As if one attack against a DeFi protocol is not enough, bZX keeps generating headlines. The protocol has been “abused” for the second time in less than a week. One could argue that the first incident is not even a hack. bZX Should Just Give up Instead, it is someone […]
Tag: DeFi
More Details Regarding the bZX Incident Have Surfaced
A few more details have come to light regarding the recent DeFi hack. The bZX theft raised a lot of questions, and some answers have now been provided. Figures indicate that roughly $360,000 worth of Ether has been earned by a criminal through the platform. A Complex bZX Story Unfolds […]
DeFi Protocol bZX Suffered From a Smart Contract Exploit
The world of decentralized finance has yet to be put through a big security audit. For bXZ, such an audit will come too late, as the DeFi protocol has already been hacked. Earlier today, news broke of an incident affecting bXZ. bZX Fails to Secure its Smart Contract Although this […]
DeFi Interest Rates for DAI Continue to Grow
The decentralized finance segment continues to fire on all cylinders. DAI lending has always been lucrative yet it appears that the deposit rates will only go higher from here on out. It is uncanny how stablecoins can yield extremely high interest rates in DeFi. The DeFi Interest Rates Continue to […]
Ethereum’s DeFi has Noted Major Growth in the Past few Months
A lot has been said about decentralized finance, or DeFi, in recent months. Many people feel this is not the future of ethereum. While those comments are valid, recent statistics show something else entirely. DeFi is in a Very Good Place Roughly $3.3 million in ether has been locked in […]