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On the historical timeline of hacker attacks, 2022 will soon overtake 2021 as the most recent entry. But October of this year is particularly fatal – with close to $718 million in crypto assets being hacked in just 12 days, as reported by an analytics firm Chainalysis on October 12th. According to the analytics firm’s […]
An under-the-radar Ethereum competitor is making a lot of WAVES over the past couple of weeks. Covered: Waves TVL Skyrockets To Top 10 WAVES Price Analysis As the crypto markets have been turning bullish over the past two weeks, the Ethereum competitor WAVES benefited the most from the changing tides in market sentiment. But what […]
The post This Ethereum Competitor Just Shot Up To Top 10 In TVL appeared first on CryptosRus.
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total. Aave Goes Live on BNB Chain The [...]
The post Decentralized Money Market Protocol Aave Joins BNB Chains Defi Landscape appeared first on Crypto Breaking News.
On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the top ten defi protocols except for Lido [...]
The post Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked appeared first on Crypto Breaking News.
DeFi losses dropped 40% in 2024 as advanced security measures strengthened protocols, while CeFi breaches surged to $694 million.
The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance's efforts to recover the funds and restore investor confidence. (Read More)
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