New DeFi Project Umee Raises Another $32M

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Umee, a DeFi protocol that offers users interoperable tools, has raised another $32 million. Umee managed to raise another $32 million with a sale on crypto asset trading platform...

Terra (LUNA) Becomes Second Largest DeFi Platform

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Terra (LUNA) surpasses Binance Smart Chain to become the second largest smart contract (DeFi) platform.Terra has become the second largest smart contract platform in terms of total value locked...

DeFi Protocol Grim Finance Hacked, $30 Million Loss

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DeFi protocol Grim Finance was hacked today. Known as the Intelligent Yield Optimization Platform built on Phantom Opera, Grim Finance reported that it was hacked via its Twitter account...

Fixed $2.6 Billion Bug in Solana Program Library

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Researchers from Neodyme, a security audit-focused team, noticed a critical vulnerability in Solana's codebase in the Solana Program Library. In recent blog posts, the company shared the design of...

Another DeFi Project Announces It Has Been Hacked

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The decentralized finance protocol Badger DAO has been hacked. $10 million worth of various cryptocurrencies were stolen from the protocol.Badger DAO, one of the leading DeFi protocols, was hacked...

Circle Launches USDC on Hedera Hashgraph

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Circle launched USDC on the Hedera Hashgraph network. It will be the first stablecoin on the network. Hedera Hashgraph, a proof-of-stake network, is backed by giants like Google and...

Another Attack in the DeFi World! This time the target is in Avalanche Network

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The decentralized finance platform Vee Finance has been hacked. The DeFi platform, which was launched in Avalanche recently, lost a total of 8804.7 ETH and 213.93 BTC with the...

Another DeFi Platform Has Been Hacked!

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The MISO platform, one of SushiSwap's launchpad products, was hacked. SushiSwap CTO Joseph DeLonge reported on GitHub that an anonymous contractor using the alias AristoK3 had ingested malicious code...

SEC Chairman Gensler Speaks About DeFi

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Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), referred to DeFi in the US. He said that hitherto completely unregulated, peer-to-peer networks may not be exempt...

SEC Accuses DeFi Company of Illegal Securities Sale and Fraud

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The U.S. Securities and Exchange Commission (SEC) has accused decentralized finance project DeFi Money Market of making an unregistered $30 million offer and fraud.Blockchain Credit Partners and its two...

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