Two altcoins that are not Cardano (ADA) and Ethereum (ETH) set for major gains over the next few months

Dogecoin (DOGE) records a 15% weekly increase which sent its price to $0. 1801 while Mutuum Finance (MUTM) experiences incredible success in phase 4 presales achieving $7. 7 million with the sale of over 444 million tokens.

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Can Mutuum Finance (MUTM) hit $3 in 2025? market analysts weigh in

Mutuum Finance (MUTM) has entered the spotlight as one of the more talked-about presales in early 2025, and it’s not just because of the numbers. With nearly $4. 9 million raised and over 330 million tokens already sold, investors are locking in their positions fast.

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Level Finance [LVL] confirms $1 million exploit due to bug

An attacker stole more than $1 million of Level Finance's native Level Finance [LVL] token. Euler Finance ($197 million stolen) and Sentiment ($1 million stolen) are two of the year's most notaThe post Level Finance [LVL] confirms $1 million exploit due to bug appeared first on AMBCrypto.

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DeFi token VISR plunges by 95% following $8 million hack

Decentralized finance (DeFi) liquidity management protocol Visor Finance became yet another victim of hackers last night as perpetrator(s) siphoned over 8. 8 million VISR tokens—worth $8. 1 million at the time.

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Indexed Finance’s NDX Is Down 92% from ATH After $16 Million Hack Sends it Crashing

Indexed Finance, a decentralized protocol for passive portfolio management on Ethereum, got hacked for $16 million worth of assets this week. This resulted in a drop of over 35% in the price of its native token NDX, currently trading at $2.

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DeFi Project xToken Suffers Second Attack, Loses $4.5 Million to Hackers

Decentralized finance (DeFi) protocol xToken suffered another exploit following a vulnerability in the xSNX contract, which resulted in the loss of $4. 5 million. Cream Finance protocol also lost over $26 million from a flash loan attack.

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Harvest Finance Ups Reward To $1 Million For Hard Evidence Leading To Return Of Stolen Funds

Earlier this week, an economic exploit using flash loans was conducted on decentralized Finance (DeFi) protocol Harvest Finance enabling the attacker to get away with $33. 8 million  — initially believed to be roughly $24 million.

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Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit

Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack.

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Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.

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DeFi Harvest Finance Total Value Locked Halves & FARM Tanks Following ‘Economic Attack’

Another day, another DeFi exploit.  It was last week that the less than two-month-old Harvest Finance saw its total value locked (TVL) surge to $1. 175 billion. And today, it has fallen under $600 million.

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Polkadot-integrated RAI Finance raises $1.5 million from crypto-funds

DeFi protocol RAI Finance is in the news after it announced that it raised $1. 5 million worth of strategic investment led by global crypto-funds including GBIC and Alphabit. RAI Finance aims to buiThe post Polkadot-integrated RAI Finance raises $1.

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Harvest Finance Hacked for $24 Million, Puts Bounty on Alleged Attacker

According to reports on Oct 26. 2020, nearly $24 million in value has been siphoned from the liquidity pools of Harvest Finance, a major decentralized finance (DeFi) protocol. Harvest Finance subsequently confirmed the hack, stating that the protocol is “working actively on the issue of mitigating the economic attack on the Stablecoin and BTC pools.

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DeFi Protocol Harvest Finance Offers $100,000 Bounty In The Aftermath Of A $24M Exploit

Several decentralized finance (DeFi) protocols have fallen victim to economic exploits since the start of this year. These have included large-scale attacks on the bZx project, the $25 million exploit on dForce’s lending protocol LendfMe.

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DeFi project Harvest Finance loses $24 million to hackers

By now, everyone knows that the DeFi sector has been the center of the attention of the crypto industry in 2020. The sector has grown by billions and billions of dollars in only a few months. However, just like it started attracting new users and investors, as well as their money — it also started attracting hackers interested in stealing that money.

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Harvest Finance puts $100K bounty on alleged hacker

Harvest Finance is actively tackling the apparent $24 million attack.

