Following the launch of ETH2 Internet Bonds a few months ago, StakeFi, Ankr’s Internet Bond launchpad, has announced the launch of the Avalanche Bond (aAVAXb), wrapped under an ERC-20 token. StakeFi will enable any user holding AVAX tokens on the Avalanche network to stake and receive the AVAX Internet Bond (aAVAXb) in exchange, either on […]

The post Ankr’s StakeFi launches Avalanche (AVAX) Staking and Bonds appeared first on CryptoNinjas.

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Continue reading Balanced DeFi Platform Releases Price Charts, Stats Page and the First DAO at E-Crypto News.

Polygon-based DeFi protocol SafeDollar fell to $0 after attackers exploited an infinite mint vulnerability.

THORSwap has announced via Twitter on June 28, that THORChain synthetics is now live on its testnet. The team says users will be able to mint, redeem and swap regular tokens for synthetic assets, transfer Synths to THORChain wallets, and more. THORChain Synthetics Launched Building on its previous partnership with Synthetix, a decentralized finance (DeFi)Read More

The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization.

Polygon-based defi project Safedollar became the latest victim of an exploit earlier today as hackers managed to exploit a security vulnerability in the algorithmic stablecoin’s liquidity pool. The security breach crashed the price of the defi protocol to zero. Hackers managed to initiate an infinite mint and drained $250,000 worth of stablecoins from the liquidity

The post Polygon Based Defi Protocol Becomes Latest Victim of Exploit, Price Crashes to Zero appeared first on Coingape.

The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be an exploit today.

The post SafeDollar ‘stablecoin’ drops to $0 following $248,000 DeFi exploit on Polygon appeared first on CryptoSlate.

South Korean blockchain platform ICON is making progress with its Balanced decentralized finance (DeFi) protocol which has just been upgraded.

The post ICON Balanced DeFi Protocol Votes For $1M Fee Distribution appeared first on BeInCrypto.

In an update titled Geometry Release, Balanced has published price charts, a statistics page, its transaction history and disclosed its first DAO vote.

Compound (COMP) Price Prediction 2021-2025. The DeFi token COMP may surpass $1000 by 2021 if adoption continues to increase.