Tags : Finance

Market

DeFi Protocols Cream Finance, Alpha Lose $37.5M in Exploit; ‘Prime

Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance were victims of an exploit Saturday morning resulting in a loss of funds totaling $37.5 million, according to transaction details on Etherscan. Two hours later Cream said its contracts were “functioning as normal” and markets had been enabled. Alpha Finance then posted its own announcement, saying […]Read More

Blockchain

DeFi’s Curve Finance Is Branching Out to Polkadot

Curve Finance is making its way to another blockchain – Polkadot. The decentralized finance (DeFi) money market is building a cross-chain implementation to run on the Polkadot parachain Equilibrium. Once implemented, the automated market maker (AMM) will exist on both Ethereum and Polkadot. Curve Finance is one of the largest automated market makers (AMM) on […]Read More

Blockchain

‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in

Bitcoin may be the original cryptocurrency, but that doesn’t mean leading decentralized finance (DeFi) projects aren’t feeling self-confident enough to distinguish themselves from Satoshi’s vision. “Let’s not be Bitcoin. This idea of hard caps for start-ups is very romantic but not necessarily the best execution path for maximal value,” a participant in Yearn’s governance forums, […]Read More