DeFi News

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Security – The Giant Problem DeFi Doesn’t Want To Talk About

The DeFi ecosystem lost $1.22 billion dollars to hackers in the first three months of 2022 – a massive sum that threatens the sector’s very existence.   Decentralized Finance protocols are harder to run than they look. There are multiple points of failure for platforms including smart contract exploits, flash loan attacks, and rug pulls by …

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Rocifi Banner

RociFi Raises $2.7M In Seed Funding To Lend Money To Anonymous DeFi Users

RociFi, a decentralized zero and under-collateralized lending protocol, has announced completing a seed funding round of $2.7 million USD (closed in November 2021) from Arrington, Goldentree, Nexo, LD Capital and Skynet Trading. RociFi’s decentralized lending protocol is designed to facilitate zero and under-collateralized loans for institutional and retail DeFi borrowers. RociFi has developed a protocol …

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What Is Fireblocks

What Is Fireblocks?

Fireblocks is fast becoming a dominant provider in the cryptocurrency custody and insurance space. This article investigates the company and reveals how it differs from other providers like BitGo. Since 2009, Bitcoin has been helping individuals and organizations around the world exchange value with each other in a decentralized and permissionless manner. Bitcoin and other …

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Cake DeFi Report Banner

Cake DeFi Report Reveals Challenges & Opportunities

According to its latest ‘Transparency Report’ the Cake DeFi platform experienced macro challenges to its growth this year, as it plans its expansion into tokenized stocks, commodities, and precious metal offerings in the near term. Since its 2019 launch, Singapore based Cake DeFi says it has grown to over 270,000 users and has over $700 …

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Coinbase Wallet Extension Article-min

Install the Coinbase Wallet Chrome Extension – Video Guide

The Coinbase Wallet Chrome extension opens up DeFi to millions of Coinbase users. This article and video explains how to install and use the Coinbase Chrome extension. The Coinbase Wallet Chrome extension gives the exchange giant’s account holders easy access to a broad range of crypto-finance DeFi solutions and platforms like Compound, DyDx and Uniswap – …

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COMP bug

Compound Contract Bug – $62 M of Comp Still Missing

San Francisco based DeFi platform Compound has revealed around $62 million worth of its COMP tokens have not been returned after a flawed smart contract update on September 29th allowed many users to help themselves to the platform’s native token. The bug in the Comptroller contract was introduced on September 29th when the Proposal 62 …

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