Dot Finance automates and maximizes rewards for its users and helps them earn fees from other DeFi services, such as lending, trading, and borrowing. Similar to other DeFi applications, Dot Finance uses smart contracts instead of third parties to provide financial services to users, such as lending, trading, and borrowing. Source link … [Read more...] about Polkadot Gets DeFi Building Block as DEX Aggregator Dot Finance Migrates From BSC
BSC
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (POLY) blockchains.Soon after realization, AscendEX proactively warned its users about the stolen funds, confirming that the hackers were not able to access the … [Read more...] about AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects
Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance.According to a release issued on Friday, Immunefi will work in collaboration with Binance to improve the security of projects on the Binance chain. As part of the partnership, Binance will match bug bounty payments issued by … [Read more...] about Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects
Growing pains? DeFi exploits plunder BSC, which calls for reinforcements
Several decentralized finance (DeFi) protocols running on Binance Smart Chain (BSC) have fallen victim to major exploits in recent months as the sector continues to see substantial growth in 2021.Binance’s very own smart contract blockchain platform has seen a surge in demand since its launch in September 2021, due to its low fees and high throughput. This has allowed the … [Read more...] about Growing pains? DeFi exploits plunder BSC, which calls for reinforcements
‘Green-light’ for miners? CZ not responsible for BSC, Uniswap frauds on TV
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Could green miners get a pass?Last week’s column had a look at the recent crackdown on cryptocurrency miners as China heads towards a more … [Read more...] about ‘Green-light’ for miners? CZ not responsible for BSC, Uniswap frauds on TV