$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth
Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector. Go to Source Powered by WPeMatico
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Anonymous Developer Deploys Curve Contracts, Forcing Early Launch
Paying more than $8,000 in fees, an unknown developer has prematurely deployed Curve’s tokens and contracts resulting in an unexpected launch. Go to Source Powered by WPeMatico
Defi Implosion: YAM Token Market Cap Plummets to Near Zero After Founder Claims He ‘Failed’
Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a.m. ET, cofounder Brock Elmore tweeted that he was sorry he “failed.” On Wednesday, well … Read more
Figuring Out Who’s to Blame for DeFi’s Persistent Security Issues
Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure? Go to Source Powered by WPeMatico
MyEtherWallet Latest to Enter DeFi Arena With Integration on Aave and Ren
Ethereum’s oldest user-friendly wallet is staking territory in DeFi. Go to Source Powered by WPeMatico
YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero
Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter. Go to Source Powered by WPeMatico
Rebase Bug Permanently Breaks Yam Governance
Unaudited contracts resulted in its death after all. Go to Source Powered by WPeMatico
Down to the Wire: Yam Finance Saved at the Last Minute
Catastrophe has been narrowly averted by YAM Finance after the DeFi community rallied in support of a campaign to recapture governance over the protocol. Go to Source Powered by WPeMatico
Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short
A Yam Finance code flaw saw the project ask investors to pledge to save the platform. Not enough have. Go to Source Powered by WPeMatico
Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally
Ethereum’s hashrate recently surged to a 20-month high but will ETH price follow? Go to Source Powered by WPeMatico
