defi

Aave's New Staking: Genius Move or Risky Gamble for DeFi Users?

Aave's New Staking: Genius Move or Risky Gamble for DeFi Users?

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...
Sui's DeFi Boom: Are Everyday Users Really Benefiting?

Sui's DeFi Boom: Are Everyday Users Really Benefiting?

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...
Justin Sun: Is JST the Next 100x Token? TRON DeFi Explodes!

Justin Sun: Is JST the Next 100x Token? TRON DeFi Explodes!

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's 100x JST Claim A Gamble Or Genius DeFi Play?

Justin Sun's 100x JST Claim A Gamble Or Genius DeFi Play?

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 Bets Big on JST, Predicts 100x Growth Amid TRON DeFi Expansion

Justin Sun Bets Big on JST, Predicts 100x Growth Amid TRON DeFi Expansion

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...
Loopscale's $5.8M Loss: Who Pays the Price for DeFi's Broken Promises?

Loopscale's $5.8M Loss: Who Pays the Price for DeFi's Broken Promises?

DeFi promised us an elusive financial revolution, a utopia liberated from the gatekeepers of Wall Street. Instead, we’re seeing a slow-motion train wreck. Unfortunately, the wreckage is littered with the dreams and savings of regular folks. The $5.8 million exploit that obliterated Loopscale just two weeks after its release is...
Loopscale's $5.8M Hack: Was Solana's DeFi Dream a Fool's Errand?

Loopscale's $5.8M Hack: Was Solana's DeFi Dream a Fool's Errand?

Here we go again. Another DeFi protocol bites the dust. This time it’s Loopscale, a Solana-based project that was hacked for $5.8 million just two weeks after launch. While Loopscale scrambles to pick up the pieces, the bigger question looms: Is Solana's breakneck pursuit of DeFi dominance setting the stage...
Solana-Based DeFi Protocol Loopscale Hit by $5.8M Exploit

Solana-Based DeFi Protocol Loopscale Hit by $5.8M Exploit

Loopscale, a decentralized finance (DeFi) protocol on Solana, lost $5.8 million to an exploit this past weekend. The exploit was detected on April 26, just a couple weeks after project’s launch on April 10. Loopscale, which is the successor to Bridgesplit, initially as NFT-based yield products.Attackers exploited a vulnerability in...
Cardano Staking Evolves: New DeFi Primitives and Simplified Rewards Attract Capital

Cardano Staking Evolves: New DeFi Primitives and Simplified Rewards Attract Capital

Cardano is going through a big evolution in its staking ecosystem. Recent developments are causing quite a stir. With the incorporation of new, cutting-edge DeFi primitives, the Hydra scaling toolkit increases the throughput capabilities and brings new, varied reward models to the mainnet. This transformation demystifies the process of staking,...
KiloEx Hacker Returns $7.5M: What Does It Mean for DeFi?

KiloEx Hacker Returns $7.5M: What Does It Mean for DeFi?

The decentralized finance (DeFi) ecosystem is quickly evolving. As it expanded, we began to witness greater examination and, unfortunately, a rise in potential security danger. Just last week, KiloEx, a decentralized exchange, was taken for over a million dollars in a major exploit. What makes this event particularly noteworthy is...