Tag: DeFi

Solana-Based Defi Protocol Mango Markets Loses $117 Million in Hack, Exploit Allegedly Revealed in Project’s Discord in March – Bitcoin News

According to various reports, the Solana-based trading and lending platform Mango Markets was hacked as a malicious actor was able to siphon $117 million from the protocol. An analysis of the hack published...

How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango

All in all, the rogue trader used over 10 million USDC to take out over $116 million from Mango, paying minimal fees for conducting the attack and doing everything within the parameters of...

Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder By Cointelegraph

Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder Decentralized identity (DID) and compliance services will become a “key infrastructure” to the success of decentralized finance (DeFi) and the transition of real world financial...

EU readying regulations on DeFi; Bitcoin mining difficulty reaches new ATH

The biggest news in the cryptosphere for Oct. 10 includes Dominic Frisby’s take on Bitcoin and gold investments, the EU Commission’s tender that signals a regulatory framework for DeFi, and BitBoy Crypto’s allegations...

FBI issues alert over cybercriminal exploits targeting DeFi By Cointelegraph

FBI issues alert over cybercriminal exploits targeting DeFi The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6...

Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours – Defi Bitcoin News

The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14, 2022. At the time, the TVL was $67.87 billion but today, the value...

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