Defi Implosion: YAM Token Market Cap Plummets to Near Zero as Founder Claims He ‘Failed’

Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a. дальше »

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Defi Implosion: YAM Token Market Cap Plummets to Near Zero Founder After Claims He ‘Failed’

Yield farmers excited about the recent decentralized finance (defi) project, Yam Finance, got a rude awakening after the token’s value plummeted in value to near zero. Yam Finance developers discovered a major flaw in the rebasing contract and at 4 a. дальше »

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Blockchain Bites: Coinbase’s Loans, Ethereum’s Fees, YAM’s Bug

Ethereum fees and miners' profits are at all-time highs. Coinbase is offering bitcoin-backed loans and the Tor Network is subject to a crypto scam. дальше »

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YAM Lives After Price Crashed 99%, YAM 2.0 will be Coming

Yesterday, in less than 24 hours since its launch, YAM had $450 million locked in its unaudited protocol, which today surged to $604 million only to get more than halved. Currently, $280 million are left in this protocol. дальше »

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YAM has crashed by 99% after security flaw was found

YAM crashed from $167 to $0.6 in minutes, with over $750k worth of Curve...

The post YAM has crashed by 99% after security flaw was found appeared first on Coin Journal.

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Forget YAM, Ethereum DeFi’s hottest new craze is Based—literally

Just 24 hours after it launched, a new Ethereum decentralized finance protocol called Yam Finance has received deposits of over $400 million worth of altcoins like Wrapped Ethereum and Yearn. finance. дальше »

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$400 Million Yam Project Implodes after Smart Contract Vulnerability

A high-flying crypto project denoted by a sweet potato emoji was stopped “dead” in its tracks Thursday after a smart contract vulnerability was discovered hours before a “rebasing. ” Yam Falls Prey to Poor Smart Contracts Crypto is the roller-coaster that never fails to give. дальше »

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YAM Finance потерял 99% капитализации — проект перезапустят на новом контракте

Несмотря на то, что протокол не прошел аудит безопасности, пользователи внесли в его пулы $600 млн. Утром в коде проекта был обнаружен баг, который не дает держателям токенов управлять протоколом. дальше »

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Рыночная капитализация DeFi-проекта YAM обвалилась с $60 млн до нуля за 35 минут

Капитализация двухдневного DeFi-проекта YAM испарилась менее чем за час, поскольку попытки разработчиков исправить критическую ошибку в коде контракта завершилась неудачей. Об этом сообщает Coindesk. дальше »

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YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero

Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter. дальше »

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Цена экспериментального DeFi-протокола Yam с активами на $600 млн обрушилась на 99%

Причиной стала обнаруженная уязвимость в системе управления протоколом. В среду, 12 августа, рыночная стоимость YAM превысила $167. После этого всего за нескольких часов курс опустился до $87, а под конец дня — ниже $13. дальше »

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Токен DeFi-протокола Yam с активами на $600 млн обвалился за сутки на 99%

Цена токена экспериментального DeFi-протокола Yam обвалилась на 99% за сутки. Причиной стала обнаруженная уязвимость в системе управления протоколом. В среду, 12 августа, рыночная стоимость YAM превысила $167. дальше »

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Rebase Bug Permanently Breaks Yam Governance

Unaudited contracts resulted in its death after all.

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The Yam Finance DeFi Experiment Comes to a Grinding Halt

A critical bug in Yam Finance led to the publication of an emergency warning, a request by the developers to “Save YAM.” The Yam Medium post reads: “We believe that... дальше »

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Whales Attempt to Rescue Yam From Code Flaw Governance Dilemma

Yam Finance is the hottest trend in DeFi at the moment, but a technical flaw in its code was discovered just a day after it started distributing tokens. Prominent members of the crypto community had already labeled it as a scam and warnings had been posted, however, it was seemingly rescued at the last minute. дальше »

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Down to the Wire: Yam Finance Saved at the Last Minute

Catastrophe has been narrowly averted by YAM Finance after the DeFi community rallied in support of a campaign to recapture governance over the protocol. дальше »

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Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short

A Yam Finance code flaw saw the project ask investors to pledge to save the platform. Not enough have.

