The attack comes as October looks set to be the worst month for exploits and attacks in the history of cryptocurrencies. Source
Polygon-Based DeFi Platform QuickSwap Closes Lending Service Following Exploit
Tag: DeFi
On-Chain Analysis: How to Effectively Manage DeFi Risks
On-Chain Analysis: How to Effectively Manage DeFi Risks Source
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit – Defi Bitcoin News
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year for decentralized finance (defi) hacks as billions have been stolen due to mistakes, flash loans, faulty smart contracts, and unchecked lines of code. On October 24, Quickswap explained that the Market XYZ lending market was compromised for $220,000. “Quickswap Lend is closing,” the team’s Twitter account…
DeFi App Alluo Sponsoring ETH San Francisco, World’s Largest Ethereum Hackathon, Collaboration with Unblock Announced
Place/Date: London, UK – October 24th, 2022 at 3:07 pm UTC · 3 min read Contact: Alluo, Source: Alluo Alluo, the mobile and web app offering FinTech usability powered by an advanced DeFi engine, has announced their participation as a “Pillar” sponsor at the forthcoming ETH San Francisco. ETH San Francisco is the world’s biggest Ethereum Hackathon taking place between the 4th and 6th November, bringing together some of the top minds and industry experts of Web3. As a Pillar sponsor for ETH San Francisco, Alluo will provide considerable support…
CRYPTO 101 FOR BEGINNERS | HOW CRYPTOCURRENCY WORKS | Crypto, Bitcoin, & Blockchain | Crypto 2022
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io HOW does Cryptocurrency work? How can we invest in Cryptocurrency if we don’t understand it? Today, we discuss what crypto, blockchain, and bitcoin is and how we can invest in Cryptocurrency. It seems like a daunting and overwhelming world but in this video, I try to simplify and explain how it works. This is to cover the basics and I will be making more Crypto 101 videos in the future. Sign up to OR with the code ‘ready2adultph’ Dealing with personal finances,…
APTOS AIRDROPS 🎁 Comment s'assurer les futurs airdrops sur la blockchain Aptos Labs ?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🎁💎 Likez et abonnez-vous pour aider la chaîne à grandir ! C’est super motivant. Merci à vous🔥Je vous souhaite un bon visionnage et une excellente semaine 😉 ✅ À ne pas louper 📍 Vidéo masterclass sur Aptos ! 👉🏼 ———————————————————————————– 🔔 Vous pouvez me contacter par 👉 email : tutorizonofficiel@ gmail.com 👉 telegram : ✅ Rejoignez-nous sur : 🔥 YouTube (Abonne-toi 😉) : 🔥 Telegram (Actualité crypto, super intéressant) : 🔥 Chat Telegram (pour parler avec les autres) : 🔥 Twitter :…
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months – Defi Bitcoin News
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down more than 67% lower to today’s $51.72 billion. TVL Dropped More Than 67% in 6 Months, Defi Market Action Remains Vapid for 4 Months Defi action has subsided a great deal in terms of the total value…
What directional liquidity pooling brings to DeFi
Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited assets changes. Directional liquidity pooling is a new method that is different from the traditional system used by DEXs and aims to reduce the risk of impermanent loss for liquidity providers. What is directional liquidity…
Coins to Invest in for Massive Profits in the DeFi Market in 2022: Fantom and Big Eyes Coin
Place/Date: – October 22nd, 2022 at 9:55 am UTC · 3 min read Source: Big Eyes Coin (BIG) Cryptocurrencies and the blockchain business are rapidly rising and causing a seismic shift in the global financial system. Therefore, crypto enthusiasts can choose from a variety of exciting options. But for now, their attention is focused on the up-and-coming cryptocurrency trend known as decentralized finance (DeFi). The emergence of DeFi can be attributed to the growing demand for fresh tools to compare potential financial outcomes. As a result, the banking industry is…
3 reasons why DeFi investors should always look before leaping
Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market. The publication date of the newsletter will remain the same, and the content will still place a heavy emphasis on the technical and fundamental analysis of cryptocurrencies from a more macro perspective in order to identify key shifts in investor sentiment and…