DeFi Protocol Convergence Hacked, CVG Token Plunges 99% On Curve
DeFi protocol Convergence hacked, causing the protocol’s CVG token to plunge 99% on Curve The exploiter created 58 million of the CVG token.
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DeFi Protocol Rho Markets Recovers $7.6 Million After Complying With Exploiter’s Demands
Ethereum decentralized finance (DeFi) protocol Rho Markets informed users on Friday that $7.6 million worth of compromised user funds are now flowing back.
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DeFi Protocol Dough Finance Exploit Swipes $1.96 Million In User Funds
Another DeFi protocol, Dough Finance, fell victim to an exploit on Friday morning, losing $1.96 Million in user funds. Dough Finance, an open-source.
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DeFi Protocol Pendle’s TVL Drops 40% In A Week, What’s Behind the Exodus?
DeFi Protocol Pendle’s TVL dropped 40% from over $6 billion to $3.7 billion, primarily due to the maturity of liquid re-staking tokens. The.
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DeFi Protocol UwU Lend Suffers Second $3.7 Million Attack During Reimbursement Process
DeFi lending protocol UwU Lend has suffered two attacks in the past three days. The second exploit occurred on Thursday during the protocol’s.
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DBS Bank Claims To Have Tested Blockchain DeFi Protocols For Currency And Bond Exchange
The largest lender in Southeast Asia, DBS Bank, based in Singapore, claimed to be one of the first financial institutions to test trading.
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Fed’s Powell asserts that DeFi needs proper regulation before entering the retail market
Jerome Powell, the chairman of the US Federal Reserve, has spoken out over the growth of decentralized finance (DeFi) and its effects on.
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The difference between DeFi and open banking
In an open banking system, secure API access to financial data is provided to outside financial service providers. This makes it possible for.
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DeFi vs centralized finance (CeFi)
Not all financial services are decentralized, not even in the world of cryptocurrency. As an illustration, staking through a centralized exchange like Binance.
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What’s needed to access DeFi projects
You’ll need the following to connect to DeFi DApps: 1. An Compatible Wallet : It can be done via a mobile wallet like.