DeFi News
Polygon YELD Token Goes to Zero as $250,000 Disappears
Another Polygon Yield Farming token has crashed after attackers found a vulnerability in the platform’s smart contract, exploiting it ...
Goldman Sachs Plots a Move into ‘DeFi’ with its ETF, Critics Speak Out
Following a July 26 filing with the Securities and Exchange Commission (SEC), Wall Street investment bank Goldman Sachs has taken its tentat...
THORChain Suffers Another Attack: $8 Million Held, Hacker Wants 10% Bounty
THORChain has been once again schooled by hackers who managed to take a further US$8 million in this latest attack, bringing the total losse...
Decentralised Accommodation Site Grows 120 Times Faster Than Airbnb
Dtravel, a new decentralised travel platform in the home-sharing economy, has already recorded massive growth. On July 21, the company annou...
$27 Billion Grayscale Launches DeFi Index for Institutional Investors
Grayscale Investments, the world’s largest digital currency asset manager, has announced the launch of its newest diversified investment p...
Bondly Token Crashes 90% in Potential DeFi Rug Pull
Bondly Finance, a decentralised NFT platform, has suffered an alleged exploit from an unknown attacker. The project claims that an “unknow...
DeFi Project Thorchain Attacked, Draining $4.9 Million Worth of Ethereum
Thorchain has suffered a second attack, draining millions in assets from the protocol. The attack was brought on by an unforeseen exploit in...
Aussie Lawyers Propose New Legal Entity for Decentralised Companies (DAOs)
Decentralised Autonomous Organisations (DAOs) in Australia are currently construed as partnerships or unincorporated associations. The Digit...
Crypto Exchange ShapeShift Decentralises Entire Company in Largest Airdrop in History
ShapeShift, a non-custodial cryptocurrency exchange, is completing its long-awaited evolution into a “community-owned and governed cry...
$100 Million Aussie Crypto Fund Manager Avoids DeFi But Still Makes 119% Returns
Melbourne-based crypto fund Apollo Capital has outperformed Bitcoin in its year-to-date profits, returning 119 percent compared to Bitcoin...
DeFi Tokens Leading the Market as BTC Nears $35,000
Several DeFi tokens are seeing considerable surges in the market as Bitcoin nears US$35,000, pushing the total crypto market to over $1.5 tr...
Stellar Lumens (XLM) is Launching a Decentralised Exchange (SDEX)
Open source blockchain payment network and protocol Stellar is another step closer to enabling decentralised finance (DeFi). Two potential c...