KyberSwap Retrieves $4.7 Million After Negotiations With Bot Operators
Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted...
NFT News
Inferno Drainer says it’s shutting down after helping steal $70M in crypto
Inferno Drainer, one of the most popular crypto wallet-draining kits for hire says it is shutting down for good after...
There’s More to the Story
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46...
KyberSwap DEX exploited for $46 million, TVL tanks 68%
Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized...
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle has introduced a new standard to streamline the process of launching its stablecoin, USDC (USDC), on new networks, according...
dYdX raises margin requirements in some markets, bans “highly profitable trades”
Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund...
Aave Ecosystem Rebranding to Avara
Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that...
Yearn Finance’s YFI Token Tumbles 40% Daily Despite V3 Announcement
The native token of the Yearn Finance ecosystem has plummeted by 40% overnight, which led to certain speculations within the...
3 metrics DeFi traders can watch in order to spot the next crypto bull market
The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of...
RUNE Soars 40% Weekly as THORChain Claims 2nd Place in DEX Daily Trading Volumes
THORChain, a native asset settlement protocol, is now the second-largest decentralized exchange (DEX). Its native token, RUNE, has experienced a...
Opyn Co-Founders Step Down Amid Regulatory Pressures
The co-founders of Opyn, a prominent DeFi options protocol, have announced their departure from the company and the crypto industry....
Who Will the Famous Athlete Be?
TL;DR Shiba Inu’s New Release: The Shiba Inu team announced the second edition of The Shib Magazine and a 3,000...
Aave V3 Markets Resume Operations Following Security Vulnerabilities
Aave V3 markets have been unpaused by the Community Guardian, signaling the resolution of the issues that prompted the temporary...
International Statutory Bodies Can Join Forces in Framing ‘Cohesive’ DeFi Rules
The proactive approach to framing crypto-specific guidelines comes as a respite after years of conversations about an outright ban on...
Regulatory Uncertainty Impedes DeFi’s Growth in North America: Chainalysis
North America emerged as the dominant cryptocurrency market, boasting an estimated on-chain value of $1.2 trillion between July 2022 and...
Solana’s Largest DeFi Protocol Restricts Access to UK Users
Marinade Finance, the largest decentralized finance (DeFi) protocol on the Solana blockchain, has recently initiated a process to block access...
Stablecoin Activity Takes Crown From DeFi in Q3: Report
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become...
NFT Industry Stages a Comeback After Dwindling Sales: Nansen
Non-fungible token (NFT) was one of the worst-hit sectors in the digital asset industry, following a year-long downward trend. Dwindling...
Aave Initiates Vote to Temporarily Disable Stable Borrows Across All Networks
Decentralized finance (DeFi) platform Aave has taken a significant step to bolster security measures, initiating a crucial vote to disable...
BNB Chain, Ethereum Blockchains Suffer 20 Attacks in October, Taking the Hardest Hits: Report
According to the latest report from Immunefi, from January to October 2023, over $1.41 billion has been lost to hacking...
Consensys Advocates for Nuanced Approach Following IOSCO’s Report
As different jurisdictions gear up for regulations on the digital asset sector, DeFi remains a tricky subject. The International Organization...
Frax Finance Reports Domain Hijacking Incident
Frax Finance, a prominent decentralized cross-chain protocol, has warned its users, urging them not to use the frax.finance and frax.com...
