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.
Another exploit has been recorded in the DeFi world, as the Solana-based liquidity protocol, Crema Finance, was compromised by hackers. On Saturday, the platform tweeted that
In recent developments, a Metaverse Asset Bank, XCarnival has experienced an outrageous hacking attempt. It lost over 3,087 ETH tokens in the attack. However, the network was
An attack targeting a critical vulnerability in Horizon Bridge, a cryptocurrency bridge that was targeted by hackers, resulted in the theft of about $100 million.
Elon Musk and his popular organization are caught in a flurry of allegations for running and supporting a pyramid scheme to support Dogecoin. Along with Musk,
Ethereum-based DeFi lending protocol, Inverse Finance, suffered a flash loan attack, where attackers stole $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC). As per Peckshield,
The Bank of Israel announced that it is collaborating with Hong Kong Monetary Authority to phase out a digital currency, including finding out how it handled
MetaMask published an article describing a vulnerability in the wallet and the fixes that have been made in the new version. The release notes point out
Ever since January, cryptocurrencies have seen a considerable decline. As a result, current investors are selling off their assets at a lower price. On the other
Cryptocurrencies were rather unknown a few years back, and no one could anticipate their integration into the traditional economic ecosystem. However, the modern world changes at
Ethereum Layer-2 solution, Optimism, lost 20 million tokens that were inadvertently sent to a wrong blockchain address. The digital tokens were sent to Layer-1 ETH wallet,
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