Tag: cream finance

Oct 30 2021

Oct 29 2021

Oct 28 2021

Ethereum DeFi Protocol Cream Finance Succumbs To $130 Million Flash Loan Hack

Cream Finance is the latest Ethereum DeFi protocol to suffer another hack. The attackers had used a flash loan attack and made away with $130 million. Cream Finance confirmed the attack via a Twitter post where the project revealed that they were investigating the cause of the hack. The exploit had exposed vulnerabilities in the protocol’s lending pools, which had to be shut...

Oct 27 2021

Sep 08 2021

C.R.E.A.M. Finance begins bridge strategy bringing NFTs and the Metaverse to DeFi

Sep 08 2021 Published at CryptoNinjas under tags  cream finance networks & protocols

C.R.E.A.M. Finance, a decentralized lending protocol, is bringing NFTs and the Metaverse to DeFi with phase one of its larger strategy to build the bridges between DeFi, NFT, and the Metaverse ecosystems. In collaboration with Chainlink, C.R.E.A.M. Finance is now the first borrowing/lending DeFi...

Sep 01 2021

Defi Hack: CREAM Finance Promises to Payback Stolen Ether & AMP to Users

Sep 01 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The Defi protocol platform, CREAM Finance has updated the users of its plan after the hack, in a recent post-mortem piece. It has guaranteed to repay the stolen ETH and AMP so that there are no liquidity issues for the users. However, to accomplish a complete payback, CREAM Finance will be allocating 20% of its The post Defi Hack: CREAM Finance Promises to...

Aug 30 2021

Breaking: Cream Finance Faces Second Flash Loan Attack in 2021, Loses $18 Million

Cream Finance, the Defi lending protocol has become a victim of another flash loan attack in which the losses are estimated to be about $18 million. According to early reports from Wu Blockchain, there were two attackers behind the exploit that carried out the heist in 17 transactions. Panic Shield, blockchain security, and the analytic The post Breaking: Cream Finance Faces Second Flash...

Jul 21 2021

Top 10 DeFi Updates | July Week 3

The decentralized finance (DeFi) space has continued to grow exponentially, thanks to increasing global interest as well as important new updates. To keep readers informed, we have listed some of the top DeFi updates of last week. Such DeFi updates include the yield farming program from TrustSwap and CREAM as well as Cardano recently completing its Alonzo upgrade. 1 - TrustSwap and CREAM...

Jun 11 2021

Apr 20 2021

C.R.E.A.M. Finance, Immunefi, Armor.fi, and DeFiSafety boost DeFi security with $1.5M bug bounty

Apr 20 2021 Published at CryptoNinjas under tags  c.r.e.a.m. cream cream finance security

CryptoNinjas » C.R.E.A.M. Finance, Immunefi, Armor.fi, and DeFiSafety boost DeFi security with $1.5M bug bounty...

Apr 08 2021

Cream Finance Launches Cross-Protocol Flash Loans

Cross-protocol flash loans are coming to Cream Finance. Protocol-to-Protocol Flash Loans on Cream Finance The lending protocol will allow other protocols to borrow from its pools through its Iron Bank feature....

Mar 26 2021

DeFi Project Spotlight: Small-Cap Lending Platform Cream Finance

Cream Finance takes some of the more popular ideas from DeFi's lending and borrowing space one step further. The project lists nearly 70 different assets, LP tokens, and various derivative tokens from many popular DeFi projects. What's more, users can lend and borrow against each token to create unique opportunities. ...

Mar 15 2021

PancakeSwap and CREAM Finance Suffer DNS Attack

The cryptocurrency space, since its inception, has suffered at the hands of nefarious individuals looking to rob unsuspecting people of their funds. Many crypto platforms and projects have had to close shop or file for bankruptcy following an unprecedented hack. PancakeSwap, the popular DEX platform built on the recently launched Binance Smart Chain (BSC), and CREAM finance are at the receiving end of...

Binance Smart Chain Listed Cream and Pancake Defi Protocols Falls Prey to DNS Hijack

Mar 15 2021 Published at Coingape under tags  altcoin news bnb bnbbkrw bnbbtc bnbbusd

Pancake Swap, Cream Finance, and few other Defi protocols listed on Binance Smart Chain (BSC) have reportedly experienced a DNS breach from a third-party. Binance CEO Changpeng Zhao has asked traders to stay away from these breached Defi protocols until the risk is mitigated. A number of DeFi projects are under DNS hijack attack. Pancake, The post Binance Smart Chain Listed Cream and...

Feb 16 2021

CREAM Finance Hack Causes Price To Tumble 30%!

Another hack rocks the decentralized finance (DeFi) space. This time CREAM Finance has allegedly lost about 13,000 ETH, valued at about $24 million, to hackers. This value is, however, still just speculation as CREAM Finance is yet to release in-depth details about the hack. Following the hack, the price of CREAM Finance's native token, CREAM, dropped by a whopping 30% in just a...

Feb 13 2021

Breaking: Cream Finance Gets Exploited For $37.5 million

Cream Finance or Iron Bank has become the latest defi protocol to fall victim to an exploit that possibly leads to a $37.5 million heist. The official Twitter handle of the protocol the issue and said that they were looking into...

Cream Finance Drained of $37.5 Million in Major Exploit

Cream Finance was drained of $37.5 million earlier this morning. Cream Finance Exploited The DeFi space has suffered yet another attack. This time, the Cream Finance protocol was affected. The team confirmed that it was investigating "a potential...

Alpha Finance Suffers $37.5 Million Loss in Major Attack

An attacker targeted DeFi protocol Alpha Finance for a sum of $37.5 million earlier this morning. The exploit was found in the protocol's Alpha Homora V2 product--not Cream Finance, as many suspected. Another DeFi Exploit The DeFi space has suffered yet another attack. ...

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