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Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application

Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending ApplicationWhile the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]

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Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

Exploit Allows Hackers to Siphon 0 Million From Defi Protocol BadgerdaoThe decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has […]

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DeFi Platform Cream Finance Loses $26,000,000 in Hack

The decentralized finance (DeFi) lending protocol Cream Finance (CREAM) suffered a hack that led to the loss of about $26 million in Ethereum (ETH) and AMP tokens. Cream Finance says the platform lost 418,311,571 AMP, currently valued at $22.1 million, and 1,308 ETH, currently valued at $4.42 million, on Tuesday “by way of reentrancy on […]

The post DeFi Platform Cream Finance Loses $26,000,000 in Hack appeared first on The Daily Hodl.

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