Ola Finance’s DeFi Lending Protocol Gets Exploited for $3.6 Million
An open-source, decentralised financial system called Ola Finance has been the victim of a re-entry assault that resulted in the loss of $3.6 million in...
Category : Defi news
Cylum Finance is Introducing Auto-compounding, Staking, and Burn Features to the DeFi Space
Owing to the concept of crypto staking—a unique phenomenon that has been around for a couple of years—crypto token holders can now put their assets...
StrongNode Edge to Launch a decentralized VPN Service in Q2 2022
StrongNode Edge, an infrastructure-as-a-service company building a web of decentralized web3 products, will launch a decentralized Virtual Private Network (dVPN) in Q2 2022. Eye on...
ETHEREUM GAS FEES HAVE DROPPED TO THE LOWEST LEVELS SINCE AUGUST 2021
Gas fees of Ethereum (ETH) have dropped to their lowest level since August 2021, yet they remain hefty. Ethereum had a high cost in late...
One Year On, WOWswap Continues to Serve Leveraged Trading in a DEX Environment
With an excess of $80 billion in TVL (Total Locked Value) DeFi is a booming sector that has captured the attention of the masses, thanks...
DeFi protocol Qubit finance manipulated for 80M dollars
Qubit Finance, a decentralized money market platform, revealed on Friday that its Ethereum-BSC bridge was exploited on January 28 due to a fault in the...
Ground Breaking Partnership in DeFi: Cudos x MELD x Tingo Mobile
A partnership is a great way to scale up any business or organization. It entails combining the strengths of two or more corporate entities, thereby...
Kevin O’Leary Endowed WonderFi to Acquire Bitbuy Parent Company for $162M
WonderFi, backed by Canadian tycoon Kevin O’Leary, is hoping to build its impression in Canada by obtaining crypto exchange Bitbuy. Kevin O’Leary-endowed decentralized money (DeFi)...
Ethereum dominance falling in 2022
Ethereum’s predominance in probably the most sweltering corner of cryptographic money is in danger of being additionally dissolved as contenders push further into decentralized finance.Ethereum...