The high visibility of DeFi financial ventures has drawn a great deal of attention, including from all manner of scammers.
Over the past year, more than $120 million has been stolen from DeFi networks, of which $45.6 million has been recovered.
One of the ventures, bZx, was robbed twice in February 2020 due to a mistake in a smart contract. The hacker had won 1,200 ETH by hacking.
The largest DeFi card in the world is a $25 million Lendf.me hack. The perpetrator took funds from the network and recovered them.
120 Interactions, 2 today
Alameda Research led a $40 million investment round in Oxygen, a DeFi Prime Brokerage Protocol based in Solana. Alameda Research Read more
The SEC commissioner described the DeFi space as "a work in process" but "alluring." overall. Hester Peirce, U.S. Commissioner. The Read more
The growth of Binance Coin (BNB) has shocked the crypto industry, but has also contributed to the emergence of another Read more
Bitcoin may have captured the spotlight on the crypto market because of its ability to move past previous highs one Read more