‘Soft rugs’ (‘Rug Pull’)— An increasing threat to DeFi.
One of the latest trends in the DeFi ecosystem is developers dumping their token and running off with the proceeds generated. A number of projects under the DeFi project have been rug pulled. For some time, the DeFi ecosystem has been plagued by a variety of well-known scams and frauds, with some other emerging in […]
Impossible Finance loses $500k due to DeFi hacks on Binance Smart Chain
The newest DeFi exploit cost Impossible Finance $500,000 in losses. In a flash loan attack, Impossible Finance, a decentralized finance (DeFi) system on the Binance Smart Chain, was attacked for $500,000. A flash loan attack is a form of DeFi exploit in which hackers take an uncollateralized loan from a lending protocol and manipulate the market in their favor through a series of technological […]
Green Shiba Inu token Offers Dual Yield to Users
The Green Shiba Inu is built on the Binance Smart Chain (BSC) network, consumes practically no energy, environmentally friendly and is deflationary in nature. Blockchain and cryptocurrency ecosystems often inject new trends from time to time. Although the trend of previous years was proposed in 2021, including decentralized finance (DeFi) and non-fungible token (NFT) niche […]
What you should know about Instadapp token
Instadapp is a token built on the Ethereum blockchain and it is a mission-critical piece of DeFi infrastructure listed on coinmarketcap. Instadapp was created three years ago with the goal of making DeFi more accessible and user-friendly. Since then, Instadapp has become a mission-critical part of the DeFi infrastructure and has achieved the following milestones: […]
Dogecoin: Should We ‘Dismiss a good meme’?
Dogecoin is one of the 5350 cryptocurrencies listed on Coinmarketcap. There was only Bitcoin nine years ago After which came alts, and then ICOs. NFTs and DeFi have seen a huge bang in growth in the last year in particular. Although there are so many on CMC, will each of these chips survive over the […]