protocol

Cardano Unveils Cardinal Protocol, Bridging Bitcoin to DeFi

Cardano Unveils Cardinal Protocol, Bridging Bitcoin to DeFi

Among the first movers on this front is Cardano founder Charles Hoskinson with the new Cardinal Protocol, a Bitcoin DeFi game changer. This groundbreaking development opens new doors for Bitcoin holders to leverage their assets in the rapidly-growing decentralized finance (DeFi) ecosystem within the Cardano blockchain. To keep all activities...
KiloEx Exploited: DeFi Protocol Suffers Multi-Million Dollar Loss

KiloEx Exploited: DeFi Protocol Suffers Multi-Million Dollar Loss

KiloEx, a DeFi decentralized finance (DeFi) protocol, was recently attacked by a well-devised exploit. This unfortunate incident further illustrates the dire need for proactive security measures across the DeFi ecosystem. The exploit, which led to a loss of over $31 million, exploited the vulnerabilities built into the price oracle framework...