DeFi Archives - Free Bitcoin Earning Sites

Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen

July 3, 2022 $8.7 million, attacker, Crema Finance, crypto, crypto assets, Cryptocurrency, DeFi, Defi hack, exploit, News, Ottersec, SOL, Solana, Solana (SOL), Solana liquidity protocol, Solana Network, Solanafm, Solend Eddy 0

According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker […]

Axie Infinity to reimburse Ronin bridge victims and reopen the bridge

June 26, 2022 Blockchain, Decentralization, DeFi, Ethereum, News, nft Eddy 0

Axie Infinity plans to reopen the bridge next Tuesday. Each user will be eligible for one ETH held before the hack. Owners of Axie Infinity (Sky Mavis) have announced a compensation plan for the Ronin bridge hack victims. Sky Mavis also stated that it would reopen the bridge next Tuesday. Three months ago, hackers stole […]

Scoop: This Hedge Fund Is Trying To Bailout BlockFi To Counter FTX

June 26, 2022 Blockfi, DeFi, DeFi News, FTX, Morgan Creek, Morgan Creek Digital, News Eddy 0

According to a crypto news website Coindesk, a leaked call has revealed that BlockFi’s long time backer Morgan Creek Digital, is trying to raise $250 million to counter FTX’s bailout. The bailout is said to be disastrous for BlockFi’s Long time backers as it stands to wipe them out. Morgan Creek Digital to raise $250 […]

Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M

June 25, 2022 7 day gains, 7 day losses, ADA, Avalanche, Cardano, chainlink, crypto assets, Cryptocurrencies, DeFi, defi smart contract, Defi TVLs, defillama.com, Dune Analytics, Ethereum, LiNK, Losses, Market Caps, monthly, polkadot, smart contract coins, smart contract token gains, Smart Contract Tokens, Solana, Tron, TVL, value locked, values, Weekly Eddy 0

While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend. Defi TVL Improves, Cross-Chain […]

USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged

June 21, 2022 Abracadabra, Cefi, collateral, DeFi, Dollar-Pegged, Justin sun, Magic Internet Money, MIM, multichain, neutrino usd, News, overcollateralized, Stablecoin, Tron (TRX), Tron blockchain, TRON DAO Reserve, TRX, TVL, U.S. dollar, USDC, USDD, USDD ecosystem, USDD Stablecoin, USDN, USDT, WAVES Eddy 0

Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity, the […]

The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected

June 18, 2022 2 common attacks, 2 major attacks, Airdrop, airdrop phishing, airdrop scam, attackers, connecting wallets, decentralized finance, DeFi, Featured, Hackers, malicious code, MetaMask, mnemonic phrase, permissions, Phishing, restoring a wallet, scammers, Scams, Seed Phrase, Wallet Connect, Wallets, Web3, Web3 wallet, Web3 Wallet Attacks Eddy 0

In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look at two different […]

Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

June 18, 2022 7 day losses, ADA, Avalanche, Cardano, chainlink, crypto assets, Cryptocurrencies, DeFi, defi smart contract, Defi TVLs, defillama.com, Dune Analytics, Ethereum, LiNK, Losses, Market Caps, monthly, polkadot, smart contract coins, Smart Contract Tokens, Solana, Tron, TVL, value locked, values, Weekly Eddy 0

Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. […]

Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets

June 13, 2022 Alex Mashinsky, alleged Insolvency, Celsius, Celsius Network wallets, Celsius' Assets, CEO of Celsius, collateral, DAI, DeFi, Insolvency, insolvent, Larry Cermak, Maker, MakerDAO, Mike Dudas, News, Nexo, Nexo offer, paused transfers, Protocol, rumors, Speculation, wbtc, withdrawals paused Eddy 0

On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency have been swirling. On June 12, around […]

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks

June 12, 2022 Binance, Blockchain, capricorn finance, DeFi, Huobi, incubation, investment, ivy blocks, News, Web3 Eddy 0

Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more […]

This Crypto Exchange Is Investing $1 Bln Into DeFi Despite A 80% Crash

June 12, 2022 DeFi, DeFi News, Huobi Exchange, News Eddy 0

Crypto exchange Huobi Global launched a new venture capital arm aimed at investing in upcoming blockchain, web3 and DeFi projects. The spinoff is called Ivy Blocks, and has over $1 billion in assets under management as part of its “war chest,” the exchange said in a statement. The first project to be supported by Ivy […]

Tag: DeFi