DeFi News
CEO of DeFi Insurer, Nexus Mutual, Loses US$ 8M In A Targeted Attack
An unknown attacker drained 370,000 NMX tokens from Hugh Karp, CEO and founder of the DeFi insurance firm Nexus Mutual. The amount stolen is...
Report: Non-financial Risks in Decentralized Finance Investors Should Know
The decentralized finance (DeFi) market is faced with other risks than investors losing their money due to price fluctuation. BNC Research, ...
Aave Rehashed – Aave’s Upgraded v2 Protocol Is Here
A Finnish word for “Ghost”, Aave is a decentralized finance project that seeks to increase the transparency of decentralized finance, an...
Visa Partners With Circle to Connect Its 60M Merchants With Ethereum-based US Dollar Coins
Visa is taking a step further from traditional payments and jumping in on two major cryptocurrency projects. The first one is the recent ann...
Simon Green Warns About Escalating Cyberattacks Following The Australian Levitas Capital Hack
Simon Green, the CEO of Palo Alto Networks JAPAC, stated that cyberattacks are a major threat to the digital transformation of businesses in...
Pickle Finance Is The Latest DeFi Project To Be Beaten At Its Own Game
DeFi farming project Pickle Finance is the latest DeFi project to be hit hard by those who may share the same entrepreneurial spirit, if not...
DeFi MarketCap Hits $10 Billion
A new report by Coin Metrics shows the DeFi MarketCap at around $10 Billion USD, climbing back up to it’s all time high of around $15 ...
DeFi represents a new shift in focus in the cryptocurrency market
Bitcoin is powered by the free market, a decentralized internet of value. There have been comparisons of bitcoin to major currency markets, ...
Hacker Steals 2$ Million From Akropolis Savings Pools
Akropolis (AKRO), the Crypto DeFi platform, recently tweeted on November 12 that their savings pools were hacked by the amount of 2$ million...
Ethereum 2.0 Will Go Operational Sooner Than Expected
Although the release of the Ethereum 2.0 system was originally slated to go live on the 3rd of January, the work on the big update to the bl...
Mooning InfinityDefi Shapes the Industry’s Future
Arbitrage is the market behaviour of taking advantage of the market economy’s imperfect price system to get additional profits through buy...