Tags : Finance

Market

DeFi Protocol Ingredient Finance Raises $32M in Collection A Spherical

Ingredient Finance, a decentralized finance (DeFi) mounted fee protocol, closed a $32 million Collection A funding spherical at a $320 million valuation, the DeFi challenge introduced on Tuesday. Polychain Capital led the spherical. Earlier traders Andreessen Horowitz (a16z), Placeholder, A_Capital, and Scalar Capital participated within the spherical, which additionally included new traders Republic, Superior Blockchain, […]Read More

Blockchain

Airdrop Ethics: VC Agency Attracts Ire Following $2.5M Ribbon Finance

On Friday afternoon, decentralized finance (DeFi) customers found a researcher for Divergence Ventures, a crypto enterprise agency, was receiving a whole bunch of ETH from wallets promoting not too long ago airdropped RBN tokens – an indication of an airdrop exploit to which Divergence later admitted. The episode presents the largely unregulated, permissionless DeFi neighborhood […]Read More

Cryptocurrency

One other hit on Avalanche as Vee Finance exploited for

One other decentralized finance (DeFi) protocol on Avalanche (AVAX) chain, Vee Finance, has fallen sufferer to an assault, merely every week after Zabu Finance obtained hit.  The lending protocol platform has confirmed the exploit on Twitter, which counts because the second main assault within the Avalanche ecosystem. $35 million gone “Our platform might have been […]Read More

Market

DeFi Protocols Cream Finance, Alpha Lose $37.5M in Exploit; ‘Prime

Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance have been victims of an exploit Saturday morning leading to a lack of funds totaling $37.5 million, in keeping with transaction details on Etherscan. Two hours later Cream stated its contracts have been “functioning as regular” and markets had been enabled. Alpha Finance then posted its […]Read More