Value Defi – DIGIT INFO

Ethereum devs grumble as Harvest Finance and Value Defi eye Binance Smart Chain

DIGIT — Fri, 12 Feb 2021 00:17:18 +0000

Two Ethereum-native DeFi protocols are headed to Binance Smart Chain, but critics doubt the layer-1 has staying power

Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

DIGIT — Wed, 25 Nov 2020 01:46:53 +0000

Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack was first reported on Nov. 21. At the […]

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Defi Protocol That Bragged About Having Flash Loan Attack Prevention Hacked for $6 Million

DIGIT — Tue, 17 Nov 2020 10:03:49 +0000

A decentralized finance (defi) protocol that bragged about having flash loan attack prevention has been exploited for $6 million in DAI, in a flash loan attack. Value Defi, a yield aggregating protocol, boasted of having the “highest security” in a Nov. 13 tweet that now appears to have been deleted. The protocol claimed that its […]

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