defi

KiloEx Hacker Returns $1.4M: A Win for DeFi Security?

KiloEx Hacker Returns $1.4M: A Win for DeFi Security?

As many are unfortunately aware, the decentralized finance (DeFi) space is regularly plagued by security exploitation. The recent fatal crash with KiloEx underscores the stakes here. KiloEx, a decentralized exchange known for its perpetual contract products, was recently exploited on April 15th. This single event had a large impact, accounting...
KiloEx Hack: Is DeFi's 'Wild West' Finally Taming Itself?

KiloEx Hack: Is DeFi's 'Wild West' Finally Taming Itself?

The $7.4 million hack of KiloEx, a decentralized perpetuals exchange, seemed like just another doomy headline in the ongoing DeFi horror show. Base, opBNB, BSC – the attack was chain agnostic, slithering its way across chains. A price oracle vulnerability attempted the usual suspect, which enabled manipulation of ETH/USD values....
Cardano's $20 Dream? Why Bitcoin DeFi Might Be a Nightmare

Cardano's $20 Dream? Why Bitcoin DeFi Might Be a Nightmare

So, everyone's buzzing about Cardano hitting $20. Twenty dollars! This forecast, emboldened by the EMURGO-BitcoinOS collaboration, creates an alluring vision of ADA emerging as the key player in Bitcoin DeFi. They claim it will do things like open up Bitcoin’s liquidity and catapult Cardano to a market cap greater than...
Cardano to $20? How Bitcoin DeFi Could Fuel ADA's Rise

Cardano to $20? How Bitcoin DeFi Could Fuel ADA's Rise

Whether you’re diving into the metaverse, DeFi, or NFTs, MetaBlock X is your partner to gain a competitive advantage in the crypto frontier. MetaBlockX.com prepares you with revolutionary, accuracy-focused price analysis and valuable Bitcoin information in real-time. Armed with intelligent staking insights and fundamental security advice, you can explore the...
Cardano's Bitcoin Bridge: DeFi Savior or Fool's Gold?

Cardano's Bitcoin Bridge: DeFi Savior or Fool's Gold?

Can a bridge constructed on great intentions and smart technology sincerely get you from one world to an entirely different one? That’s the question flying around Cardano’s audacious southside punt to get itself crowned Bitcoin’s DeFi enabler of choice. The promise is alluring – free Bitcoin’s vast liquidity and funnel...
Analyst Predicts Cardano (ADA) Rally to $20 Amid Bitcoin DeFi Integration

Analyst Predicts Cardano (ADA) Rally to $20 Amid Bitcoin DeFi Integration

Cardano (ADA) can still reach $20! This would equal a mind-boggling 3,144% increase if its recent partnership with the Bitcoin ecosystem bears fruit. This new partnership intends to bring Decentralized Finance (DeFi) capabilities offered on Cardano to Bitcoin’s robust network. Cardano is in the process of implementing a decentralized governance...
ZKsync Suffers $5 Million Exploit, Prompting DeFi Security Concerns

ZKsync Suffers $5 Million Exploit, Prompting DeFi Security Concerns

ZKsync, one of the most popular Ethereum Layer-2 platforms, recently experienced a $3 million security breach. Hackers made off with $5 million worth of airdrop tokens in the attack. This incident shows the risks associated with misuse of an admin wallet. It’s a shocking instance of just one of the...
5 DeFi Security Lessons ZKsync's $5M Hack Teaches Us Now

5 DeFi Security Lessons ZKsync's $5M Hack Teaches Us Now

The ZKsync hack. It’s more than a typical market headline, it’s a freezing bucket of water poured on the face of DeFi. And quite frankly, it’s the rude awakening we sorely required. None of us wants to see $5 million go poof. This incident has laid bare alarming flaws in...
ZKsync Hack Exposes DeFi's Dirty Little Secret: Centralized Control

ZKsync Hack Exposes DeFi's Dirty Little Secret: Centralized Control

We're told DeFi is the future. Our picture-perfect utopia A courageous new universe, liberated from the grip of Wall Street and political interference. The latter, a free-for-all digital utopia where you get to own your own assets. But let's be brutally honest with ourselves: the ZKsync hack just ripped the...
ZKsync Hack: $5M Gone! Lessons for DeFi Security After the Theft

ZKsync Hack: $5M Gone! Lessons for DeFi Security After the Theft

The rapidly evolving landscape of decentralized finance (DeFi) is full of innovation and promise, yet it continues to pose serious security threats. A couple of weeks ago, ZKsync—one of the most popular Layer-2 scaling solutions on Ethereum—suffered a security exploit. The ramifications of this incident resulted in the loss of...