The “Godfather of DeFi” Andre Cronje has announced that he will be quitting the crypto industry for good, leaving 25 apps to an insecure fate.  Andre Cronje is the Godfather of DeFi. He & his partner are leaving the DeFi space and will be shutting down several of their projects. Rugpull? WTF happened? Here are […]

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Terra Becomes Second-Largest DeFi Network | Shake Shack Trials Offering Bitcoin Rewards Using Cash App | Dozens of Tokens Plunge After Prolific Developer Announces Departure

DeFi 1.0 blue chips such as Uniswap are as influential as ever but their tokens are fading as a new breed emerges.

Yearn Finance got deployed to Ethereum’s L2 arbitrum and is now officially live so let’s find out more in today’s latest Ethereum news. YEarn Fiannce is a Defi protocol that provides yield farming, lending aggregation, and many other services. Today, it launched on another blockchain, the well-known Arbitrum. Arbitrum is the largest Ethereum layer 2 […]

Hong Kong, Hong Kong, 21st February, 2022, Chainwire Hong Kong February 21st, 2022 — The Tempus protocol, a

The post Tempus Deploys on Fantom to Bring 10%+ APY Fixed Yields appeared first on Crypto-News.net.

The DeFi sector has experienced explosive growth over the past year, with an increasing amount of TVL being locked into its protocols. However, there are still all sorts of issues associated with capital inefficiencies in DeFi, which do pose quite an obstacle to its further adoption. To that end, there has emerged  a new community-led [...]

The post CHFRY Finance Launch: Cheapest 100% Decentralized Leverage Trading Platform appeared first on Blockonomi.

Fantom (FTM) ranks fourth among the largest blockchains in decentralised finance (DeFi) by total…

The post Fantom (FTM) is a massively undervalued ‘multi-billion-dollar L1’ project, says analyst appeared first on Coin Journal.

It’s fair to say that crypto has brought us many surprises over the last year. Many expected DeFi to go mainstream in 2021, and while major corporations and institutions started to take an interest in Ethereum and the DeFi ecosystem running on top of it, there’s little doubt that NFTs stole the spotlight. In fact, […]

The post DeFi – Reflections on 2021 and the Road Ahead appeared first on The Daily Hodl.

The minds behind Yearn Finance and Wonderland have rolled out their next project, an AMM built on Fantom with unique tokenomics—and NFTs.

A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The […]

Two DeFi trailblazers have joined up to create a new project called Solid Swap.

Immunefi, the leading bug bounty and security services platform for DeFi protecting over $100 billion in users' funds, has announced that it has acquired smart contract security firm Klevoya for the purposes of expanding its security products and services team. 

Klevoya has created tools which help developers improve the quality and security of their smart contracts through a combination of an intuitive test framework, a blockchain execution engine and a security analysis platform. Their products have been used by over 30 projects in the NFT and DeFi spaces. Klevoya built out the first WebAssembly smart contract security toolset, and the team received over $250k in developer grants to research automated smart contract security solutions. At Immunefi, the Klevoya team will work on providing superior security products to the Web3 space. 

Immunefi is the leading bug bounty platform for smart contracts and crypto projects. It enables security researchers to review code, disclose vulnerabilities, and get paid doing so, and allows companies to secure their projects with top security talent. Its services are used by leading projects in DeFi, including Arbitrum, TheGraph, Polygon, Yearn Finance, PancakeSwap, and SushiSwap. On Immunefi, $60 million dollars in rewards are available for hackers to claim. 

“The Klevoya team has extensive experience building vulnerability scanning and prediction tooling and has built software for the most threatening and dangerous operational environments”, said Mitchell Amador, founder and CEO of Immunefi. “Bringing Klevoya onboard is a tremendous value-add to the Immunefi team and will allow us to expand and accelerate our delivery of security products to DeFi protocols”.

“Immunefi is the leading team in the DeFi security space and at the absolute cutting edge of cybersecurity”, said Moti Tabulo, CEO of Klevoya. “We're ecstatic to join Immunefi and look forward to releasing innovative products and services to keep DeFi safe”. 

About Immunefi

Immunefi is the leading bug bounty and security services platform for DeFi, which features the world's largest bounties. Immunefi guards over $100 billion in user funds across projects like Synthetix, Chainlink, SushiSwap, PancakeSwap, Bancor, Cream Finance, Compound, Alchemix, Nexus Mutual, and others. The company has paid out the most significant bug bounties in the software industry, amounting to over $7.5 million, and has pioneered the scaling DeFi bug bounties standard. For more information, please visit https://immunefi.com.