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Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the…

Continue ReadingValue Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more…

Continue ReadingValue Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

WazirX, Presearch and Komodo rally after data shows a surge in user activity

A surge in user activity and new token listings allowed WRX, PRE and KMD to shake off the week-long crypto market downturn and post double-digit gains.

Continue ReadingWazirX, Presearch and Komodo rally after data shows a surge in user activity

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was…

Continue ReadingExploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao