Tag: DeFi

Recounting 2021’s biggest DeFi hacking incidents

[ad_1] Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 million in excess COMP tokens were wrongly distributed to users.  Yet, an extra $65...
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Dog-Themed DeFi Project Mysteriously Loses Fundraised $60 Million

[ad_1] A DeFi project that launched on Thursday had raised $60 million overnight during its token sale. However, the funds seem to have disappeared, and no one is sure exactly how. On Friday, investors woke up to the shocking news that their funds had disappeared. Around 13,556.36 ETH, which...
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MRHB DeFi Receives Strategic Investment from Mozaic, New World Group’s Technology Investment Arm | by Bit Media Buzz | Oct, 2021

[ad_1] Mozaic focuses on investing in innovative tech companies seeking to re-invent their industry ecosystems — across emerging, growth and mature markets. London, United Kingdom — Oct 14th, 2021 — Community-focused DeFi platform MRHB DeFi has received a strategic investment from London-based investment platform Mozaic to support its transformative...
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Why It Doesn’t Make Sense to Compare Lightning to DeFi

[ad_1] October 8, 2021by Laura Shin Ryan Gentry, business development lead at Lightning Labs, discusses the latest updates on the Lightning Network, the layer 2 solution for Bitcoin. Highlights: how Lightning Network is bringing Bitcoin to the masses through partnerships with Twitter, Substack, and Paxful what the significance of...
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NewTribe Capital Invests in MRHB DeFi | by Bit Media Buzz | Sep, 2021

[ad_1] Melbourne, Australia, Sep 29, 2021 — NewTribe Capital, a Venture Capital Private Equity Group has made a strategic investment in MRHB DeFi, the world’s first halal decentralized finance (DeFi) ecosystem. This marks the seventh institutional investment in the DeFi ecosystem startup, following strategic investments from DeFi Mutual Fund...
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How Avalanche is reimagining DeFi

[ad_1] It’s not the first time that the native token of the Avalanche blockchain has encountered wild fluctuations. In February, AVAX shot as high as $60 only to reach a nadir in June–July. But after bottoming at $9.34, AVAX is now beyond $60 and is currently trading at $76....
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