Another DeFi project bites the dust as it falls prey to another online hack, only two weeks after another major DeFi protocol suffered $24 million in losses following a security…
According to a recent report released by blockchain and crypto security analytics firm CipherTrace, the DeFi sector resulted in $100 million lost in thefts and hacking attacks this year. Currently,…
After a cool-off period that lasted three weeks, the DeFi market is back in the green again as Total Value Locked (TVL) increased more than $1 billion USD over the…
The DeFi sector is in need of a new injection of developments to halt the persistent decline it has been experiencing in the past two weeks, and top DeFi lending…
Wine Swap, a yield farming platform launched on the Binance Smart Chain and indirectly backed by the largest cryptocurrency exchange in the world, nearly pulled off an exit scam of…
The DeFi craze that the world experienced this summer over the period where COVID-19 was at its peak seems almost like a distant memory now, especially as the DeFi market…
Thailand’s largest commercial bank Siam (SCB) is taking its first step into decentralized finance (DeFi) with a recent collaboration with Alpha Finance Lab (AFL), which is known for building a…
In a recently published report on DeFi in the third quarter of the year by Consensys, researchers posited that individuals may prefer to stake their assets in DeFi protocols, rather…
Security vulnerabilities on DeFi protocols remain a serious concern for the DeFi sector despite its burgeoning growth potential, especially as major projects fall prey to hacking attacks resulting in the…
It has been a quiet week for Altcoins and tokens in the DeFi sector. At its peak, there would be announcements of new DeFi projects experiencing exponential growth and explosive…