DeFi News
Bent Finance Confirms Pool Exploit, $1.6 Million Rug Pull Suspected
Another day, another DeFi rug pull when, on December 20, Bent Finance discovered there had been an exploit of its staking and farming platfo...
Jack Dorsey Causes Twitter Storm, Calls Web 3.0 a Centralised Venture Capital Playground
Following his recent departure from Twitter, many suspected Jack Dorsey would be spending his time on Bitcoin after saying earlier this year...
Shopify to Offer Merchants NFT Minting Services
Shopify has opened its non-fungible token (NFT) beta that allows participants to mint and trade their own branded NFTs on its platform. The ...
Yearn Finance Token Soars 50% Amid Aggressive Buyback Program
Yearn Finance (YFI) proved to be one of the best performers in the crypto market last week, rallying almost 50 percent to hit a fortnightly ...
Grim Finance DeFi Protocol Hacked for $30 Million in Fantom Tokens
Grim Finance is the latest DeFi (Decentralised Finance) protocol to fall victim to a hack in which attackers exploited a flaw in the vault c...
Chainalysis Report Shows Scam Revenue Rose 81% in 2021
Cryptocurrency scams, particularly rugpulls – when a team behind a project cuts and runs with investors’ funds – have become t...
US Congressman Mentions ‘Mongoose Coin’, Hours Later It Moons 320,000%
After US Congressman Brad Sherman mockingly mentioned “Mongoose Coin” at a crypto hearing, it prompted a few crypto degens to launch a m...
DeFi Protocol BadgerDAO Exploited: $120 Million in Funds Drained
BadgerDAO is the latest decentralised finance (DeFi) protocol to be hit by hackers, draining US$120 million worth of cryptocurrencies. Hacke...
MBOX Token Explodes 138% as MOMOverse Becomes First Metaverse to Integrate with Binance
Amid a host of metaverse projects currently on the rise, one gaming altcoin is surpassing all expectations after it rallied 138 percent in a...
$31 Million Stolen in MonoX DeFi Hack
The decentralised finance (DeFi) market has been hit by yet another hack, with US$31 million in a variety of cryptos stolen from MonoX Finan...
DeFi Analytics Platform DappRadar Set to Launch Own Token and Dapp Store
A leading platform to help people find and understand the market performance of decentralised applications (dApps) – DappRadar –...
New Malware ‘Babadeda’ is Targeting Crypto Users on Discord
A highly sophisticated and very dangerous crypter is loose in the crypto community. It has been named the Babadeda crypter and is targe...