Crypto Exploits Hit $670M Q2 2022: ImmuneFi Report
ImmuneFi has published a new report stating that DeFi protocols collectively lost more than $670 million in 50 exploits over the last quarter. While the frequency of attacks increased versus...
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How Should DeFi Be Taxed? The U.K. Government Wants to Know
Her Majestys Revenue and Customs is seeking views from investors, professionals, and firms engaged in the DeFi space. U.K. Mulls New Tax Rules for DeFi The U.K. government wants help...
Multichain Bridge Integrates With RSK to Enhance DeFi Access on Bitcoin
Multichain, previously known as Anyswap, has announced integration with RSK blockchain, a Bitcoin merge-mined smart contracts platform. According to the press release shared with CryptoPotato, the integration aims to facilitate…
‘Aave of Klaytn’ KLAP Protocol TVL Soars $102 Million in First Week of Launch
KLAP – a DeFi lending protocol on Klaytn Network has seen its total value locked soar above one hundred million in a week after its launch. The dApp, spun up…
Crema Finance Hacked for $9M, Team Shares Investigation Details
A Solana-based concentrated liquidity protocol – Crema Finance – temporarily halted its operations to investigate an exploit that drained more than $8.78 million worth of cryptocurrencies. Crema Hack Recap As…
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million…
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against…
Cathie Wood Does Not Understand Algorithmic Stablecoins
The recent crypto slump may have left many investors shaken in fear, as bad news like major crypto firms falling prey to liquidity crisis and exchanges drastically cutting headcounts continue…
Centrifuge Launches Cross-Chain Connectors to Bridge Real-World Assets to DeFi
Decentralized asset financing protocol Centrifuge has launched a new cross-chain Connectors solution dubbed Centrifuge Connectors to bridge the gap between the real-world asset (RWA) market and decentralized finance (DeFi). Centrifuge…
Crypto Platform Unizen to Expand its Operations After Raising $200 Million
The Liechtenstein-based cryptocurrency exchange – Unizen – secured a $200 million funding to accelerate its development in numerous fields. The fundraiser was led by the investment management giant Global Emerging…
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