Key Takeaways Sushi has risen 17% amid rumors of an internal restructure. Daniele Sestagalli, a DeFi developer known for spearheading the “DeFi 2.0” wave, is rumored to be joining the…
DeFi
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- All Alt Coin
More than just a game – what GameFi overtaking DeFi means for crypto in 2022
by Mikiby MikiAs crypto assets like Bitcoin, alt coins, and NFTs took off, there was a tendency to sideline GameFi. After all, kitties and Axies look like entertainment at first glance, rather…
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Bitcoin’s most recent consolidation around the $50K mark gave way to the rise of altcoins as the larger market noted gains. The highest market gainers, however, over the last week,…
- All Alt Coin
Terra (LUNA) Hits $20B of Total Value Locked, Becoming Second-Biggest DeFi Network
by Mikiby MikiSince December 1, Terra’s TVL increased by 68%, hitting an all-time high of $20.05 billion. As a result, Terra is currently the second-largest DeFi player on the crypto market. It follows…
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Key Takeaways An unknown hacker has stolen $30 million from the Fantom-based DeFi project Grim Finance. The hacker exploited a reentrancy bug in the project’s smart contracts. Following the attack,…
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As per the details, the hackers managed to exploit Grim Finance’s vault contract via five reentrancy loops. Following it, Grim Finance paused all vaults immediately to prevent fund transfers to…
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Alongside the new indexes that Cook Finance launched on Avalanche, a new feature dubbed Issue with Single Token has also been added. Cook Finance, a Decentralized Finance (DeFi) platform unveiled…
- Ethereum
‘Vampiric’ Enso Finance aims to leech $1 billion from competing DeFi platforms
by Mikiby MikiSocial trading platform Enso Finance has announced a month-long “vampire attack” on six decentralized finance (DeFi) index projects in a bid to siphon their combined liquidity of nearly $1 billion.…
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Key Takeaways Joseph Delong has left Sushi following internal conflict with other developers. The news comes amid a wave of controversies and several months after co-founder 0xMaki stepped down from…