DeFi

KyberSwap Security Breach Leads to Major Ether Transfer

KyberSwap, a decentralized exchange (DEX), recently encountered a significant security breach, with the hacker transferring $2.5 million in stolen Ether to the Ethereum network....

Decentralized Finance’s Remarkable Recovery: TVL Surges to $80 Billion

Decentralized finance (DeFi) has witnessed a significant resurgence, with the total value locked (TVL) soaring beyond the $80 billion mark. This marks a notable...

Jimbos Protocol Hit by DeFi Hack, Losing 4,000 ETH

Jimbos Protocol, a decentralized finance (DeFi) protocol in the crypto industry, has recently joined the growing list of hacked DeFi platforms. The hack, which...

The Decentralization of Finance: How De-Fi is Changing the Game with NFTs?

Decentralized Finance, commonly known as De-Fi, is one of the most disruptive technological innovations of recent years. It is a system that leverages blockchain...

Sberbank Launches Decentralized Finance Platform in Russia

Sberbank, Russia's largest bank, is making progress with its plan to launch a decentralized finance (DeFi) platform. The bank intends to trial the product...

BonqDAO Hacked: $120 Million Stolen in DeFi Attack

As a result of the vulnerabilities that are inherent in the smart contract, the DeFi business has been subject to a variety of attacks....