defi

KiloEx Hack: Will DeFi's Wild West Finally Get Sheriffs?

KiloEx Hack: Will DeFi's Wild West Finally Get Sheriffs?

Sarah is a working single mother. She poured her meager savings into KiloEx, resolved to build a new life for her children. She’d heard the stories underpinned by DeFi, the tales of financial freedom, of being your own bank, having sovereignty over your money. Then, boom. $7.4 million gone. Hacked....
KiloEx Hacked: $7.4M Gone! What Went Wrong & DeFi's Future?

KiloEx Hacked: $7.4M Gone! What Went Wrong & DeFi's Future?

Join us on MetaBlock X — your competitive advantage in the crypto landscape awaits. For calculations and real-time Bitcoin price updates, look no further than precision-driven price analysis from MetaBlockX.com. Exclusive smart staking insights and security best practices armed you to explore the world of digital assets with clarity, confidence...
Is DeFi's April Surge a Real Revolution or Just Another Bubble?

Is DeFi's April Surge a Real Revolution or Just Another Bubble?

From my vantage point here in Singapore, I see a global financial center that is profoundly linked into the digital sphere. The current DeFi boom seems really overwhelming and daunting. April’s crypto optimism is electric, a far cry from the “crypto winter” mentioned above that many of us recently lived...
8 Years for Bitcoin Phishing Kingpin Is DeFi's Wake-Up Call

8 Years for Bitcoin Phishing Kingpin Is DeFi's Wake-Up Call

DeFi.Decentralized Finance.It’s the same promise of a financial revolution, moving power and control from Wall Street to you.History shows that revolutions, too, can be hijacked. The example of Zak Coyne, the LabHost developer, is a clear indication that as we approach this transformation, we could use some guardrails. He received...
KiloEx Exploit: Systemic DeFi Flaws Or Just Another Hack?

KiloEx Exploit: Systemic DeFi Flaws Or Just Another Hack?

Needless to say, the KiloEx hack, a $7 million cross-chain exploit, has everyone in DeFi on high alert. Your initial reaction may be to blow it off as “just another life hack.” Others view it as a mere cost of doing business in the wild west of decentralized finance. I...
KiloEx Hack: Is This the Wake-Up Call DeFi Needs?

KiloEx Hack: Is This the Wake-Up Call DeFi Needs?

Another day, another DeFi hack. This time it’s KiloEx, with a rad $7.5 million disappearing into the ether due to, you guessed it, a price oracle vulnerability. We’re referring to $3.3 million in Base tokens, $3.1 million in opBNB, and $1 million in BSC tokens. Poof. Gone. As you can...
KiloEx Hack Exposes DeFi's Achilles Heel: Centralized Oracles

KiloEx Hack Exposes DeFi's Achilles Heel: Centralized Oracles

Okay, let's talk about the KiloEx hack. $7.5 million gone. Poof. Another day, another DeFi disaster. This isn't just another statistic. It's a glaring spotlight on a fundamental flaw in the very foundation of decentralized finance: the reliance on centralized oracles.DeFi's Centralized Heartbeat – OraclesWe’re peddled this utopia of decentralized,...
KiloEx Hack: Is This the End for Small DeFi Exchanges?

KiloEx Hack: Is This the End for Small DeFi Exchanges?

I can recall Sarah’s text yesterday as clearly as the day she sent it. "Aditya, I'm ruined. Everything I had was in KiloEx. Gone. Just like that." For Sarah, the single mom turned DeFi pioneer only trying to provide a better life for her children, her dreams turned to ashes...
DeFi Saver's Smart Wallets: Innovation or Security Nightmare Waiting to Happen?

DeFi Saver's Smart Wallets: Innovation or Security Nightmare Waiting to Happen?

… it has to be the coolest sounding name for a fiscal superhero, right? With the pledge to swoop in and save you from the cumbersome intricacies of decentralized finance. And to a large extent, it delivers. Bringing all DeFi protocols together under one roof, providing simpler tools for borrowers...
DeFi Saver: Conquer Crypto Complexity With One Powerful Tool

DeFi Saver: Conquer Crypto Complexity With One Powerful Tool

DeFi Saver is a great illustration of how far decentralized finance (DeFi) has come. It offers an intuitive UI that makes complex multichain interactions simple. As a result, it has completed more than 100,000 transactions and processed more than $6 billion in volume. In consequence, it has stealthily carved out...