Tag: fei protocol

May 01 2022

Hackers Steal $80 Million From DeFi Platforms Fei Protocol And Rari Capital

May 01 2022 Published at Bitcoinist.com under tags  bitcoin crypto crypto news defi ethereum

Hackers are at it again, and this time they hit it big time. According to a tweet from smart contract research company BlockSec, decentralized finance platform Fei Protocol and Rari Capital are the latest victims of cybercriminals. Fei Protocol issued a $10 million bounty to hackers in an attempt to negotiate and recover a significant portion of the nearly $80 million in stolen...

Apr 30 2022

Rari Capital and Fei Protocol’s Lending Pools Attacked, $80M Lost in Latest DeFi Hack

Summary: Lending pools belonging to Rari Capital and Fei Protocol have been attacked A total of $80 million has been lost in the latest DeFi hack The hack was due to a typical reentrancy vulnerability Fei Capital has offered a $10 million bug bounty to the attackers with no question asked Lending pools belonging to Rari Capital and Fei Protocol are the latest...

Apr 06 2022

Dec 29 2021

TRIBE Is Available on Changelly

Changelly presents another cryptocurrency available on the platform. Now, users can easily and effortlessly exchange TRIBE tokens for other digital assets at floating rates. Being the governance token of the DAO controlling the governance of FEI, TRIBE can be used in governance proposals or swapped for FEI in a UniSwapV2 liquidity pool. Fei aims to provide a new decentralized solution to the stablecoins...

Apr 07 2021

Algorithmic Stablecoin Crashes 50% as Devs Scramble for a Fix

Apr 07 2021 Published at Crypto Briefing under tags  fei protocol markets

The FEI stablecoin experiment has failed to maintain a peg with the USD, as $1.2 billion ETH is stuck in the smart contract. FEI Stablecoin Failure Fei protocol investors have arrived at a difficult crossroad. They could either incur penalties to withdraw Ether while FEI is trading less than its $1 peg or...

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