5 months ago
Decentralized finance (DeFi) was the talk of the town in early 2021, but it has since taken a back seat to more appealing sectors like nonfungible tokens (NFTs), memecoins and blockchain gaming. Now that cross-chain bridges and interoperability have allowed for the easier migration of assets to competing chains, a […]
1 year ago
Multichain yield platform Popsicle Finance ($ICE) suffered a significant exploit today, resulting in a loss of $21 million. Initial reports claim attackers took advantage of a flaw in the fee accounting mechanism, draining several tokens in the process. etherscan.io What’s more, the protocol in question, Sorbetto Fragola, was audited by […]
1 year ago
Decentralized lending protocol Cream Finance is backing another major effort to improve the security of decentralized finance. On Tuesday, Cream Finance announced a new security campaign in collaboration with several DeFi platforms like Immunefi, Armor and DeFiSafety to bring stronger security to its protocol and the wider DeFi ecosystem. As […]
2 years ago
A new governance token in decentralized finance (DeFi) is captivating yield farmers’ attention. Its creator didn’t set aside any of the tokens for himself and he insists the new token has no monetary value. Still, that hasn’t stopped it from trading as high as $2,374 a pop, according to CoinGecko. […]
