2.6 million worth of Ethereum. ...
Avalanche Launches $290 Million Program to Support ‘Multiverse’ Development
Avalanche (AVAX) has committed a whopping US$290 million, or 4 million AVAX tokens, as an incentive to attract gaming, DeFi and NFT ‘Subne...
Suspicious Code Detected in ETH Smart Contract Putting NFT Projects at Risk
According to the famous DeFi detective who goes by “Zahcxbt” on Twitter, 31 NFT projects may be at risk due to what he calls “suspicio...
Adobe’s Creative Platform ‘Behance’ Adds Support for Solana NFTs
Behance users can now connect their Phantom wallets to their accounts to showcase Solana (SOL) non-fungible tokens (NFTs) on their profiles....
BRISE DeFi Token Soars 120% as Bitgert Offers Business DeFi Products
As the overall crypto market continues to trend downward, the top-ranked cryptocurrencies have tumbled. Ethereum is one that has completely ...
Bug Causes Convex Finance to Redeploy $12 Billion Smart Contract
A “non-crucial” bug in Convex Finance’s reward system has necessitated the protocol to redeploy the US$12 billion smart co...
Dozens of Tokens Crumble as DeFi ‘Godfather’ Calls it Quits
Dozens of popular tokens have plunged after Andre Cronje, a prominent DeFi (decentralised finance) developer, decided to stop contributing t...