DeFi Protocol Curve Finance Moves Toward crvUSD Stablecoin
The renowned DeFi protocol, Curve Finance is progressing to launch its native dollar-pegged stablecoin, known as crvUSD. The developers of the platform released the initial code
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FBI Warns About Cybercrime in DeFi
The Federal Bureau of Investigation (FBI) has released a warning to investors about the increasing exploitation of DeFi platforms. This tweet was a public service announcement
DEX Trader Joe Introduces “Liquidity Book”; A Next Generation AMM Protocol
Trader Joe, the largest decentralized trading platform on the Avalanche network, announced to introduce a brand new automated market marker (AMM) called “Liquidity Book,” to solve
What Is a Governance Token All you Need to Know
As the name suggests, a governance token refers to a token that entitles its holders to participate in governance within a particular dApp, DeFi, or game.
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
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
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