After Devastating $3.8M Hack, Onyx Secures Approval to Relaunch Core Platform
TL;DR Onyx shuts down its Ethereum-based lending market following a hack that resulted in a loss of $3.8 million, exploiting a known security vulnerability. The community
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 Onyx shuts down its Ethereum-based lending market following a hack that resulted in a loss of $3.8 million, exploiting a known security vulnerability. The community
TL;DR Ethereal proposes an integration with the Ethena network to expand its ecosystem and improve onchain management. A 15% allocation of Ethereal governance tokens is offered
TL;DR Security Breach: Hackers exploited a flaw in Bedrock Protocol’s synthetic Bitcoin token, uniBTC, resulting in a $2 million loss. The breach mainly impacted decentralized exchange
TL;DR Base’s TVL Surpasses $2B: Base, Coinbase’s Layer 2 Ethereum network, has reached over $2 billion in total value locked (TVL), marking a 370% growth from
TL;DR Onyx Protocol, a fork of Compound Finance, suffered a cyber attack that resulted in a loss of $3.8 million. The attackers exploited a known precision
TL;DR Osmosis launches Polaris, a “token portal” that simplifies cross-chain trading through a single interface, addressing fragmentation in DeFi. Polaris will allow users to operate with
TL;DR The TON Foundation has launched a 5 million Toncoin DeFi incentive program, equivalent to over $23.6 million. This new program follows the successful launch of
TL;DR Euler launches v2 of its DeFi protocol with a modular design for highly customizable lending and deposit vaults. The new version, following a year of
TL;DR Launch of World Liberty Financial: Eric Trump has officially launched World Liberty Financial (WLFI), a decentralized finance (DeFi) project aimed at transforming the financial landscape
TL;DR Vitalik Buterin defends Polymarket: Ethereum co-founder Vitalik Buterin supports Polymarket, emphasizing its role as a “social epistemic tool” that provides public insights into significant events,
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