Tag: defi news

Sep 15 2021

Defi Hack Alert: NowSwap losses over $1 Million in cyber attack

Sep 15 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

According to news from the Analytic group, PeckShield, the DEX protocol, NowSwap was hacked and lost more than 1 million USD in funds. The attackers stole 535,000 USDT and 158 WETH. USDTs are converted to ETH through the distributed network service, 1inch, and further transferred to the Ethernet Square anonymous trading platform, Tornado Cash. Furthermore, The post Defi Hack Alert: NowSwap losses over...

Sep 13 2021

Sep 12 2021

Sep 11 2021

DeFi TVL Tests Extremes as Market Looks to Sustain Ongoing Recovery

Sep 11 2021 Published at Coingape under tags  bitcoin bitcoin news btceur btcgbp defi

Following the latest flash crash that offset the recent price run in the digital currency ecosystem, the decentralized finance (DeFi) ecosystem has picked up a recovery that is evident in its Total Value Locked (TVL). According to data from DeFiPulse, the current TVL for all of its listed DeFi protocols was pegged at $86.9 billion The post DeFi TVL Tests Extremes as Market...

This Country Opens Crypto Buying Option via Post Offices

Sep 11 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

According to CoinDesk’s recent report, the U.K. Post Office will allow crypto purchases via the identity verification service, EasyID from next week. EasyID users can buy crypto vouchers from the decentralized exchange (DEX) Swarm Markets. The vouchers can further get reclaimed in exchange for Bitcoin or Ether on the Swarm Markets’ platform. EasyID was initially The post This Country Opens Crypto Buying Option...

Sep 04 2021

Raydium (RAY) Price Analysis: Solana Based RAY Up 30% Over Last Week, Next target $15?

Sep 04 2021 Published at Coingape under tags  algobnb algobtc algobusd algoeth algotusd

RAY is up over 30% the last week Price has formed an ascending channel RAY is being held up by the 40 MA SOL Gang is On Rise Raydium (RAY) is a new token that was launched in early 2021. Raydium (RAY) just underwent a Binance listing in mid August which has caused a healthy The post Raydium (RAY) Price Analysis: Solana Based...

Solana (SOL) Skyrockets To New Highs Following The Ignition Hackathon

Sep 04 2021 Published at Coingape under tags  altcoin news btcbrl btcbusd btcdai btceur

Solana (SOL) took the crypto market by storm when it smashed an all-time high of $145.97 today. Since early 2021, Solana has demonstrated an aggressive bull rally. The token nailed a whopping growth rate of over +7,500%, acquiring a massive market capitalization of over $41 billion. Very recently, Solana dethroned $DOGE and became the seventh The post Solana (SOL) Skyrockets To New Highs...

Sep 03 2021

MANA Price Analysis: Decentraland (MANA) Awaits Breakout Of Channel, Will Bulls Push It Past $1.00?

Sep 03 2021 Published at Coingape under tags  algobnb algobtc algobusd algoeth algotusd

MANA price has risen over 15% the last week MANA Price has been held up by the 100MA MANA has formed an ascending channel MANA Eyeing $1? Decentraland (MANA) has been underperforming the market over the last month. Although prices have successfully risen nearly 100%, ETH has been outperforming MANA since the bottom hit on The post MANA Price Analysis: Decentraland (MANA) Awaits...

Sep 02 2021

AVAX Forms Falling Wedge Pattern, Is A Bullish Breakout Imminent?

Sep 02 2021 Published at Coingape under tags  algobnb algobtc algobusd algoeth algotusd

AVAX price has fallen over -30% the last week AVAX Price has formed a falling wedge pattern 100MA continues to act as support Avalanche (AVAX) had an amazing run the last few weeks as prices surged over 200%. This price movement put AVAX price at a new high for the first time in many months. The post AVAX Forms Falling Wedge Pattern, Is...

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 31 2021

DeFi Exploits 2021: CipherTrace Reports $474 M Loss in Flash Loan Attacks

The Decentralized Finance (DeFi) sector has witnessed an explosive growth this year. The total value locked (TVL) across all decentralized finance (DeFi) protocols has hit a new all-time high of $84 billion as August comes to a close, according to Data Aggregator DeFi Pulse. Per ConsenSys’s Q2 2021 DeFi report, billions of institutional capital is The post DeFi Exploits 2021: CipherTrace Reports $474...

Aug 30 2021

Fantom, Celo Gain Over 50% Amid the Continuous DeFi and NFT Mania

Aug 30 2021 Published at Coingape under tags  celo defi defi news fantom news

DeFi market records a meteoric surge as August comes to an end. While the total value locked across all DeFi projects is poised to skyrocket, longshots like Fantom (FTM), and Celo (CELO) have managed to post impressive gains of over 50% in the past 24 hours. Fanton has printed a massive upsurge of 340% since The post Fantom, Celo Gain Over 50% Amid...

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...

Aug 28 2021

DeFi Growth Metrics Soars as TVL Tops $82B

Aug 28 2021 Published at Coingape under tags  aave defi defi news instadapp news

Decentralized finance (DeFi) sector has seen explosive growth this year. Many DeFi tokens have already soared to their all-time highs and are looking strong to hit higher highs. According to data aggregator Defi Pulse, the Total Value Locked (TVL) in DeFi has topped $82 billion and AAVE comes across as the leading project with 15.78% The post DeFi Growth Metrics Soars as TVL...

Aug 27 2021

AVAX Price Update: Avalanche (AVAX ) Pulls Off Monthy High, Good time to buy?

AVAX price is up nearly 30% the last week AVAX Price just bounced off mid term trend line RSI prints hidden bullish divergence AVAX Trading Levels Avalanche (AVAX) price has been one of the best performing coins in the month of August. Prices have risen nearly 300% since the start of the month as investors The post AVAX Price Update: Avalanche (AVAX )...

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