DeFi

ZK International Subsidiary xSigma Introduces New Defi Project

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/daw_1456x360-59.jpg” alt width=”1456″ height=”360″></a></div>PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ:ZKIN), was launched in 2018 as a blockchain research and development lab to solve real-world infrastructure challenges. After two years of intensive research into smart contracts …

ZK International Subsidiary xSigma Introduces New Defi Project Read More »

DeFi Protocol Pickle Finance Token Loses Almost Half Its Value After $19.7M Hack

Popular decentralized finance protocol Pickle Finance was hacked on Saturday, draining $19.7 million in DAI, a decentralized stablecoin pegged to the U.S. dollar, from a Pickle wallet. Pickle came on the scene Sept. 11 as one of many food-themed DeFi projects. The fully automated system rewards users with interest payments and token disbursements in PICKLE, …

DeFi Protocol Pickle Finance Token Loses Almost Half Its Value After $19.7M Hack Read More »

Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/422919″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/11/1456×360-7.jpg” alt width=”728″ height=”180″></a></div><span><strong>Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there …

Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think Read More »

$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit

In yet another attack on a major decentralized finance (DeFi) protocol, farming project Pickle Finance has been exploited today to the tune of $20 million.  The attack transpired roughly two hours ago, and ETH-savvy Twitter users were quick to notice that pickle’s cDAI jar — Pickle’s term for a yield-bearing vault — had been emptied: …

$pickle in a pickle as attacker swipes $20 million in “evil jar” exploit Read More »

Crypto hedge fund Pantera Capital files for massive $134 million raise

In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the seven year history of the firm.  Formed in 2013 as the first-ever Bitcoin fund in the United States, Pantera initially raised a comparatively measly …

Crypto hedge fund Pantera Capital files for massive $134 million raise Read More »

TrustSwap Leverages its Escrow and Time-lock Services to Build a Startup Launchpad

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/422919″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/1456×360-6.jpg” alt width=”728″ height=”180″></a></div><strong>In recent months, a new DeFi upstart has been making a name for itself in the cryptocurrency arena. It’s called<a href=”https://trustswap.org/”> TrustSwap</a>, and it’s purpose-built to fill a void in the crypto industry that’s integral to the continued …

TrustSwap Leverages its Escrow and Time-lock Services to Build a Startup Launchpad Read More »

Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B

The price of bitcoin hit new 2020 highs as the “alternative to gold” narrative increases. Meanwhile, smaller crypto tokens might be helping push DeFi to new heights. Bitcoin (BTC) trading around $18,638 as of 21:00 UTC (4 p.m. ET). Gaining 3.5% over the previous 24 hours. Bitcoin’s 24-hour range: $17,723-$18,813 (CoinDesk 20) BTC above its …

Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B Read More »

Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live

<div class=”featured_image_container”> <img width=”1280″ height=”720″ src=”http://scoreit.online/wp-content/uploads/2020/11/round_2-1280×720-1.jpg” class=”story__img article__poster” alt=”Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live” loading=”lazy” srcset=”https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-scaled-e1605698832315.jpg 1280w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-300×169.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-1024×576.jpg 1024w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-768×432.jpg 768w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-1536×864.jpg 1536w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-2048×1153.jpg 2048w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-696×392.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-1392×783.jpg 1392w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-1068×601.jpg 1068w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-746×420.jpg 746w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-1920×1080.jpg 1920w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-190×107.jpg 190w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-380×214.jpg 380w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-760×428.jpg 760w, https://news.bitcoin.com/wp-content/uploads/2020/11/round_2-1520×855.jpg 1520w” sizes=”(max-width: …

Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live Read More »

Market Wrap: Bitcoin Hangs Around $18K While Ether Locked in DeFi Declines

Bitcoin steadied around $18,000 after record volumes on Wednesday while Ethereum 2.0 may be causing some investors to move ether out of decentralized finance (DeFi). Bitcoin (BTC) trading around $18,026 as of 21:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $17,364-$18,170 BTC above its 10-day and 50-day moving …

Market Wrap: Bitcoin Hangs Around $18K While Ether Locked in DeFi Declines Read More »

Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/387428″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/bitcoin-exchange-banner-5.png” alt width=”728″ height=”90″></a></div><strong>The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens …

Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85% Read More »