Tag: DeFi News

Binance & Orbs to Boost DeFi Development with New Accelerator Program

Binance & Orbs to Boost DeFi Development with New Accelerator Program

The world’s leading cryptocurrency exchange by trading volume, Binance, is set to launch a new DeFi-focused accelerator programme called DeFi.org with Israel-based blockchain platform Orbs.  The programme will channel funds and resources towards the research and development of open source software and more in the DeFi sector, where projects and startups will be evaluated according […]

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Ethereum price aims for January 2018 highs at $1,400 as staking on Ethereum 2.0 soars

Ethereum soars to new yearly highs while buyers target highs above $1,400 in the short term. ETH 2.0 staking hits 2% of the total Ethereum supply, thus reducing the overhead pressure. Ethereum is currently on an incredibly bullish run after outperforming the new yearly highs. At the time of writing, the flagship token is exchanging […]

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1Inch Token Update: 1Inch DEX Aggregator Records Significant Trading Volume Post Governance Token Launch

1Inch, a new DEX aggregator platfrom that allows users to swap ETH across major DEX protocols, launched its governance token on Christmas eve and also launched a massive airdrop campaign to attract more users to its platform. The DEX aggregator platform within a week has seen significant growth in terms of the trading volume seeing […]

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COVER Hack: Cover Protocol and Binance Announce Compensation Plan for Hack Victims

Cover Protocol, a Defi insurance protocol was recently exploited by a white hat hacker minting an infinite amount of the COVER protocol token owing to an infinite minting bug. The hacker later sold a portion of the Cover protocol token for 4350 ETH worth $3 million and burnt the rest of the tokens, he also […]

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DeFi News: Uniswap [UNI] Liquidity Pool Crosses $2B, UNI Price Gains 25% in Last 24 Hrs

Unsiwap, a popular DEX protocol finally saw its liquidity pool cross $2 billion while the UNI price soared by 25% in last 24hrs. Uniswap market cap crossed $2 Billion for the first time after the termination of the popular UNI farming program in November this year. UNI Farming program rewarded traders for providing liquidity to […]

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Cover Protocol Exploit Takes a Bizzare Turn, Hacker Returns All The Funds With an Important Message

Cover Protocol exploit just took an interesting turn as the exploiter has returned all the stolen funds around 4350 ETH  back to the deployer with an important message that read, Next time take care of your shit The cover protocol was exploited just hours ago owing to an infinite minting bug in its contract, leading […]

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Breaking: Hyped Defi Project COVER Protocol Exploited, Hacker Mints Unlimited COVER Token

Defi project COVER protocol has become the latest victim of an exploit resulting in millions of stolen Cover tokens worth $2 million. The hacker exploited the cover protocol and minted an unlimited supply of cover tokens. The price of token has crashed by more than 77% since then. $cover exploited/hacked pic.twitter.com/MHFuD8MeIT — frxresearch (@frxresearch) December […]

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DEX Platform 1Inch Launches its Utility and Governance Token, Crosses $3 Post Binance Listing

1Inch, an upcoming decentralized exchange aggregator service has released its utility and governance token today that would be represented by a ticker symbol “1INCH.” The newly released token would be used for automated market maker protocol and its decentralized exchange aggregator service. With the launch of the token, the defi aggregator service provider would now […]

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