News about DEFI

News about Defi

DeFi Altcoin Surges 78% in Just One Week As Bitcoin (BTC) and Crypto Markets Rebound - The Daily Hodl

DeFi Altcoin Surges 78% in Just One Week As Bitcoin (BTC) and Crypto Markets Rebound& & The Daily Hodl

DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined

DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in...

Bitcoin hash rate continues to rise, but DeFi is under threat: Report - Cointelegraph

Bitcoin hash rate continues to rise, but DeFi is under threat: Report& & Cointelegraph

Bitcoin hash rate continues to rise, but DeFi is under threat: Report

New hardware is revolutionizing the mining industry, while other crypto sectors continue to falter. The beginning of 2023 raised hopes that the blockchain industry wa...

DeFi on Bitcoin is possible with this new Layer 2: AMA with Mintlayer - Cointelegraph

DeFi on Bitcoin is possible with this new Layer 2: AMA with Mintlayer& & Cointelegraph

Euler Finance suffers $197M DeFi hack

Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in plac...

DeFi Hack: Euler Finance Pushes to Recover Funds After Blocking Vulnerable Module

Euler Finance, a lending protocol in the decentralized finance (DeFi) space, which has witnessed several losses of funds through network exploits, has fallen victim to the largest exploit so far in 2023. Recently, the space Meta Sleuth, a crypto ana...

The Promise of DeFi: Use Cases, Opportunities, and Risks

<p>One of the most exciting developments in the blockchain industry in recent years has been the rise of decentralized finance (DeFi). DeFi represents a new way of thinking about financial services in which users retain control over their asset...

Silvergate, SBV collapse ‘definitely good’ for Bitcoin, Trezor exec says

While Signature’s Barney Frank referred to the recent events with SVB as an “anti-crypto message,” Trezor’s Josef Tětek said they are “definitely good” for Bitcoin. T...

Tutorial: how to stay safe in defi

In a post on /r/ledgerwallet I started writing some advices about how to protect your seed and your funds especially when using defi. Who am I to give advices I am what you could call a true defi degen.I have probably about 5000 nonce...

Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer

Euler’s total value locked inside its smart contracts has dropped from over $311 million to $10.37 million since the exploit. Contagion from the March 13 flash loan at...

Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack

Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack.On-chain security firms BlockSec and Peckshield said losses from the exploit were over $190 million in cryptocurrencies.The DeFi...

Euler DeFi Protocol Exploited for Nearly $185M

submitted by /u/alterise [link] [comments]

Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward - Cointelegraph

Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward& & Cointelegraph

Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward

Mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. A solo Bitcoin miner has m...

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to futur...

South Dakota Governor Kristi Noem vetoes bill that attempts to redefine money to effectively ban Bitcoin and pave the way for authoritarian CBDC. More than 20 other US states are facing the same legislation.

submitted by /u/BashCo [link] [comments]

I don't know about all of you here, but these SVB, Stablecoins and Silvergate implosions are just further proof that Centralized systems in Finance are just prone to such disasters and that we need strong DeFi more than ever.

All the mess and drama in this Bear Market is caused by highly centralized systems from Blockchain/Crypto driven projects that reached a point of implosion and in many cases these events are triggered by immense greed from individuals. All the big ev...

How the Bitcoin network can solve the pitfalls of DeFi token bridges - Cointelegraph

How the Bitcoin network can solve the pitfalls of DeFi token bridges& & Cointelegraph

Moons/ETH just became the number one defi pool on all of Arbitrum Nova with a TVL of $377K with 124 ETH/818K Moons in liquidity.

We are now the number one defi pool on all of Arbitrum Nova passing the ETH/USDC pool. https://www.geckoterminal.com/arbitrum_nova/pools After hitting an ATH in TVL of $377K with over 124 ETH and 818K Moons in Liquidity. It's a bittersweet...

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