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DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack
protocol

DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

Yearn.Finance decentralized finance protocol suffered a $2.8 million loss after a flash loan attack, a scheme frequently seen in the fast-rising DeFi sector.

Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network
protocol

Ethereum Continues to Grow with the Majority of Stablecoin Projects Leveraging its Network

Ryan Watkins, a researcher at Messari, believes that the numerous stablecoin protocol experiments on the Ethereum network are impressive.

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions
protocol

KPMG Launches Patent Pending Crypto Analytics Suite KPMG Chain Fusion for Institutions

KPMG has announced its launch of KPMG Chain Fusion, its patent-pending crypto analytics platform to streamline crypto-related services for financial services and FinTech companies.

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT
protocol

Blockchain-Focused Fund COSIMO X Acquires Seven-Figure Funding from RIT

COSIMO Ventures, an investment firm situated in Boston and Dublin, recently announced that the Rochester Institute of Technology (RIT) has endorsed them with a seven-figure investment.

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System
protocol

Ripple CEO Reveals Missing Key Factor for Crypto and XRP to Be the Infrastructure of the Next Global Financial System

Ripple CEO Brad Garlinghouse explained what was crucial in the cryptocurrency sector for it to be revamped and integrated into the next global financial system.

Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High
protocol

Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High

The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.

Cardano’s Shelley Hard Fork Successful, Network on its Way to Become the World’s Financial Operating System
protocol

Cardano’s Shelley Hard Fork Successful, Network on its Way to Become the World’s Financial Operating System

Cardano’s second developmental phase, Shelley has been successfully launched, the hard fork was successful in transforming Cardano into the Shelley era from Byron.The hard fork took Cardano from its Byron era to Shelley, to enable the network to become more decentralized and autonomous.

Are Ethereum Nodes Ready for a New Hard Fork on New Year’s Day?
protocol

Are Ethereum Nodes Ready for a New Hard Fork on New Year’s Day?

The Ethereum network is expected to undergo a scheduled upgrade, named Muir Glacier at block number 9,200,000, predicted to occur on New Year’s Day 2020.

Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?
protocol

Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?

Yearn.finance, a decentralized finance (DeFi) protocol, has recently launched yETH vault, enabling the process of seeking the best returns for yield farmers

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked
protocol

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked

The continuous rise and the unending support for the decentralized finance (DeFi) industry has resulted in a total of $11 billion in total value locked.

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High
protocol

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.

DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%
protocol

DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%

The DeFi sector has attracted millions to billions of dollars worth of crypto to the industry, however, some protocols have shown issues.

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