Li.Fi, a popular cross-chain DeFi protocol, has been hit by a security exploit resulting in the loss of over $10 million in cryptocurrencies. The incident is a stark reminder of the ongoing security challenges faced by DeFi platforms. What Happened? On July 16th, a vulnerability in Li.Fi’s ...
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On July 16, 2024, the cross-chain DeFi protocol Li.Fi experienced a significant security breach, resulting in the loss of approximately $11 million in cryptocurrencies. The hack targeted users who had set infinite approvals on their accounts, allowing a malicious smart contract to drain their ...
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Tokenized US Treasuries are gaining traction in the DeFi space, with analysts predicting a market cap exceeding $3 billion by year-end. This growth is driven by DeFi projects seeking diversification and stability, particularly in light of high interest rates. DeFi Adoption Fuels Growth DeFi ...
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The crypto market is experiencing some turbulence, with prices down due to Bitcoin's recent dip. However, amidst the downturn, there's a sense of anticipation. Many altcoins are still at low prices, suggesting they could be primed for a boom. CYBRO Presale: Next Gen DeFi One new presale ...
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A wave of coordinated DNS hijacking attacks has targeted decentralized finance (DeFi) cryptocurrency domains using the Squarespace registrar. These attacks redirect visitors to phishing sites designed to steal cryptocurrency and NFTs from connected wallets. How It Works DNS hijacking occurs when ...
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The cryptocurrency market is always evolving, and 2024 is shaping up to be an exciting year for investors. While older coins like Litecoin and Polygon have the potential for growth, new projects with innovative features are attracting considerable attention. Investing in Established Coins ...
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Safuu, a well-known player in the decentralized finance (DeFi) space, has announced the launch of Safuu 2.0, an upgrade to its original protocol. This new version aims to build upon the success of Safuu 1.0 by introducing improved features and enhanced earning opportunities. ## What's New with ...
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