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Hackers Drain DeFi Protocol Harvest Finance of $24 Million

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RAI Finance Successfully Raises $1.5 Million in Funding Round

The blockchain-based decentralized finance (DeFi) protocol RAI Finance announced that it has succeeded in attracting approximately $1.5 million worth of strategic investment led by global crypto funds...

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DeFi users deposit $100 million in stablecoins into Ethereum’s latest yield farm

It appears that even after a strong retracement, the decentralized finance (DeFi) space is far from dead. The post DeFi users deposit $100 million in stablecoins into Ethereum’s latest yield farm appeared first on CryptoSlate.

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Indian Trade Finance Startup Raises $3.7M in Token Sale Led by Arrington XRP

Persistence has closed a $3.7 million token round led by Arrington XRP Capital and including Alameda Research, Terra and others.

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Defi Community Members Aim to Sue Yearn Finance Creator Andre Cronje and Fork YFI

Members of the decentralized finance (defi) community are upset with Yearn Finance founder Andre Cronje over the mishap with Cronje’s secret Eminence (EMN) project. The Eminence protocol gathered $15 million before the project was ultimately hacked before the official launch.

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Trust no one: Founders of once-$50 million Ethereum coin “rug pull” users

While the Ethereum decentralized finance space has cooled down dramatically since the euphoria seen in August and September, the space is still rife with scammers. The post Trust no one: Founders of once-$50 million Ethereum coin “rug pull” users appeared first on CryptoSlate.

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Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1. 4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch the company’s bBTC tunnel this month in order to introduce another tokenized bitcoin.

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APY Finance Liquidity Surges to $80 Million Hours After Launch

Any notions that interest in the DeFi sector was waning have likely been quashed as the latest yield farming platform has surged in terms of liquidity provision just hours after launching. The latest DeFi hype is APY Finance which is another staking and liquidity providing protocol offering big returns similar to those before it.

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Yield farming platform APY Finance locks $67 million in first hour

APY.Finance is the latest DeFi protocol to explode in popularity, locking more than $67 million of stablecoins in the first hour of launching its mining program.

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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth. ” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees.

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YFI Founder Andre Cronje ‘Still Building’ the DeFi Project that Got Hacked for $16 Million

Amidst the craze and shift toward non-fungible tokens (NFT), DeFi sweetheart yEarn’s founder Andre Cronje’s latest project saw rug pulled on $16 million. The project was Eminence Finance (EMN), an unreleased and unfinished gaming multiverse project whose smart contracts were deployed last night but without any announcement.

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Data shows over 100 million unique users now have Bitcoin and crypto accounts

A new report commissioned by the Cambridge Center of Alternative Finance, a research effort focused on cryptocurrencies, said over 101 unique million users opened new accounts at crypto service providers such as exchanges and wallets.

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Eminence Finance Rug Pull, Speculators Lose $15M on EMN

High-risk DeFi speculators have lost $15 million in a rapid rise and fall of an unreleased NFT game called Eminence. […] The post Eminence Finance Rug Pull, Speculators Lose $15M on EMN appeared first on DeFi Rate.

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Hacker steals $15m after degens pile into unreleased Yearn Finance project

Eminence, an unreleased project being built by Yearn’s Andre Cronje has been drained of $15 million.

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Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide

The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study. ” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security.

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A Guide and Short History of SushiSwap

Decentralized finance has grown from small beginnings with less than $700 million in total value locked across all platforms in January 2020, to a thriving ecosystem of over $10 billion in TVL by September of the same year.

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Russia Wants Citizens to Declare Wallet Addresses, Transactions

The Russian Ministry of Finance has suggested changes to criminal law punishing undeclared crypto wallets holding more than 1 million rubles ($13,000, at press time). This comes as Russia increases regulation of crypto assets with sometimes contradictory statements.

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NFT Sales Heat Up as Rarible Marketplace Passes $5M in Volume

While decentralized finance (DeFi) has grabbed most of the recent headlines, the non-fungible token (NFT) market has quietly picked up steam over the summer.   According to a Sept. 16 report from crypto asset data website Messari, Rarible, an NFT marketplace, has passed $5 million in sales so far this month—more than quadrupling sales numbers from August.

