A small decentralized autonomous organization (DAO) has suffered a rather sizeable smart contract exploit, leading to an estimated $120 million being stolen from its protocol. BonqDAO told its Twitter …
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Financial services institutions and banks have increasingly engaged with Web3 since 2020. This is also true within institutional decentralized finance (DeFi), as several potential use cases have …
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Decentralized Finance, commonly just referred to as DeFi, can be a confusing field for beginners trying to figure out how it relates to financial companies, fintech, blockchain technology, …
Continue Reading about 30+ DeFi statistics 2022: how it is weathering the crypto storm
Decentralized financial systems have grown in recent years. But when the phenomenon gained greater transactions, cybercriminal’s motivations managed to soar even higher. A difficult- to- alter digital …
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Decentralization is part of the cryptocurrency industry’s core, with various protocols trying over time to achieve the level of decentralization that Bitcoin managed to get as it grew organically from …
Since the beginning of one of the harshest crypto winters, investors have been inundated with negative news. FriesDAO has been compromised. Unknown assailants have stolen $2.3 million in tokens from …
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Blockchain – the shared and binding ledger that records online financial transactions and tracks a business network’s assets – is not as secure as its image suggests, according to researchers from …
With the alarming rate of scams in the crypto industry, blockchain security company PeckShield has raised the alarm about Freedom Protocol and Raccoon Network as scams. The industry-leading blockchain …
Trustless blockchain bridges will play an important role in cross-chain interoperability and in reducing the risk of hacks in the blockchain industry. This problem was brought to the fore earlier this …
Major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers on Monday, citing "extreme" market conditions, sparking a sell-off across crypto markets. Here's what you need …
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