2020-7-9 13:15 |
The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth.
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Zunami Protocol, a rising player in the decentralized finance (DeFi) landscape, has become the latest victim of a significant security breach. On Sunday, the DeFi platform confirmed that its liquidity pool on Curve Finance had been targeted by attackers, resulting in a substantial loss exceeding $2 million.
2023-8-14 18:00 | |
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Despite ongoing growth in the DeFi industry, security concerns remain in place today. Balancer, a project gained traction last week, has gone through a security incident over the weekend. Balancer is one of the DeFi projects gaining a lot of attention lately.
2020-6-30 19:35 | |
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San Francisco-based Hex Capital reported that “User funds being drained due to unauthenticated safeTransferFrom() function on their new BancorNetwork contract. ” Bancor then tried to “white-hat” drain user funds but were too late.
2020-6-18 19:33 | |
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DeFiner. org, a platform for digital savings, loans, and payments, has announced the integration of its decentralized finance (DeFi) network with Conflux Network, a next-generation blockchain protocol ensuring scalability, security, and extensibility.
2020-6-11 21:29 | |
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Decentralized Finance [DeFi] has been a hotspot for a lot of innovation in the recent past. However, the DeFi ecosystem has had to endure quite a few attacks lately, and issues pertaining to its securThe post For DeFi's security woes, is centralization even an option? appeared first on AMBCrypto.
2020-5-9 21:45 | |
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HTC has announced upgrades to its EXODUS blockchain smartphone to improve users’ experience. This includes SegWit and decentralized finance (DeFi) integration, as well as Stellar memo support to improve security and increase transaction speed.
2020-5-2 17:15 | |
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The DeFi ecosystem is getting a lot of attention by cryptocurrency enthusiasts. However, some new research has come to light regarding potential security issues. It is always crucial to keep an eye on security concerns raised by experts.
2020-3-25 06:00 | |
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The security platform for institutional digital assets Fireblocks has made the announcement that it’s integrating the decentralized finance (DeFi) platform for lending Compound, which is the second Ethereum (ETH) application in the world.
2020-3-18 23:25 | |
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Fireblocks, a digital asset security platform, today announced that it has integrated Compound, a decentralized finance (DeFi) lending platform with $163M in interest-earning assets across 8 markets.
2020-3-18 17:34 | |
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Digital asset security platform Fireblocks has partnered with Compound to be a branch for institutional players to put assets on the network
2020-3-17 16:45 | |
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Experts at London Blockchain Week say security is DeFi’s greatest challenge: “We used to have nerds attacking the system, now we have nerds with money”
2020-3-13 15:31 | |
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A recent smart contract exploit resulted in the loss of 1,193 ETH. The incident has prompted questioning of the security of the rapidly evolving DeFi sector. Over the weekend, the exploitation of a smart contract vulnerability forced developers at Ethereum-based app Fulcrum to partially disable its smart contract.
2020-2-23 19:10 | |
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The recent bZx exploit has the DeFi community searching for answers in the midst of a security crisis. Insurance is an efficient way to protect oneself against risk, and DeFi...The post Since bZx Exploit, Enthusiasts Flock to DeFi Insurance appeared first on Crypto Briefing.
2020-2-18 18:20 | |
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The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ.
2020-2-16 06:00 | |
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Opyn, a new DeFi product, has introduced an options-based insurance market for investors to hedge against black swan events and insure their Compound deposits. By leveraging options, the insurance mechanism...The post Amid DeFi Security Concerns, Opyn May Have an Answer appeared first on Crypto Briefing.
2020-2-13 11:24 | |
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Lending and borrowing crypto, a subset of DeFi applications, has quickly boomed into an almost billion-dollar industry. But does it pose a threat to Proof of Stake networks? The DeFi landscape includes lending protocols, security tokens, derivatives, and exchanges, and threatens to usurp traditional financial models into trustless protocols that leverage decentralized networks.
2019-12-9 22:25 | |
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Decentralized finance, popularly known as DeFi, has been one of the greatest use cases of the Ethereum network. With most of the DeFi applications developed on the Ethereum blockchain, DeFi has a totaThe post Ethereum's Buterin addresses potential threat to PoS security via DeFi appeared first on AMBCrypto.
2019-12-4 12:30 | |
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A security token offering for the Nervos Network could help a prominent Chinese bank tap into the DeFi ecosystem.
2019-10-8 17:00 | |
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Decentralized finance (DeFi): The industry of financial services built on the blockchain for the purpose of removing consumers’ dependency on the banking system, enhancing financial security, and expanding consumers’ financial capabilities.
2019-3-28 18:00 | |
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DeFi services have the potential to make managing finances easier than ever before: We’ve entered the era of programmable financial instruments. DeFi promises us complete control over our funds, stronger security infrastructure, seamless payment functionality, and investment options previously only […] The post The Biggest Barrier to Building in DeFi appeared first on CoinMarketCap.
2019-3-25 18:00 | |
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As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.
2019-3-20 18:42 | |
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If the crypto community can successfully decentralize the internet, “it’s a future really worth getting excited about,” said NFT3 founder Dylan Dewdney.
“You buy a ticket to an event, and you’re already part of a DAO and an owner of an NFT, with no necessity to do your homework,” said BlockShow CEO Addy Crezee.
New technology also means new responsibilities. Security is key in the digital age.
Economic historian Barry Eichengreen believes that stablecoins are either too fragile, or too expensive, to emerge as a dominant monetary form.
Smart contracts in the trade sector will need to rely on IoT sensors to live up to their full potential new research suggests.
Chainlink CEO Sergey Nazarov and Interwork Alliance President Ron Resnick are optimistic that enterprise adoption is speeding up.