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DeFi yield farming automator APY.Finance raises $3.6M

APY. Finance (APY), a next-generation DeFi yield farming aggregator, today announced it has closed a $3. 6 million private round of funding from Alameda Research, Arrington XRP Capital, Coingecko, Cluster Capital, the LAO and other prominent DeFi thought leaders, including Santiago Roel Santos (Parafi Capital) and George Lambeth.

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This Statistic Shows How Small Ethereum’s DeFi Space Really Is

Ethereum’s decentralized finance space has seen parabolic growth since the start of 2020. In the past nine months, the value of coins locked in DeFi contracts has surged from around $500 million to $10 billion — a statistic that may actually undershoot true values.

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Decentralized Exchange Aggregator, ParaSwap, Raises $2.7M to Streamline DeFi Token Swaps

France-based decentralized exchange aggregator, ParaSwap, raises $2. 7 million in a seed funding round from some of the top investors across the crypto ecosystem. The funding is set to boost API integration and development in a bid to enhance the building of decentralized finance (DeFi) applications.

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Defi Platform Bzx Recovers Stolen $8.1 Million From Hacker

Decentalized finance (defi) protocol Bzx has recovered the $8. 1 million it lost to a hacker a few days ago. The company claims it was able to track down the cyber thief, whom it refused to name for legal reasons, through their on-chain activity.

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Kind of a big dill: Pickle.Finance TVL exceed $347M in 4 days

Investors are salivating for pickles after DeFi protocol Pickle.Finance locked $347 million in it’s liquidity pools.

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$8.1 Million Lost In bZx Protocol’s Third High-Profile Hack This Year

Decentralized Finance (DeFi) lending protocol, bZx, has been hit by the third exploit this year. This time, it is believed that the hackers made off with approximately $8 million worth of digital assets.

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Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year

So called decentralized finance (defi) lending platform Bzx on Sunday lost $8. 1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.

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NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week

While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during the last seven days.

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Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders

Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve token contract and could not retrieve it.

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C.R.E.A.M Finance Goes Live on Binance Smart Chain; Deposits Jump Past $300 Million

Earlier this month, Binance announced the launch of Binance Smart Chain to enable the creation of smart contracts and the staking mechanism for BNB. At that time, it announced Ethereum-based Cream as its DeFi collaborator, and today the DeFi project has gone live on Binance Smart Chain.

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Swerve Amasses $600 Million in Deposits; Over 60% of Curve within a Week of Launch

Swerve Finance, an unaudited fork of DEX Curve Finance, has amassed more than $600 million in deposits or the total value locked (TVL) in the protocol. In under a week, this decentralized finance protocol has gotten about 60% of Curve’s deposits, which currently stands at just under $1 billion.

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Nexus Mutual surpasses 1% of total DeFi TVL as insurance market heats up

Nexus Mutual, the insurance coverage provider for decentralized finance (DeFi) protocols, surpassed $74 million in active coverage. The post Nexus Mutual surpasses 1% of total DeFi TVL as insurance market heats up appeared first on CryptoSlate.

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Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch

Yfdex. Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media, and then disappeared without a trace.

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Crypto Whale Warns Of Growing DeFi Scams As Another Protocol Exits Market With Funds Worth $20M

A new liquidity mining pool DeFi project, Yfdexf. Finance has exited the market after defrauding investors of $20 million in total funds locked in its protocol. Yfdexf conducted a two days major advertising campaign on different platforms, including Twitter and Telegram, with promised giveaways for retweets and hashtags.

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Oops: a “rookie” Ethereum DeFi user just burned $1 million in USDT

Late last week, leading Ethereum decentralized finance protocol Curve was forked into a new protocol focused on the community after a number of controversies. The post Oops: a “rookie” Ethereum DeFi user just burned $1 million in USDT appeared first on CryptoSlate.

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What Is Yearn Finance? The DeFi Gateway Everyone Is Talking About

Some $650 million has poured into Yearn.Finance since mid-August. Can Yearn and its YFI token be the mass-market gateway to DeFi?

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