DexibleApp aggregator hacked for $2M via ‘selfSwap’ function
The buggy function was intended to allow users to provide their own routing information, but the code did not limit routers to a pre-approved list.
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Mango Markets sues Avraham Eisenberg for $47M in damages plus interest
The lawsuit marks the fourth time the Mango Markets exploiter has been hit by charges or lawsuits relating to his attack on the DeFi protocol.
SushiSwap passes 100% fee relocation, 10.9M SUSHI clawback proposals
100% of trading fees on the platform will soon be redirected to the SushiSwap treasury for maintenance and expenses.
Bitcoin DeFi ecosystem explained
DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain.
Defi More Scalable Than Traditional Finance, New Study Says
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has…
DEX aggregator OpenOcean enables cross-chain swaps across major networks
Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom.
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week.
As DEXs struggle, new approaches kindle hope
Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward.
SushiSwap CEO reveals DEX lost $30M on LP incentives this year
"Ultimately, we must harden the business model to produce more swap volumes & generate more fees," wrote CEO Jared Grey.
The all-in-one approach at the foundation of next gen crypto investment platforms
ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right.
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