The decentralized finance (DeFi) protocol DEUS Finance was hit hard by a security breach, resulting in the loss of over $6 million worth of DEI stablecoins. The hacker managed to exploit a …
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Beware Of Flatcoins, Crypto’s Inflation Busting Fad
These coins are designed to protect stablecoin holders from inflation. But they are complicated and it’s not clear whether they will actually work.
Deloitte integrates blockchain for digital credentials
In a May 4 statement, Deloitte announced the integration of KILT Blockchain technology for issuing “reusable digital credentials to support KYC and KYB processes,” in an effort to move away from …
DEUS Finance loses $6M following stablecoin hack
Decentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI.
How to stake Polkadot (DOT)
Unlike restricted proof-of-work (PoW) blockchains like Bitcoin, the Polkadot blockchain allows cross-blockchain transfers of any asset or data, facilitates more transactions per second and needs …
Cardano whales accumulate ADA as Layer 2 scaling solution Hydra goes live
Cardano network’s largest whale addresses have accumulated over a 100 million ADA tokens over the past week. Whales continued scooping up ADA as the Ethereum-killer blockchain’s Layer 2 scaling …