Tag Archives: defi

Although the Meebits provenance was supposed to be completely random, the revelation of this new exploit allows users to generate NFTs worth hundreds of thousands of dollars for free (except ETH gas). This exploit is still live. Larva Labs: A Mainstay of the NFT World Famous for CryptoPunks, Larva Labs have cemented their legacy as pioneers in the NFT space, creating generative art on Ethereum. CryptoPunks have sold for outrageous amounts – sales have exceeded the...

Gebäude der «Neuen Börse» Zürich Foto CC 3.0 by Ikiwaner, Wikipedia Starker Bitcoin-Monat bei der Schweizer Börse SIX, Und, der Einstieg in DeFi steht kurz bevor! Über die Hälfte der 27 neukotierten Kryptoprodukte von SIX seit Beginn des Jahres 27 sind im April zu verzeichnen. An der Schweizer Börse wurden im April 2021 14 neue ETPs (Exchange Traded Products) gelistet. Laut eigenen Angaben listet SIX derzeit mehr als 80 Kryptoprodukte,...

Reef Finance, the cross-chain DeFi operating system, has launched its platform for initial DEX offerings (IDOs) called ReefStarter. The new product will focus on projects from the decentralized finance space, allowing them to swap tokens cheaply and rapidly. ReefStarter Going Live Describing itself as the “first cross-chain DeFi operating network,” Reef Finance enables traders to access liquidity from centralized and decentralized exchanges through its smart liquidity...

SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announced that with a total of nine crypto currencies, SEBA Bank is expanding its comprehensive offering into DeFi. With these new tokens, SEBA Bank is continuously expanding its offering, and is entering into the DeFi world, supporting the tokens of the most important DeFi protocols available on the market. SEBA Bank´s clients will be able to...

Spartan Protocol, a DeFi project on Binance Smart Chain, was exploited for over $30.5m. The hacker’s whereabouts are unknown, and a second version of Spartan Protocol is currently being rebuilt with implemented bug fixes. What is/was Spartan Protocol? Spartan Protocol provided a platform for incentivized liquidity and synthetic assets. The SPARTA token had an internal pricing mechanism without having to rely on external oracles for price settlement. Such a system could...

The Binance Smart Chain powered DEX has surged in popularity in recent months as DeFi newbies flock to the platform to avoid paying heavy gas fees on Ethereum. Figures from on-chain data providers indicate that the record figures for BSC and PancakeSwap have indeed surpassed that of the Ethereum network, despite its record price high of $3,100 today. PancakeSwap’s analytics dashboard does not appear to be updating TVL and volume figures, but its daily transaction count is...

As the bull market rages on, it’s easy to get caught up in success stories. However, it’s paramount to know that it’s not all rainbow and butterflies – losses happen, and they hurt, especially if you’re not prepared or overtrade. An investor tweeted about how he lost his entire $185k portfolio in just 3 weeks. This is verifiable via his Ethereum address. The thread is sobering, and it’s a great read for traders to go through to remember that bull markets don’t last forever,...

Jigstack, a DeFi project aiming to govern high-quality revenue-generating network solutions on Ethereum, has successfully raised $3 million in private and public funding rounds. The protocol plans to utilize the funds to build the DAO of the decentralized finance sphere. Jigstack Raises $3M in Funding Rounds Describing itself as the “missing piece of DeFi,” Jigstack is a decentralized autonomous organization (DAO), which engineers and deploys institutional-grade decentralized...

Polygon, an easy-to-use platform for Ethereum scaling and infrastructure development, has recently launched a $100 million fund intended to improve the accessibility of the decentralized finance (DeFi) space to more users. According to a press release shared with CryptoPotato, the fund, known as “#DeFiforAll,” is geared toward effectively introducing millions of users to the various decentralized products and platforms available. Polygon’s Fund to Support DeFi for 3 Years The...

$50 million worth of various cryptocurrencies has disappeared from the automated market maker platform running on the Binance Smart Chain – Uranium Finance. While the team behind the project claims the funds were stolen, the cryptocurrency community speculates of a possible rug pull. $50M Gone From Uranium Finance The DeFi project took it to Twitter today to explain the exploit which targeted its v2.1 token migration event. More specifically, Uranium argued that the hackers...