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Tag: DeFi News

DeFi Bridge Warmhole Restores $320 Million Worth of Stolen Funds, Here’s What Unfloded

Earlier on Wednesday, February 2, DeFi bridge protocol Warmhole announced that the platform was hacked as hackers managed to steal a staggering 120 wETH worth $320 million. Warmhole is a DeFi blockchain bridge between Ethereum and Solana allowing users to swap SOL for other cryptocurrencies. However, the firm’s leaders have said that they have restored

The post DeFi Bridge Warmhole Restores $320 Million Worth of Stolen Funds, Here’s What Unfloded appeared first on CoinGape.

Breaking: Ethereum-Solana Bridge Warmhole Exploited In A Massive $300 Million Hack

On Wednesday, February 2, one of the most popular crypto bridge networks connecting the Ethereum and the Solana blockchains has faced a massive hack of a staggering $320 million. Warmhole has appraised this event on its Twitter handle stating that the hackers managed to steal a staggering 120K wETH or wrapped Ether. The official announcement

The post Breaking: Ethereum-Solana Bridge Warmhole Exploited In A Massive $300 Million Hack appeared first on CoinGape.

Flint Debuts High Annual Crypto Returns on Solana With No Volatility

Flint Debuts HighFlint announces it will enter its beta stage. This will enable anyone easily access passive returns on its stablecoins. Flint ...

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Dimitra $DMTR Enables Agri-Lending With A CeDeFi Approach

Belize City, Belize — Decentralized finance (DeFi) has upended traditional finance models across all industries. Dimitra, a leader in agritech and blockchain, has developed a novel and new approach to lending for farmers across the globe. With this new initiative, Dimitra’s token holders also stand to benefit from increased utilization of the Dimitra token across […]

The post Dimitra $DMTR Enables Agri-Lending With A CeDeFi Approach appeared first on CryptoCoin.News.

The End Of Wonderland – Protocol To Wind Down Following Close Governance Vote

Daniele Sesta has announced that Wonderland.Money will be dissolved after a governance proposal, calling for an end of the project, got 45% approval. 1/Wonderland experiment is coming to an end. It is clear from the vote that the community is divided. The core and heart of Wonderland is still the community. If we cannot find […]

The post The End Of Wonderland – Protocol To Wind Down Following Close Governance Vote appeared first on CryptoCoin.News.

Memories of 33x Fresh as AstroSwap Launches on Velas Chain

AstroSwapMany projects have claimed to generate a market akin to being the next Bitcoin. AstroSwap is the one platform that ...

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Centrifuge Acquires Polkadot Parachain Slot, Rules DeFi Ecosystem

Centrifuge Acquires Polkadot Parachain SlotCentrifuge won a parachain slot in Polkadot. Centrifuge recorded a TVL amounting to $50 million since its launch. Centrifuge have ...

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Wonderland Co-founder and CFO is Ex-Convict QuadrigaCX Co-founder

Wonderland Co-founder and CFO is Ex-Convict QuadrigaCX Co-founder

Investors lost around $190 million when the exchange went down in 2019. Patryn was sentenced to serve time in the

The post has appeared first on thenewscrypto.com

$1M Grant Given to DeFi Launchpad for Harmony Integration

Harmony IntegrationPoolz Finance has received a $1 million grant from Harmony Network. The grant will be used to help incubated start-ups ...

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Acala Hints Core Products Rollout Following Official Launch on Polkadot

Acala’s core products include a decentralized exchange, an upgraded EVM, and a decentralized stablecoin among others.

Frog Nation CFO 0xSifu Doxxed As QuadrigaCX Co-Founder Michael Patryn

Reportedly, the Frog Nation and Wonderland.Money operative 0xSifu has been identified as one of the co-founders of the fraudulent crypto exchange QuadrigaCX. Patryn served 18 months in prison for identity theft Via Twitter, blockchain investigator @zachxbt reported that he has linked 0xSifu’s identity to that of Michael Patryn. While not explicitly confirming the identity, Frog […]

The post Frog Nation CFO 0xSifu Doxxed As QuadrigaCX Co-Founder Michael Patryn appeared first on CryptoCoin.News.

Web3-Focused Startup Encointer Allotted Common Good Kusama Parachain

Web3-Focused Startup Encointer Allotted Common Good Kusama ParachainEncointer has opened new doors for financial inclusivity in Web3. This new framework allows communities to have their own digital ...

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