DeFi

The BIS Urges the Regulation of DeFi Networks

Established in 1930, the BIS, or Bank for International Settlements for short, is a group of central banks. The main goal of the BIS is…
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DeFi Lost Billions to Theft in 2021

Elliptic, a risk management firm, declared that users of DeFi lost billions to scams and hacks. The number goes around $10.5 billion. The number is…
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Top 5 DeFi Projects to Watch Out for in 2022

Decentralized finance (DeFi) is still reigning as one of the most popular terms related to financial markets. The peer-to-peer network is becoming a regular part…
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DeFi Protocol Indexed Finance Loses $16 Million To a Hacker Attack

The DeFi protocol known as Indexed Finance got hacked at the beginning of October; the lost amount goes as high as $16 million. Index Finance…
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Mark Zuckerberg and His Crypto Plans

Before the Big Boom Mark Zuckerberg, born in New York in 1984, developed an interest in technology and computers from an early age. At the…
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The European Block Becomes the Strongest Crypto Economy

The central part of Europe, the West and the North, also known as the European block have reached the highest volume of digital trading currencies.…
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New Restrictions In China Caused Increase In DeFi

In the last few days, since China banned all transactions in crypto, there has been an increase in DeFi. Many protocols have been surpassing their…
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$12 Million Hack in pNetwork Because of a Bug in DeFi

A bug in the DeFi (decentralized finance) protocol of pNetwork was exploited to steal crypto; this time, the theft amounted to $12.5 million. The hacker,…
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Solana’s High Volatility

A couple of days ago, the token of Solana’s protocol, also known as Sol, went through sharp fluctuations in price. Solana’s high volatility was due…
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DeFi Net Value Approaches 200 Billion USD

How Did it Start? The net value of DeFi went above $170 billion as other projects outside of Ethereum are becoming increasingly more vital. Despite…
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The Biggest Crypto Theft in History

A Bit of Background The industry of DeFi has been growing at a fast pace, which makes crypto theft more attractive for hackers. Just three…
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