Drift Protocol on Solana loses $280m
On April 1, the DeFi platform Drift Protocol on Solana was hacked. The attacker drained at least $280m.
Drift Protocol on Solana loses $280m
On April 1, the DeFi platform Drift Protocol on Solana was hacked. The attacker drained at least $280m.
Aave Team Launches Fourth Version of Protocol
The developers of the DeFi protocol Aave have launched version V4 of the platform on the Ethereum mainnet.
Aave Founder Predicts Convergence of DeFi and Traditional Finance
Co-founder of Aave Labs, Stani Kulechov, commented on recent governance conflicts within the protocol and shared his views on the future of the DeFi sector.
Aave to Boost Stablecoin Yields by 25%
With the V4 update, the Aave protocol will begin automatically directing unused liquidity into low-risk strategies.
Balancer Labs Announces Closure Amid Financial Struggles
Marcus Hardt, co-founder of Balancer Labs, announced the closure of the company due to financial difficulties following the November hack of $128 million.
OP_NET Team to Launch Smart Contracts on Bitcoin Network
On March 19, the OP_NET protocol will be activated on the Bitcoin network. This will enable the use of smart contracts and DeFi tools directly at the base level of the first cryptocurrency.
$50 Million Loss: Aave Blames User, CoW Swap Cites Algorithm Failure
The projects Aave and CoW Swap have offered differing accounts of an incident in which a user lost over $50 million during a token exchange.
Venus Protocol Loses $2 Million Due to Token THE Manipulation
On March 15, the lending platform Venus Protocol on BNB Chain was subjected to a hacker attack. The target of the perpetrator was the token THE from the DeFi project Thena.
Investor Loses $50 Million in Token Swap on Aave
An unidentified investor attempted to exchange 50.43 million USDT for AAVE via CoW Protocol and SushiSwap. Ultimately, they received only 327 tokens valued at approximately $36,000.
Aave Becomes First DeFi Platform to Issue $1 Trillion in Loans
The total volume of loans on the DeFi platform Aave has surpassed $1 trillion, marking the first time a project in the decentralized finance industry has reached this milestone.We use cookies to improve the quality of our service.
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