GMX Paid A Hefty Prize Because Of This Flaw
GMX, a decentralized exchange, awarded Collider Research a $1 million bug bounty in 2022. This payout was in recognition of their...
Saturday, September 30, 2023
DeFi
Balancer Protocol Gets Compromised Second Time In Less Than A Month
One of the leading decentralized finance (DeFi) protocols, Balancer Protocol – an Ethereum-based automated market maker (AMM), has recorded the...
How Zodia Custody Hopes to Woo Stablecoin Investors With Yield
As banks and their cryptocurrency divisions compete hard to curry favor with institutional investors, Standard Chartered-owned Zodia Custody has announced...
DeFi Needs Rules to Manage Risk Better, Expert Argues
The 2008 financial crisis was a landmark moment in the history of finance. It changed the image of banks from...
Why Coinbase CEO Brian Armstrong Wants DeFi Protocols To Take The Fight To Regulators
Amid the intensifying regulatory scrutiny of the crypto industry, regulators have turned their attention toward decentralized finance (DeFi) protocols, accusing...
ATOM sees limited upside after Cosmos Hub’s upgrade
Cosmos Hub’s Liquid Staking Module just went live, bringing new utility to ATOM. ATOM price has jumped 3% in the...
Mantle Network expands to RWA via Ondo Finance’s USDY
Mantle, an Ethereum layer 2 solution, has expanded its product offering via Ondo Finance’s USD Yield (USDY). Users can access...
Berlin based crypto custodian Finoa to offer access to regulated DeFi
Finoa was approved by the German financial regulator BaFin earlier this year. Finoa will offer FinoaConnect to its 300-plus institutional...
Back From The Dead: Friend.tech TVL Surges To New ATH
Friend.tech, once presumed a dead platform, has made a tremendous comeback, reaching a new all-time high in terms of Total...
Parrot IDO Participants Upset Over Redemption Proposal
The developers behind Parrot Finance, a Solana-based DeFi lending protocol, want to transition to a tokenless system and redeem existing...
Steadefi Hit With Exploit Putting All Funds It Handles at Risk
Steadefi, a popular yield aggregator, has been the target of an exploit, and all the funds it handles are at...
Solana DEX Cypher Protocol Loses $1 Million From Exploit
Solana’s Cypher Protocol froze its smart contract after losing a suspected $1,035,203 to an exploit on Monday. The project’s team...
