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DeFi

Learn about DeFi (Decentralized Finance) and its impact on traditional financial systems. Discover the opportunities and challenges it presents.

DeFi

Learn about DeFi (Decentralized Finance) and its impact on traditional financial systems. Discover the opportunities and challenges it presents.

Lending   -   Apr 28, 2023 Hundred Finance Hacked for $7 million
Hundred Finance and Optimism logos

Multi-chain lending protocol Hundred Finance has been hacked. The hacker drained the protocol by manipulating the loan-to-collateral security mechanism.

DEX   -   Apr 22, 2023 SushiSwap Exploit: What Happened?
SushiSwap Exploit: What Happened?

SushiSwap users lost about 1800 ETH, or more than $3 million, as a result of a smart contract vulnerability. Fortunately, most of the funds were recovered.

Helium logo, Solana logo, party poppers
DeFi   -   May 05, 2023 Helium On Solana

The migration of the Helium project to Solana, despite a slight delay, was successful. The price of the new IOT token has rocketed by more than 600%. Nevertheless, ‘hotspot’ node operators are yet to accommodate the new rules.

Alex Harutunian
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DeFi   -   May 05, 2023 Helium On Solana
Helium logo, Solana logo, party poppers

The migration of the Helium project to Solana, despite a slight delay, was successful. The price of the new IOT token has rocketed by more than 600%. Nevertheless, ‘hotspot’ node operators are yet to accommodate the new rules.

Alex Harutunian
Lending   -   Apr 28, 2023 Hundred Finance Hacked for $7 million
Hundred Finance and Optimism logos

Multi-chain lending protocol Hundred Finance has been hacked. The hacker drained the protocol by manipulating the loan-to-collateral security mechanism.

Alex Harutunian
DEX   -   Apr 22, 2023 SushiSwap Exploit: What Happened?
SushiSwap Exploit: What Happened?

SushiSwap users lost about 1800 ETH, or more than $3 million, as a result of a smart contract vulnerability. Fortunately, most of the funds were recovered.

Alex Harutunian
Staking   -   Apr 21, 2023 Ethereum Staking Markets Heat Up With Shapella Upgrade. Lido in Spotlight
Ethereum Lido staking

Ethereum Shapella upgrade made staking on the largest blockchain financially more attractive and reignited competition in the staking-as-a-service business. Lido, a staking platform that provided a workaround before, can either lose or win it all.

Alex Harutunian
DEX   -   Apr 01, 2023 Polkaswap: New Business Model for DEX Liquidity
Polkaswap: New Business Model for DEX Liquidity

Polkaswap decentralized exchange (DEX) is breaking new ground in DeFi business models with its DEX-as-a-service offering.

Alex Harutunian
Lending   -   Mar 27, 2023 UPD: Euler Finance Hacker Returns around 59,000 Ether

On March 25 the hacker behind Euler Finance’s $197 million exploit returned most of the stolen funds to the protocol.

Alex Harutunian
DeFi   -   Mar 26, 2023 Crypto Options DEX Aevo by Ribbon Finance
Aevo and Ribbon logos with chart of aggregated open interest of Ethereu options on background

Ribbon Finance is going to launch Aevo, “a high-performance, order-book based decentralized exchange that comes with all the features necessary for a pro options trader”.

Sasha Markevich
Lending   -   Mar 23, 2023 UK Court Ordered Oasis to Exploit Own Security Flaw to Recover 120k wETH Stolen in Wormhole Hack
Oasis Wormhole hack counterattack

Around $140 million worth of wrapped ether, stolen last year in a hack on the Wormhole token bridge, has been recovered using a counter-exploit on the Oasis.app vault in which it was being held. A UK court ordered Oasis to carry out the recovery action.

Jack Martin
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