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Messari Reveals 1inch Network’s Unrivaled Volume Dominance in DeFi

SNEAK PEEK 1inch Network dominates DeFi with a 59% volume share in Q1. 1inch Network's adaptability secures its position in DeFi. Arbitrum emerged as the second most...

Safemoon Offers 20% Bounty to Hackers to Return Stolen Funds

SNEAK PEEK Safemoon agreed to a 20% bounty for stolen funds return. The hacker exploited a vulnerability in smart contracts. Safemoon decided not to file a lawsuit...

Successful Recovery: Sentiment DeFi Platform Retrieves 100% of Stolen Assets

SNEAK PEEK An anonymous hacker exploited the Sentiment protocol to extract funds from the DeFi platform Sentiment. The hacker manipulated the pricing of an oracle for...

Cake DeFi CEO Julian Hosp on Why DFI is Underperforming vs Bitcoin

SNEAK PEEK The price of DeFiChain's native token, DFI, has been underperforming against Bitcoin (BTC). Dr Julian Hosp, CEO of Cake, dismissed specific explanations for DFI's...

Sentiment Exploiter Makes Amends: Returns Majority of Stolen Funds to Team Control

SNEAK PEEK Sentiment Exploiter returned the majority of stolen funds from Sentiment. The funds are managed with a 2-3 multisig to prevent further breaches and ensure...

Another DeFi attack! DeFi lending platform Sentiment lost over $1 million in attack

SNEAK PEEK Sentiment has lost over $1 million in a decentralized finance reentrancy attack on April 4. A fix has been issued by the team who...

Euler Finance Exploit Rocks the DeFi World, Resulting in $197M in Estimated Losses

SNEAK PEEK The Euler Finance hack resulted in an estimated loss of $197M, with the exploiter returning a significant amount of funds but transferring some...

Friendsies’s $5.3m Conundrum: A Cautionary Tale of DeFi Investing

SNEAK PEEK: Friendsies.ai project experienced a $5.3m rug pull, leaving investors in the dark. The project's developers cited market volatility as the cause and temporarily paused...

dForce Loses $3.65M to an Exploiter on Arbitrum and Optimism

SNEAK PEAKS: dForce Network has lost a whopping $3.65 Million to an exploiter. The scam was allegedly done by the exploiter on Arbitrum and Optimism. The scammed...

What is DeFi? Why is it the need of the hour?

Decentralized finance, or DeFi, is defined as an evolving paradigm to arrange and allow transactions related to cryptocurrency, financial services, and exchanges.   In DeFi, the...

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