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This Potato-Themed DeFi Protocol is Sending Shockwaves Throughout the Crypto Market

Crypto Twitter has been captivated by a newly launched protocol called YAM that is structurally similar to Ampleforth – in terms of its regular rebasing – with the same “meme potential” as other popular DeFi tokens like YFI. дальше »

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Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug

A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. дальше »

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Deposits in ‘Monetary Experiment’ Meme Token YAM Break $460M

YAM, DeFi’s latest farm-fresh product, has never been audited. Yet, that’s not holding back traders from pumping the token’s price to a high of $138 since it launched Tuesday. дальше »

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Another Unaudited ‘Zero Value’ Farming Token is Taking the DeFi World by Storm & Coins Flying

On Tuesday, a new DeFi project for yield farming was launched called Yam. Within a few hours of its launch, the unaudited project saw a whopping $250 million locked in it. Temporarily it even hit a $325 million nominal fully diluted market cap. дальше »

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Ethereum Gas Fees Touch 200 Gwei as DeFiers Farm YAM

Transactions fees on Ethereum crossed 200 gwei today, posing a real threat to the mass adoption of DeFi. Previous moves to increase the gas limits did nothing but enrich the... дальше »

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Compound Rallies 35% Following YAM Farming Launch; Time for Caution?

COMP, the native token of Ethereum-based lending platform Compound, blasted through the roof on increasing bids for decentralized finance (DeFi) assets. The latest wave of buying sentiment in the DeFi market followed the launch of Yam Finance. дальше »

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What is Yam? The YFI-AMPL clone with lures of 10,000% returns

Yam, a new DeFi project put together in ten days with no audit, guaranteed risks, and never-seen-before returns locked upwards of $180 million hours after launch on August 11. The post What is Yam? The YFI-AMPL clone with lures of 10,000% returns appeared first on CryptoSlate. дальше »

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DeFi Farmers Rush to Yam and Serum for Explosive Yields

It seems that not a day goes by without another yield farming opportunity or DEX token hitting the DeFi scene. Today is no different, as offerings from Serum and Yam Finance are already making big moves. дальше »

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Криптофермеры выбрали для заработка не прошедший аудит DeFi-проект

Новой «жертвой» приверженцев доходного фермерства стал стартап YAM. дальше »

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«Экспериментальный» DeFi-проект собрал $76 млн за час после запуска

Не прошедший аудит и позиционирующийся как экспериментальный DeFi-протокол Yam вызвал ажиотажный спрос среди «доходных фермеров». По оценкам The Block, спустя час после начала функционирования объем заблокированных средств в пулах ликвидности проекта достиг $76 млн. дальше »

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No Audits, No Problem: DeFi Stablecoin YAM Attracts Over $100 Million

The DeFi craze continues despite a slight dip across the cryptocurrency market. The YAM algorithmic stablecoin is the latest fad, quickly attracting millions of dollars from liquidity miners. Stablecoin Worth... дальше »

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Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?

Yam Finance claims to bring fairness to farming with new elastic supply token.

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Основатель российской майнинг-компании погиб в аварии

В ночь на 8 июля в результате аварии на Фрунзенской набережной в Москве погиб 25-летний Александр Маругов, один из основателей компании Yam Mining, занимающейся сборкой и обслуживанием майнинг-ферм. Об этом сообщают «Известия». дальше »

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Early Crypto Adopter Brock Pierce: “Most People Cannot Even Comprehend What I’m Doing”

Having started his career as a child actor, Brock Pierce, has now turned into a crypto savant whose advice is taken seriously by altcoin enthusiasts across the globe. Recently, while talking with BreakerMag’s Mark Yam, Pierce opened up about the various phases of his adventurous life including how he got into the crazy world of […] дальше »

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