Decentralized insurance protocol Cover holds vote to cover Pickle hack
If the vote passes, the claim will move to a validity committee to approve a possible payout of $340,000. Go to Source Powered by WPeMatico
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Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep track of them all. Moreover, while many … Read more
Ethereum 2.0 to boost DeFi but delayed launch may set the network back
The launch of Ethereum 2.0 is bound to support DeFi growth, but would it be capable of handling the pace at which DeFi is growing? Go to Source Powered by WPeMatico
DeFi-ing expectations: Great opportunities in crypto can come at a price
A record-breaking year for DeFi, but can it break away from the negative perceptions around yield farming and pump-and-dump schemes? Go to Source Powered by WPeMatico
$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit
The perils of decentralized finance in the spotlight yet again after the latest major DeFi exploit Go to Source Powered by WPeMatico
Crypto hedge fund Pantera Capital files for massive $134 million raise
The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. Go to Source Powered by WPeMatico
Stretched thin? Wrapped Bitcoin assets may encourage supply crisis
WBTC, BTCB, and other wrapped Bitcoin implementations may contribute to a BTC supply shortage looming on the horizon Go to Source Powered by WPeMatico
TrustSwap Leverages its Escrow and Time-lock Services to Build a Startup Launchpad
In recent months, a new DeFi upstart has been making a name for itself in the cryptocurrency arena. It’s called TrustSwap, and it’s purpose-built to fill a void in the crypto industry that’s integral to the continued mission of bridging the gap between crypto and mainstream finance. TrustSwap accomplishes this by providing a service platform … Read more
Smart contract standards: Making DeFi transactions on Ethereum more secure
A new working group aims to create standards that will ensure secure Ethereum smart contracts are used by businesses and DeFi projects. Go to Source Powered by WPeMatico
Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live
PRESS RELEASE. Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security measures. What is Yearnify Finance? Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), … Read more