Day: September 14, 2020

Cream Finance Crosses $300M in Deposits

What happens when you fork Compound and add lending pools for DeFi’s most degen assets? You get Cream Finance. In under a month since launch, Cream has aggregated more than $300M in TVL, according to DeFi Pulse, largely thanks to CREAM liquidity mining rewards. Image source: DeFi Pulse What started as a lending protocol for …

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bZx’s $8M Hack is Third This Year and Two Weeks after Security-Focused Relaunch

Hello Defiers, here’s what’s going on in DeFi: bZx was hacked once more Cream Finance assets are soaring Forensics into the recent ETH slump The open economy is taking over the old one. Subscribe to keep up with this revolution. Click here to pay with DAI (for 70 Dai/yr vs $100/yr). Subscribe now 🎙Listen to this week’s …

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bZx Hacked for $8M After Security-Focused Relaunch

bZx had relaunched just two weeks ago, highlighting its increased focus on security after attackers were able to make $900k in two exploits earlier this year. Last night, it was exploited once more. The hacker was able to duplicate tokens received in exchange for deposits in the protocol, called iTokens, and then use those iTokens …

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