The ridiculously high cost of Gas on Ethereum
For most normal people, the Ethereum blockchain is pretty much unusable for average size transactions—costing about $60 to send an ERC20 token, Jacob Rozen writes.
Latest decentralized finance News
Volt Finance: Cross-chain asset bridge coming to Bitcoin SV
Digital currency wallet provider Volt Finance notes that Bitcoin SV has a Uniswap-type app, currently in production, and will be called the Vtoken Network.
DeFi platform Warp.Finance loses $8 million
DeFi lending platform Warp.Finance has been exploited for $7.7 million by way of a flash-loan attack; the attack comes just one week after Warp launched.
$8 million stolen in unusual DeFi hack
Nexus Mutual founder Hugh Karp had his personal wallet hacked which resulted in over 370,000 NXM ($8 million) being stolen from him.
DeFi project Pickle Finance exploited for $20 million
The DeFi project Pickle Finance is the latest DeFi platform to experience an exploit that resulted in tens of millions of dollars stolen.
DeFi on the rise: analyzing the digital currency bubble
A look at the digital currency market bubble we have just entered, the rise in DeFi's total value locked, as well as the behavior anticipated from investors
Origin Protocol struggles to compensate exploit victims
Origin Protocol, the DeFi project that was exploited for $7.7 million on November 17th, is having trouble compensating exploit victims.
DeFi project Origin Protocol exploited for $7.7 million
DeFi project Origin Protocol has been exploited for a total of $7.7 million; this is the third DeFi flash-loan exploit attack to take place this week.
$7.4 million stolen in Value DeFi exploit
DeFi platform 'Value DeFi' has been exploited for $7.4 million via a flashloan attack, shortly after the attack, $2 million was returned to the project.
$2 million stolen in Akropolis DeFi exploit
Akropolis, the DeFi platform that allows users to earn interest on deposits as well as borrow, has been exploited for roughly $2 million.
CipherTrace reports that DeFi crime is on the rise
Blockchain analytic firm CipherTrace has discovered that DeFi crime is on the rise & digital currency related crime as a whole has declined.
Over $1 million permanently locked in DeFi smart contract
An error in the Perfect Finance smart contract has resulted in over $1 million in user funds being permanently locked in a smart contract.