Socket, a protocol in the decentralized finance (DeFi) space, recently encountered a security incident that led to a loss of approximately $3.3 million. The vulnerability stemmed from a call injection attack on the Socket protocol, specifically impacting wallets with infinite approvals to Socket contracts. As a response, all affected contracts […]
Tag: DeFi
Radiant Capital Faces Flash Loan Attack, But Maintains Token Price Stability
Today, reports from BeosinAlert reveal that Radiant Capital fell victim to a flash loan attack, resulting in a substantial loss of $4.5 million. The attack exploited a vulnerability in the contract, specifically manipulating the index parameter, which, later on, served as a denominator. Radiant Capital @RDNTCapital was under a flash […]
Current Popular Crypto Narratives That Would Spearhead The Next Bitcoin Market Bull Run
The crypto market has been in a bear market for the past few months, but there are signs that the next bull run is on the horizon. Here are some recent, current, and popular crypto narratives, including RWA, that will spearhead the next Bitcoin market bull run: Institutional Adoption Institutional […]
Top 3 DeFi Platforms To Make Money In April 2023
As of April 2023, the DeFi space continues to expand with new platforms and innovations being introduced. Here are three of the newest DeFi platforms that are worth exploring for those looking to make money this month. Efinity (EFI) Efinity is a DeFi platform that aims to provide a faster […]
Top 3 Optimism Ecosystem Tokens Below $11M Market Cap To Watch In February 2023
Optimism Ecosystem Tokens are tokens built on the fast, reliable, and scalable L2 blockchain created by Ethereum developers, for Ethereum developers, called Optimism. Optimism Ecosystem Tokens has a total market capitalization of $136,761,167,703 and a total trading volume of $47,179,168,821 in the last 24 hours. Note: This List is sorted […]
Top 3 Filesharing Tokens to Watch in December 2022
Decentralized storage assets, commonly referred to as filesharing tokens, reward users with tokens for hosting storage space on their system. Filesharing Tokens have a total market capitalization of $3,677,567,429 and a total trading volume of $266,297,962. Note: This List is sorted by their market capitalization from lowest to highest ThreeFold […]
Nested Made DeFi Accessible to All!
The wilderness of decentralized finance (DeFi) and its consequent lack of accessibility has warded-off too many potential users from centralized finance (CeFi). The latter makes the possibility of mass adoption all but a sweet dream. A hard-to-digest user experience that narrows users to diehard crypto fans, steep fees that exclude […]
Top 5 DeFi Tokens below $50M Market Cap to Watch in September 2022
Decentralized Finance (DeFi) is a financial system that allows its users the benefits of banking operations without going through banks or other intermediaries. The DeFi crypto market cap is over $50.53B with some top names such as AVALANCHE, UNISWAP, CHAINLINK, AND TERRA CLASSIC. It has a total trading volume of […]
Top 5 Decentralized Exchange Tokens Below the $6 Price Mark to Watch in September 2022
As the phrase implies, a Decentralized Exchange is a platform that allows its users to trade, swap or undergo any form of transaction without the need for any intermediaries. Decentralized Exchange Tokens are safer to deal with and by nature, have attracted a steady stream of Funds. Currently, it has […]
Top 5 DeFi Tokens Within the $1 Price Range to Watch in August 2022
DeFi is simply an acronym for Decentralized Finance, offering financial services and tech without the need to go through a middleman of intermediaries. It brings total privacy and ownership to users. Middleman such as brokerages, banks, and exchanges are kept out in this system using smart contracts on the blockchain. […]
Top 5 Web3 Tokens Below $0.5 to Add to Your Portfolio in August 2022
Web3 has lately been a popular subject in cryptocurrency as many people are clamoring toward an actual decentralized system. Among other popular crypto trends like Move to Earn, DeFi, Metaverse crypto coins, and NFTs, Web3 remains a highly sought-after trend that’s at the forefront of the financial and technological revolution. […]
Next Block Expo Is Aiming to Become the Biggest Blockchain Festival in Europe
The First edition will be held in Berlin, Germany, from 23-24 November 2022, with more than 5000 attendees. 4 months from now, the Berlin Station will be the most important place on the European blockchain map, linking together the most important names from the blockchain industry. “We are bringing founders, […]
Top 10 DeFi Tokens to Watch in August 2022
Decentralized finance systems have allowed users to borrow, save, lend, or trade cryptocurrency without the need for the usual paperwork and red tape present in traditional financial markets. In addition to other niche crypto assets like Web3 coins, Metaverse crypto coins, and NFT projects, the current degree of popularity has […]
Nested Intends to Democratize Crypto Investment
The wilderness of DeFi and its consequent lack of accessibility has warded-off too many potential CeFi users – and makes the possibility of mass adoption all but a sweet dream. A hard-to-digest user experience that narrows users to diehard crypto fans, steep fees that exclude many, a dire lack of technical […]
Top 3 DeFi 2.0 Tokens to Watch in July 2022
DeFi systems have undergone numerous attempts to be made more effective as they become more prevalent. The hazards involved with DeFi transactions are intended to be addressed by DeFi 2.0, including the erratic nature of cryptocurrencies, security issues with smart contracts, and a lack of loan repayment responsibility. On DeFi […]
Cryptocurrency, How to Invest in It?
Imagine buying Bitcoin and Ethereum in 2017 when the prices were around $1000 and $10, respectively. That’d mean over 68x and 400x Profits when the prices topped $68,000 and $4,000 levels last year, 2021. How to Invest in Cryptocurrency? Cryptocurrency is undoubtedly the fastest growing asset class in the past […]
Is Cryptocurrency The Future?
The cryptocurrency industry is a developing ecosystem gradually gaining ground in the established financial institutions of developed countries. Both public and commercial sectors are becoming increasingly open to incorporating cryptocurrencies into their financial transactions, such as payment processing, value storage, and investment. Many believe that decentralized finance, or DeFi, could […]
How KOLnet Will Redefine Marketing for Web3
It’s not easy getting heard. The great clamor of the crypto market makes it difficult to cut through the marketing noise. Even projects with sufficient budgets to spend can struggle to get the marketing they need, whereas those with captive audiences can’t easily monetize. KOLnet solves both these problems. It’s […]