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According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid…
Scroll, a ZK rollup Layer 2 network, is up 23% over the past seven days to reach a TVL of $1.03 billion, according to L2Beat data. Meanwhile, the total value…
A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual…
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing…
The suspected DNS attack on DeFi protocols registered with Squarespace opens the issue of vulnerabilities in domain management for decentralized protocols. The post Over 120 DeFi protocols at risk in…
The integration of Chainlink Data Feeds on Starknet is set to enhance DeFi application development, driving ecosystem growth and adoption. The post Chainlink Data Feeds go live on Starknet appeared…
The hack on Compound Finance's website underscores the critical need for heightened cybersecurity measures and user vigilance in the crypto space. The post Compound Finance confirms hack, warns users of…
On July 11, blockchain security firm PeckShield reported that the website of Compound Finance (compound[.]finance) had been compromised. “Do not interact with the website until further notice,” it warned. The…
Venture capital firm Hypersphere has announced the launch of its new liquid fund, Atlas, managing over $130 million in assets. Atlas aims to capitalize on the inefficiencies in the young…
Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience remains a significant barrier to adoption, according to Thor Abbasi, co-founder of Zivoe. Abbasi…