The hacker managed to steal $6.2 million worth of BUSD, the Binance native USD-pegged stablecoin converted to ETH via 1inch DEX and partially withdrawn from Binance Smart Chain onto Ethereum. This hack was comparatively benign: […]
Another Binance Smart Chain project was exploited by a flash loan attack, with DeFi platform BurgerSwap being the victim this time. According to a twitter post written by the Burgerswap Team, there were approximately $7.2 […]
In a press release this week, the team at Algorand has announced that Algomint, the “golden bridge to the Algorand DeFi ecosystem”, is coming to market in Q3 2021. The platform will bring liquidity and […]
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi […]
“Big Four” accounting firm, Ernst & Young Global Limited, or EY, is continuing to invest heavily in blockchain, investing $100 million into engineering and developing distributed ledger technologies for a range of enterprise applications. On […]
This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential […]
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