defi

KiloEx dodged a bullet. Whew, $7.5 million swiped, then returned after a bounty offer from the government. Happy ending, right? I'm not so sure. Unfortunately, this issue is not limited to KiloEx. It’s a bright red alarm that exposes systemic flaws in our current implementation of DeFi. It should be...

The KiloEx hack. The KILO token's precipitous fall. Trading frozen. We've seen this movie before, haven't we? This time, there's a twist: a seemingly proactive compensation plan. Is KiloEx really ushering in a new era of honesty and accountability to DeFi security, or is this just damage control that’s been...

"I lost everything." That’s what Sarah, a single mom from Ohio, said to me after the KiloEx hack. She’d invested her life savings, intending to create a more promising future for her children. Now, that future seemed a million miles away. Sarah’s story isn't unique. It's the human face behind...

Let's be honest. DeFi can feel like navigating a minefield. You hear whispers of incredible APYs, but then you're confronted with gas fees that could rival a small mortgage, confusing jargon, and the ever-present fear of rug pulls. Let’s take the example of Sarah, a graphic designer who wants to...

After all, DeFi is touted as the future of finance, or so they say. Transparent, decentralized, and accessible to all. Let’s face it, sometimes it feels like the Wild West. Rather than newfangled stagecoach robberies a la 1890s, we’re talking about $7.5 million scams. The recent KiloEx hack, while ultimately...

It's more than just another DeFi headline. It's a flashing neon sign pointing directly at the elephant in the (decentralized) room – the centralization theater that plagues so much of the DeFi landscape. Sure, we hear the buzzwords: "decentralized," "trustless," "permissionless." But scratch the surface, and you’re frequently left with...

Crosschain bridges have turned into crucial infrastructure in the web3 ecosystem. They enable users to easily transfer assets and information across disparate blockchains, unlocking the true power of the decentralized universe. As the DeFi landscape continues to change rapidly, it’s important for anyone participating in the crypto space to know...

Consider the story of Sarah, a single mother who invested most of her life savings into ROAR, seduced by the siren song of financial independence. She pictured a better life for her children, a college education, a nest egg for retirement. Then, poof, $800,000 disappeared, and along with it, vanished...

The global landscape of Decentralized Finance (DeFi) offers a trustless utopia. Yet inarguably, human fallibility remains an Achilles’ heel as a vulnerability. Our most recent ROAR hack yielded significant losses of $785,000. This incident should serve as a reminder of the insider threat that even the most innovative blockchain projects...

We’ve all been hearing about that sweet, sweet interoperability lately in DeFi. The potential of easily transferring assets between chains, opening access to new markets, and optimizing yields is just plain irresistible. Bridges, those digital arteries linking far-flung blockchain ecosystems, are meant to be the solution. Let's be brutally honest...