Category: BSC

Avalanche Defi Platform Vee Finance Attacked — $35 Million In ETH, BTC Siphoned

On September 21, 2021, an Avalanche-based decentralized finance (defi) platform Vee Finance announced that it suffered from an incident that siphoned 8,804 ether and 213 bitcoin out of the system.…

Cross-Chain Bridges That Connect 5 Different Blockchains To Ethereum

During the last few months, cross-chain bridge technology has grown a great deal and users can now swap assets between a myriad of networks. Today, between eight different bridges there’s…

Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC On ETH, Lending On ETH Taps $44 Billion

In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen…

As Crypto Economy Slumps, Total Value Locked In Defi Continues To Rise

Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values…

Elon Musk’s New Puppy Tweet Sends Shiba Floki Token Soaring, FLOKI Jumps More Than 900% In 24 Hours

The CEO of Tesla, Elon Musk shared a picture of a Shiba Inu pup and said “Floki has arrived” to his 59.8 million Twitter followers. Of course, the tweet affected…

Safemoon Product Launch Hits A Snag, Project Bombarded By Accusations, Community Deflects Criticism

A cryptocurrency project called Safemoon has been trending in forums and social media in recent times, as the crypto asset team promised a few new products, but the team claims…

Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% Of The Trade Volume

Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours…

Poly Network Hacked For More Than $600 Million — Hacker Trolls Project Saying ‘It Could Have Been A Billion’

On August 10, the decentralized finance (defi) project Poly Network suffered a loss of over $600 million according to various reports. The hack follows a recent Ciphertrace report on how…

Tokenized Bitcoin On Ethereum Crosses $11 Billion Notional, WBTC Commands 76% Of Circulating Supply

According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects,…