Defi Financial News

01.08 / 16:23

defi DAO Arthur Hayes TradFi Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become Invincible, Driving DeFi's Supremacy over TradFi

BitMex co-founder and former CEO, Arthur Hayes, has set his sights on a futuristic concept that could revolutionize the decentralized finance (DeFi) industry: self-sovereign AI DAOs (Decentralized Autonomous Organizations).

01.08 / 13:19

Blockchain Adoption defi hacks Developers Cybersecurity ConsenSys ConsenSys releases ‘fuzzing’ tool to test smart contract vulnerabilities

Blockchain technology firm ConsenSys publicly released its “Diligence Fuzzing” tool for smart contract testing, according to an Aug. 1 announcement. The new tool produces “random and invalid data points” to find vulnerabilities in contracts before they are launched.

01.08 / 13:19

Blockchain Ethereum defi SushiSwap Bitcoin Cross-Chain SushiSwap furthers cross-chain functionality with Core integration

Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality.

01.08 / 13:19

Technology Adoption defi Decentralization ChatGPT How to understand and interpret ChatGPT’s output

ChatGPT is a cutting-edge language model powered by the GPT-3.5 architecture, which can generate human-like text and engage in conversations on a wide range of topics, including cryptocurrencies. As the crypto space gains traction, exploring artificial intelligence (AI)-generated insights can offer valuable perspectives and ideas.

01.08 / 10:07

Blockchain defi lending Curve Finance Curve Finance founder's $100M debt could trigger a DeFi implosion: Report

While Curve Finance is still weathering the aftermath of the recent $47 million hack, another issue concerning holders of the decentralized finance (DeFi) protocol’s token has surfaced on the internet, sparking theories on how a massive dump can potentially happen.

01.08 / 04:15

defi Altcoin coinbase FTX memecoin Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy

Crypto Twitter has been abuzz with debate after a new conspiracy theory has suggested FTX founder Sam Bankman-Fried may be secretly behind one of the most controversial new memecoins on Base.

01.08 / 03:39

Blockchain defi Hackers hacks DEX BaSe Exploit Base’s largest DEX LeetSwap halts trading amid exploit concerns

Decentralized exchange LeetSwap, which operates on Coinbase’S Base network has announced a sudden pause to trading, citing concerns of a potential exploit.

31.07 / 21:39

Ethereum defi hacks Crypto market loses $486M in July, most since 2022: Report

The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph.

31.07 / 11:23

Ethereum defi Hackers hacks Liquidity Curve Finance CEX vulnerability Cex price feed prevents Curve price from collapsing amid $100M vulnerability

Several Curve Finance liquidity pools were attacked on July 30 due to a vulnerability found in the programming language Vyper. Vyper is a contract programming language created for the Ethereum Virtual Machine (EVM).

31.07 / 10:48

defi Hackers hacks Cybersecurity security Exploit Ethical hacker retrieves $5.4M for Curve Finance amid exploit.

A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve Finance amid the recent hack.

31.07 / 10:47

Blockchain defi lending Decentralization Cosmos Making crypto lending mainstream: How this platform breaks DeFi barriers

Since emerging, decentralized finance (DeFi) has revolutionized finance by providing accessibility and control. Crypto lending is one of the most critical use cases in DeFi, enabling crypto holders to lend and borrow assets without intermediaries, thus democratizing access to financial services.

31.07 / 07:41

Ethereum defi hacks Rewards Curve Finance Validator Exploit MEV Ethereum logs $1M MEV block reward amid Curve Finance exploit

The recent Curve Finance exploit has reportedly led to one of the largest ever maximal extractable value (MEV) reward blocks of 584.05 Ether (ETH).

31.07 / 07:41

Blockchain Ethereum defi coinbase BaSe memecoin Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

Memecoin madness has arrived on Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls.

31.07 / 02:27

Blockchain defi Hackers hacks BSC BNB Smart Chain hit with copycat Vyper attack, $73K exploited

The BNB Smart Chain (BSC) has reportedly suffered copycat attacks due to a vulnerability in the Vyper programming language, following a similar vein to the exploit on the decentralized finance (DeFi) protocol Curve Finance.

30.07 / 21:29

defi Hackers hacks Bitcoin vulnerability Vyper vulnerability exposes DeFi ecosystem to stress tests

Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft of millions of dollars' worth of cryptocurrencies on July 30.

30.07 / 18:33

defi Hackers hacks Curve Finance vulnerability Curve Finance pools exploited in over $24M due to reentrancy vulnerability

Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, its 0.2.15, 0.2.16 and 0.3.0 versions are vulnerable to malfunctioning reentrancy locks.

28.07 / 21:53

Technology defi privacy Analysis Opinion Worldcoin Worldcoin is making reality look like a lot like Black Mirror

Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show — it’s happening now with one of the latest projects in Web3.

28.07 / 20:27

Blockchain Ethereum defi Hackers hacks zk-Rollup week zk Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

28.07 / 10:06

Blockchain defi FTX Decentralization Digital Asset Private Keys DeFi needs to be secure, stable and accessible for all. Here’s how

True decentralization is something that many crypto projects strive for, but the result is often too complicated for everyday users to rely on. So, what’s the solution?

27.07 / 20:29

Blockchain Ethereum Adoption defi transactions Scalability layer2 Time Optimism transaction volumes surpass Abitrum’s for the first time in six months

The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27 data from blockchain analytics platform Artemis. Both networks are layer 2s of Ethereum that use optimistic rollup technology, which compresses and batches transactions before submitting them to Ethereum, potentially lowering transaction fees.

27.07 / 13:15

Ethereum defi Polygon Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regulated platform for "institutional DeFi."

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