decentralized finance

Mobius Protocol Suffers $2.15 Million Exploit on BNB Chain

Mobius Protocol Suffers $2.15 Million Exploit on BNB Chain

A serious vulnerability has drained $2.15 million worth of MBU tokens from Mobius Token smart contracts on the BNB Chain. The attacker deployed the contract from address 0xb32a53... at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC. The malicious smart contract drained 28.5 million MBU tokens and exchanged the...
Bitcoin on Cardano?! BitcoinOS Achieves Historic Cross-Chain Transfer

Bitcoin on Cardano?! BitcoinOS Achieves Historic Cross-Chain Transfer

MetaBlock X is designed to help you stay ahead of the curve in crypto innovation. Today, we’re exploring one such development, a potential game-changer that promises to redefine the contours of DeFi. BitcoinOS has made a remarkable cross-chain transfer a reality, making it possible for Bitcoin to enjoy the benefits...
Xpfinance Pioneers First Non-Custodial DeFi Platform on XRPL with Launch of $XPF

Xpfinance Pioneers First Non-Custodial DeFi Platform on XRPL with Launch of $XPF

Xpfinance is going to be the first decentralized non-custodial lending and borrowing platform, purpose-built for the XRPL. With this new and exciting platform, ownership concerns are alleviated while maximizing the speed and efficiency of the XRPL network. The platform's economy will be powered by $XPF, its native utility token, with...
Maple Finance Spearheads DeFi Lending with Under-Collateralized Loans

Maple Finance Spearheads DeFi Lending with Under-Collateralized Loans

Maple Finance, a decentralized finance (DeFi) lending protocol that was released in 2021, is shaking up conventional crypto lending. Sidney Powell and Joe Flanagan are co-founders of the new platform. It’s notable in the DeFi space for offering under-collateralized loans. Capitalizing on this unique feature helps it stand out. With...
Maple Finance: Democratizing Finance or Just Another Crypto Casino?

Maple Finance: Democratizing Finance or Just Another Crypto Casino?

Imagine this: Priya, a single mother in Bangalore, diligently saving every rupee. She wants a better educational future for her daughter, but regular savings accounts provide pitiful interest rates. Then she finds out about Maple Finance and its magical SYRUP that will make her high yields appear. Could it be...
Rootstock's Mining Power Surges Amidst TVL Decline in Q1 2025

Rootstock's Mining Power Surges Amidst TVL Decline in Q1 2025

As an example, in the first quarter of 2025, Rootstock—a layer-2 Bitcoin network—witnessed an astonishing jump in mining activity. The inverse relationship affected its total value locked (TVL) in both Bitcoin and U.S. dollars during the same period. While TVL has decreased, Rootstock continued building their ecosystem with important integrations...
Voltage Exploit Shows DeFi's Fatal Flaw Regulators Refuse to See

Voltage Exploit Shows DeFi's Fatal Flaw Regulators Refuse to See

The Voltage Finance exploit isn't an isolated incident. It's a flashing red warning light illuminating DeFi's fundamental flaw: a regulatory blindspot so vast, you could fly a Boeing 747 through it. Millions of public dollars have disappeared into the digital ether—twice now for Voltage Finance, by our count. This local...
Voltage Finance Exploiter Moves $182K in ETH to Tornado Cash After Second Exploit

Voltage Finance Exploiter Moves $182K in ETH to Tornado Cash After Second Exploit

On March 18, Voltage Finance, a decentralized finance (DeFi) platform, suffered the second exploit. This event resulted in an incredible loss of $322,000. This incident comes after an exploit in March of 2022, when the platform was drained of $4.67 million. The attacker from the original exploit has funneled nearly...
Voltage Finance Hacker Awakens: $182K ETH Funneled to Tornado Cash

Voltage Finance Hacker Awakens: $182K ETH Funneled to Tornado Cash

The crypto community as a whole is understandably on edge once more! The exploiter of Voltage Finance also moved $182,000 worth of Ether (ETH) through Tornado Cash, a popular crypto mixer infamously known for laundering stolen funds. This advancement poses troubling questions about the adequacy of our existing security protocols....
GMGN Users Beware: Sandwich Attacks Surge on Solana!

GMGN Users Beware: Sandwich Attacks Surge on Solana!

Network vulnerabilities Despite being widely praised for its velocity and low costs, the Solana network has unfortunately become a lightning rod for advanced exploits. Of these, sandwich attacks are one of the most egregious threats to traders on platforms such as GMGN. Learning more about how these attacks operate and...