Decentralized lending and borrowing redefine financial services, offering users access to loans and credit without traditional intermediaries, through blockchain technology.
Lending
Decentralized lending and borrowing redefine financial services, offering users access to loans and credit without traditional intermediaries, through blockchain technology.
Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?
A number of high-profile crypto figures have stepped in to buy Curve.fi founder Michael Egorov’s CRV tokens at a discount, to avoid the potential liquidation of $100 million worth of DeFi loans secured against them.
A number of high-profile crypto figures have stepped in to buy Curve.fi founder Michael Egorov’s CRV tokens at a discount, to avoid the potential liquidation of $100 million worth of DeFi loans secured against them.
Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?
Multi-chain lending protocol Hundred Finance has been hacked. The hacker drained the protocol by manipulating the loan-to-collateral security mechanism.
Around $140 million worth of wrapped ether, stolen last year in a hack on the Wormhole token bridge, has been recovered using a counter-exploit on the Oasis.app vault in which it was being held. A UK court ordered Oasis to carry out the recovery action.
On March 13th, 2023, the cryptocurrency experienced market turbulence after a hacker made a record-breaking $197 million by exploiting the Euler Finance protocol using flash loans.