Tag: #defi

Aug 30 2022

FBI warns about cybercriminals using DeFi as a target

The enforcement agency (FBI) highlighted smart contracts managing DeFi systems as a specific source of worry. In light of the $1.6 billion in exploits planned for 2022 against decentralized finance (DeFi) networks, the US Federal Bureau of Investigation (FBI) has issued a new warning to investors in these platforms. In a public service notice posted […] The post...

Aug 23 2022

Hacker makes ineffective attempt to exploit bridge protocol

Aug 23 2022 Published at Coinscreed under tags  bitcoin bitcoin news #defi #hackers news

Within 31 seconds, the effort was thwarted, and the hacker forfeited their 5 ETH security deposit. The CEO of Aurora Labs, Alex Shevchenko, described a hacker who tried to use the Rainbow Bridge but lost 5 Ether (ETH), which is now worth around $8,000, in a Twitter thread. Meanwhile, not all hackers, can profit handsomely […] The post...

Aug 12 2022

Attackers Hijack Curve Finance DNS, Steal $570K

Decentralized crypto exchange Curve Finance discovered its DNS was being hijacked in another significant security breach in the cryptocurrency world. On the main page, the hackers were able to insert a fraudulent contract that, if accepted by the victim, would entirely empty the user's wallets. The attackers took more than 570K from user wallets on […] The post...

Jun 27 2022

LOVE-001 Looks Uncertain After MakerDAO Rejection

Jun 27 2022 Published at Coinscreed under tags  #dao #defi makerdao news

MakerDAO finally rejected a proposal to create LOVE-001 with 60.17% votes against and 38.28% of votes in favor MakerDAO votes against creation of LOVE-001 MakerDAO decided today against establishing an oversight group whose job it would have been to inform MKR owners about the nuances of upcoming proposals. A proposal to substantially alter the governing […] The post...

Jun 07 2022

New U.S. Crypto Bill Reveals Phase Of Crackdown, Restrictions For DAOs

Jun 07 2022 Published at Coinscreed under tags  breaking #crypto bill #dao #defi

The leaked new U.S. bill on crypto reveals restrictions on DAOs new regulations for exchanges and a new phase of crackdown on crypto After reviewing the document, seasoned cryptocurrency analyst Adam Cochran, founder of Cinneamhain Ventures and contributor to Yearn.Finance, said it appears to be a draft of an upcoming US bill on digital assets. […] The post...

May 14 2022

Fantom Blockchain Suffers Another Massive DeFi Hack

May 14 2022 Published at Coinscreed under tags  #defi defi #fantom blockchain

The Fantom Blockchain has succumbed to yet another hack which caused the native token FTM to fall by 15% in 24 hours The Fantom blockchain has been hacked yet again causing its native coin, FTM, to fall in value. The platform's native token, FTM, is currently trading at $0.334, following a dramatic 15% decline in […] The post Fantom...

May 03 2022

DeFi Vs NFT: Which Digital Asset Is The Future Of Finance?

May 03 2022 Published at Coinscreed under tags  #defi defi #finance #nft nft

Mark Cuban needs no introduction, but we have been impressed by his depth of knowledge of the space and willingness to address the community. Listen as we ta...

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