Browsing: DeFi
Phoenix Finance Partners With ENI To Advance RWA Yield Stablecoin Trading With Scalable, Cross-Chain Executions
By NBTC
As part of efforts to advance decentralized network execution and cross-chain transfers, Phoenix Finance, a stablecoin-focused DeFi protocol, today entered…
The same architectural openness that turned a forged cross-chain message at Kelp DAO’s bridge into hundreds of millions of bad…
Multichainz Integrates CHAINZ Token On Fjord Foundry’s Launchpad To Drive RWA Lending Opportunities To Web3 Communities
By NBTC
As part of efforts to advance its network accessibility to Web3 communities, Multichainz, an omnichain credit protocol, today announced the…
The Solana ecosystem suffers a liquidity crisis after the security breach at KelpDAO on April 20, draining $USDC reserves. Leading…
The $292 million exploit of Kelp DAO has set off a wave of reactions across the crypto industry, with developers…
There Are Claims That the Aave and KelpDAO Incident Is Worse Than It Seems, So Don’t Let Your Guard Down
By NBTC
As pressure on DeFi markets intensifies following the KelpDAO-related exploit crisis, leading industry commentator 0xQuit has issued a noteworthy warning.…
The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause…
The DeFi community is divided in how they perceived Marc Zeller’s message when eh wrote, “If you have WETH on…
A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized finance (DeFi) infrastructure…
Aave had an especially steep drop in the past 24 hours, down 11% to trade at $90.25. That decline was…