defi

The DeFi space just dodged a bullet. Term Finance took a major hit in June when an oracle misconfiguration caused a loss of $1.6 million in ETH. They prevailed and went on to recover over $1 million. It’s probably a big victory, but a costly lesson learned. This wasn’t even...

The recent Loopscale hack — a $5.8 million hit to a Solana-based DeFi lending protocol — is more than just your typical crypto heist. In the meantime, consider this a flashing red light. The Solana ecosystem needs to seriously reconsider the “move fast and break things” phrase. We’re not just...

The token is not related to Loopscale, a decentralized finance (DeFi) lending protocol on Solana which paused its lending markets after a $5.8 million exploit. It’s official — the platform that could change everything for cities and states today launched, after a six-month closed beta. It has already pulled in...

Loopscale, a lending market constructed on Solana, suffered a critical exploit. The hack has resulted in a loss of $5.8 million, which represents 12% of the platform’s total value locked (TVL). The exploit was aimed specifically at RateX-based collateral pricing, one element in Loopscale’s lending ecosystem.The breach happened less than...

$5.8 million vanished. Poof. Gone. Just like that, Loopscale, a Solana-based lending platform, became the most recent casualty in DeFi’s continual exploit drama. What’s truly gut-wrenching? They had been audited. Twice, actually. Once by OShield, who went so far as to patch critical vulnerabilities themselves, and a second audit, still...

Aave's diving deeper into staked aTokens. Is this a positive step, or are we only paving the way for DeFi users to be victimized? Let’s face it, the DeFi space isn’t exactly user-friendly. New standards and processes rise up quicker than a new meme currency. Staying up to speed with...

Sure enough, Sui’s TVL is rising, DEX volumes are skyrocketing, and stablecoins are pouring in. We hear the buzzwords: "developer confidence," "capital influx," "ecosystem expansion." Let's cut the corporate-speak. You, the regular guy or gal just trying to figure out this crypto jungle, are you really reaping any tangible rewards...

The cryptocurrency market is a fertile ground for wild speculation and big promises. Last week, it was TRON founder Justin Sun who set off a tidal wave of frenzy. On December 17, 2018, he confidently declared JST (JUST) to be the “next 100x token.” All of this continues the fierce...

Justin Sun, the perpetual MNGIE of the crypto world, has once again pulled a bunch of bold predictions out his backside. He predicts as much as a 100x increase for JST (JUST). He bases this daring assertion mostly on the rapidly growing TRON DeFi ecosystem, putting special focus on JustLend...

Justin Sun, founder of TRON has a made a pretty audacious bet. He thinks JST, a TRON ecosystem token, will be the “next 100x token.” TRON’s decentralized finance (DeFi) ecosystem has been booming. Much of this increase can be attributed to the success of platforms such as JustLend and the...