Tag: defi news

Aug 17 2022

This Crypto Sector Made the Biggest Losses In Crypto Thefts So Far in 2022

Cryptocurrency market hacks have been on a rampant rise so far this year in 2022. As per the latest Chainalysis report, the decentralized finance (DeFi) sector has been the biggest victim of hackers. So far through July 2022, $1.9...

Aug 16 2022

Lido Announces Details On Ethereum Staking On Layer-2 Arbitrum And Optimism

Aug 16 2022 Published at Coingape under tags  defi news lido news steth

Crypto liquidity staking platform Lido on Tuesday announced the first steps and technical details about stETH expansion across the Layer-2 DeFi ecosystem. In the initial...

AAVE Utilization Drops To Record Lows; Will It

Aug 16 2022 Published at Coingape under tags  aave aave dao celsius defi defi news

Crypto intelligence platform Messari in a new report about decentralized finance (DeFi) protocol Aave, delves...

Is Ethereum Censorship By The OFAC Possible? Here’s What Vitalik Buterin Think

Aug 16 2022 Published at Coingape under tags  defi news ethereum news vitalik buterin

Ethereum co-founder Vitalik Buterin considers enforcing censorship by regulators as an attack on Ethereum. He voted in favor of burning the ETH stakes of staking providers via...

Aug 14 2022

“I bet big and I think I lost” Do Kwon Speaks On Terra’s crash

In a yet to be fully aired interview by Coinage Media, hosted by Zack Guzman, called "Inside Crypto's Largest Collapse", the founder of beleaguered Terra Form labs...

Polcadot’s Acala Dips By 70% After Hackers Issued 1.2 Billion AUSD

Aug 14 2022 Published at Coingape under tags  ausd crypto defi defi news hacker

Yet another DeFi protocol has been tampered by hackers, who, in the last couple of months, have succeeded in breaching security of many other...

Aug 13 2022

Breaking: Is DeFi In Trouble? Aave Blocking All Addresses Linked To Tornado Cash

Aug 13 2022 Published at Coingape under tags  defi news news tornado cash

The DeFi has faced a setback after the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned crypto mixer Tornado Cash. Several...

Aug 12 2022

Just-In: Binance Freezes $450K Stolen From Curve.Finance (CRV)

Aug 12 2022 Published at Coingape under tags  curve finance cz binance defi defi news news

CEO of Binance, Changpeng Zhao "CZ" has shared on Twitter that $450k has been recovered from the funds stolen by hackers on exchange liquidity pool Curve...

Aug 10 2022

CRV Tanks Over 10% as Attackers Stole $570K from Curve Finance’s Users Wallets

In another major security incident in the crypto space, decentralized crypto exchange Curve Finance found its DNS being hijacked. The hackers managed to deploy a malicious contract on the home page, which when...

Aug 02 2022

GHO Stablecoin: Aave Price Surges Following GHO Acceptance

Aug 02 2022 Published at Coingape under tags  aave aave dao defi defi news news

The AAVE community has voted in favor to create a new stablecoin— GHO, pegged to the dollar. On-chain data analytics site IntoTheBlock reports that...

Breaking: Nomad Announces ENS Address And Bounty For Returning Funds

Aug 02 2022 Published at Coingape under tags  defi exploit defi news news nomad hack

Nomad in an on-chain message requests attackers to return funds to the ENS address nomadexploit.eth to classify them as a whitehat. Further, Nomad clarified that no action will be taken against anyone who promises to return funds and will be rewarded with a 20% bounty. Nomad Requests Attackers To Return Funds for 20% Bounty Nomad The post Breaking: Nomad Announces ENS Address And...

Jul 18 2022

Breaking: Celsius Discloses Restructuring Plan, Options To Recover Funds

Jul 18 2022 Published at Coingape under tags  celsius network defi news news short squeeze

Crypto lender Celsius Network filed for bankruptcy on July 13, exactly a month after stopping withdrawals and transfers from accounts. As part of the bankruptcy court hearing, Celsius today disclosed its financial overview and restructuring plan to Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York. Restructuring plans reveals...

Jul 15 2022

Celsius (CEL) Token Price Soars Massively Despite Bankruptcy Filing, Here’s Why

Celsius' CEL token price is soaring despite the crypto lending firm filing for Chapter 11 bankruptcy. In the last 24 hours, the CEL token price has skyrocketed nearly 80% as a result of the community-led "CEL Short Squeeze." Celsius (CEL) Price Skyrockets Amid "CEL Short Squeeze" Celsius bankruptcy filing has revealed $1.2 billion of bad...

Jul 14 2022

CEL Holders Make Desperate Attempt To Recover Funds Through Short Squeeze

Jul 14 2022 Published at Coingape under tags  celsius network defi news news short squeeze

Beleaguered crypto lender Celsius has left its customers or depositors in limbo as it files for Chapter 11 bankruptcy in New York. Users plan a community-led "CEL Short Squeeze" to recover their money as they believe the crypto lender may not resume withdrawals. A short squeeze refers to intentionally creating a sharp rally fueled by...

Breaking: Celsius Customers Unlikely To Recover Funds, Here’s Why

Crypto lender Celsius Network has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York, the court filing shows. However, according to the company's terms and conditions, customers or depositors may not get their money either from deposits or yields. Customers in Trouble After Celsius Files For Bankruptcy...

Jul 13 2022

Breaking: Is Celsius Selling All Withdrawn stETH To Coinbase Custody?

Beleaguered crypto lender Celsius has now withdrawn all staked Ethereum (stETH) collateral after repaying its USDC loan completely on Aave and sent it all to another address. In fact, the address seems to be of Coinbase Custody after CEO Ryan Bozarth hints they bought stETH from the crypto lender at discount. Meanwhile, the pressure on...

Jul 12 2022

Breaking: Celsius Repays Aave Debt, Withdraws stETH Worth $416 Mln

Jul 12 2022 Published at Coingape under tags  celsius network defi news news steth

Crypto lender Celsius has cleared its intention now as it completely repaid its Aave loan, and the Maker loan last week. The outstanding debt has now been reduced to almost $50 million. Celsius could be possibly looking to repay its outstanding Compound loan and additional token liquidations this week. The crypto lender has also withdrawn...

Jul 08 2022

Breaking: Celsius Slapped With Lawsuit Calling It A Ponzi Scheme

Jul 08 2022 Published at Coingape under tags  celsius network defi news news ponzi scheme

Beleaguered crypto lender Celsius was sued by a former asset manager on Thursday, who alleged that the firm was an elaborate "Ponzi Scheme." In a...

Jul 07 2022

Breaking: Celsius Paid Off Maker Loan, Moves Funds In Single Wallet

Jul 07 2022 Published at Coingape under tags  cel coin celsius defi news news

Crypto lender Celsius has paid off its Maker loan completely. Celsius has paid the 41.23 million DAI debt and withdrawn 21,962.63 wBTC collateral worth $450...

Here’s What Happens If Celsius Prepares For Bankruptcy

Jul 07 2022 Published at Coingape under tags  celsius defi news news simon dixon

Beleaguered crypto lender Celsius is at high risk of being insolvent and may file for bankruptcy. Meanwhile, the company and its affiliates are trying everything including debt repayments, restructuring, and CEL short squeeze to prevent bankruptcy. The FUD rose after bankruptcy filings by Voyager Digital and Three Arrows Capital. Despite paying weekly rewards, the withdrawals The post Here's What Happens If Celsius Prepares...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: