Solana Based Nirvana Finance Suffers $3.5M Flash Loan Exploit
Nirvana Finance, a Solana-based yield protocol, suffered a flash loan attack which resulted in a loss of $3.5 million. The cyber criminal utilized flash loans in
defi (Latest Publications)
What Is NFT Lending And How to get Yields with Them?
A number of DeFi platforms are offering NFT loans. In some cases, NFT owners can use the loans to exchange cryptocurrencies or fiat currency for their
Hackers Steal 8 Million Dollars Taking Advantage of an Exploit in Crema Finance
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
DAO – What is a Decentralized Autonomous Organization?
This definition of a decentralized autonomous organization (DAO) refers to an organization established by computer instructions that are organized by rules, often in time-based formats, controlled
DeFi Platform Inverse Finance Hacked; Loses Over $1.2M
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,
Binance Labs Drum Up $500M To Boost Web 3 Adoption
Binance Labs, the venture capital arm of cryptocurrency behemoth Binance, raised $500 million in partnership with global institutional investors DST Global Partners and Breyer Capital to
Coinbase Revamps its App; Gives Access to Web3, NFTs and Much More
Cryptocurrency exchange giant, Coinbase, is diving deeper into the world of Web 3 with its new product. The crypto exchange platform just rolled out a redesigned
Fairfax, Virginia Considers Putting Pension Fund Money Into Crypto Yield Farming Funds
County officials in Fairfax, Virginia, are considering investing pension fund funds in two crypto funds that engage in yield farming. Using DeFi as an alternative investment
The IMF Publishes a Statement Where it Talks About DeFI, its Risks and Benefits
Financial stability issues are discussed in a recent IMF report. It states that the dangers have increased as the financial system’s resilience is put to the
Bank of England is on Work for Britain’s First Crypto Regulatory Framework
The Bank of England, the central bank of Britain, is on work to bring forward the first regulatory framework for the crypto sector in the country as the ongoing geopolitical crises put this sector under regulators’ main agenda.
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