DeFi Hack: Inverse Finance Exploited For The Second Time This Year Â
Ethereum-based lending protocol, Inverse Finance, has witnessed its second hack this year. The DeFi lender was exploited via price oracle manipulation through which, the...
Another Stablecoin Loses Its Dollar Peg After The Terra-Luna Collapse
The crypto market is yet to recover from the Terra-Luna collapse, but there is already another de-pegging event at bay. The latest development saw...
Celsius Reportedly Sells Staked Crypto To Resolve Liquidity Issues
DeFi lending giant Celsius triggered a wave of fear-mongering as it halted all withdrawal, swap, and transfer services out of the blue due to...
Optimism Exploit: 20 Million OP Tokens Lost
Optimism, one of Ethereum’s top layer-2 protocols, fell prey to an exploit and lost 20 million Optimism governance tokens (OP) worth over $17 million....
Dubai Customs Pilots Blockchain Venture To Escalate Transaction Speed
Dubai seems to be outshining all the former crypto hubs through the rapid incorporation of blockchain technology into its economic ecosystem. The latest update...
This DeFi Coin Is A Good Bet In An ETH Bear Market
MKR's correlation to ETH drops sharply into the negatives.Historically, the MKRETH trading pair rises during ETH bear markets.
When the market turns for the...
Here’s Where Ethereum Can Face Competition From Alternate L1s
Ethereum's L1 dominance could come under threat by niche-focused blockchainsAvalanche's bridge had the most volume but Polygon had the most users.
If 2021 had one...
This Blockchain Will Benefit The Most From Terra’s Implosion
Ethereum's TVL on DeFi rises to 63% for the first time since November 2021.Terra's implosion added to Ethereum and not other alternate layer-1 blockchains.
Every...
DAI Avoids A De-Pegging Dump, But Someone’s Moving Big Chunks
DAI sees massive inflow and outflow from large whale wallets.Maker addresses the possibility of DAI's de-pegging during a volatile market.
Stablecoins have been the focus...
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