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Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

Hacker Steals .9 Million From Arbitrum-Based Defi Protocol Lodestar FinanceArbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralized finance (defi) platform, Lodestar Finance […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

Trust in Decentralized Finance Rattled After 0 Billion Left the Defi EconomyThe effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. Defi TVL Plunges More Than […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days

Total Value Locked in Defi Takes a Hit Losing  Billion in 6 DaysOver the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders This Week While the […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%

Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues to dominate in terms of TVL, the defi […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks