
DeFi Protocol Hope Finance Hacked; Loses $2M User Funds
Hope Finance, an Arbitrum based decentralized finance (DeFi) project, fell prey to cyber criminals who drained nearly $2 million worth of user funds.
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.
Hope Finance, an Arbitrum based decentralized finance (DeFi) project, fell prey to cyber criminals who drained nearly $2 million worth of user funds.
Sony Network Communications, a subsidiary of Japanese conglomerate the Sony Group, has just teamed up with blockchain innovation hub Astar Network to launch a Web3 Incubation
Flux Finance, a decentralized finance (DeFi) platform that provides many decentralized services, such as lending, borrowing, and trading, is introducing a lending protocol allowing users to
It has been reported by DappRadar that 2023 will be the year when the crypto industry will make a comeback due to the recovery of NFTs
The hacker responsible for the Wormhole bridge attack still hasn’t stopped making moves. After stealing $321 million, the Wormhole hacker has now shifted approximately $151 million
It has been announced in a recent blog post that Matter-Labs has partnered with Espresso Systems to provide better privacy for blockchain users.
Among the plans that SushiSwap has for the coming year, according to a recent post from its head chef, are the development of a decentralized exchange
Blockchain gaming adoption will be driven by gameplay improvements, according to a survey from the Blockchain Gaming Alliance.
Aave, one of the leading DeFi lending protocols, is emerging as one of the top players in the crypto ecosytem as its native token, AAVE, pumps
Since the beginning of this year, many investors have breathed a sigh of relief as the situation in the crypto market has started to get better.
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