Crypto Carnage: May Saw $42.6M Lost to Hacks and Scams
TL;DR In May, the crypto community suffered $42.6 million in losses due to hacks, scams, and exploits. Flash loan attacks accounted for the majority of losses,
Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.
In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of that happens around you.
Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.
TL;DR In May, the crypto community suffered $42.6 million in losses due to hacks, scams, and exploits. Flash loan attacks accounted for the majority of losses,
TL;DR Orbs has launched Perpetual Hub, a solution for on-chain perpetual futures trading, aiming to maximize capital efficiency and trading value. Perpetual Hub leverages Orbs’ L3
TL;DR Maple Finance launches Syrup, a new institutional performance platform. Users can access secured institutional loans without requiring permissions. A reward system called “Drips” is introduced
TL;DR Groundbreaking news for DeFi!Ā Zeta Markets, a major player in decentralized exchanges (DEXs), is building ZX. This innovative technology will be the first-ever DeFi Layer 2
TL;DR Kakarot ZK-EVM, an EVM module based on ZK, has launched its public testing phase to enable the execution of smart contracts onĀ Starknet. ZK-EVM allows developers
TL;DR deBridge launches its DBR governance token with a total supply of 10 billion. 20% of the total supply goes to airdrop and launch activities. DBR
TL;DR Blast L2 Airdrop Postponed: The anticipated BLAST token airdrop by Ethereum layer-2 solution Blast has been delayed from May toĀ June 26, with an increased distribution
TL;DR OKTO Expansion: OKTO is set to launch its own blockchain and native token, transitioning from a wallet app to a full-fledged Web3 ecosystem, aiming to
TL;DR StaFi integrates EigenLayer’s Liquid Restaking Token (LRT) into its Liquid Staking as a Service (LSaaS) stack as part of its roadmap. The addition of LRT
TL;DR Optimism is advancing its Superchain platform to drive the development of layer 3 applications. Layer 3 developers can join Superchain to leverage the OP Stack
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ā© Crypto Economy