Polychain and others have provided $12 million in funding to support the initiative The Bitfinity Network, a Bitcoin layer-2 (L2) protocol, has launched with a vision to bridge the gap between Bitcoin and decentralized finance (DeFi). Backed by $12 million in funding, the initiative aims to create Ethereum Virtual Machine (EVM)-compatible DeFi functionality for Bitcoin
Azura wants to make it easier for DeFI solutions to thrive Azura, a new decentralized finance (DeFi) platform backed by prominent crypto founders, has officially launched, intending to simplify the DeFi ecosystem for users. Debuting yesterday, the platform, which describes itself as an “onchain interfacing layer,” seeks to address one of the biggest hurdles in
The attacks on cryptocurrency platforms continue as systems neglect to heighten their security Delta Prime, a decentralized finance (DeFi) platform, has become the latest victim of a cyberattack, with the hackers making off with nearly $6 million in digital assets. The incident highlights the ongoing vulnerabilities in the cryptocurrency sector. The attack was first reported
The decentralized finance protocol has become the latest victim of cyber thieves The Penpie protocol, a decentralized finance (DeFi) project operating on the Pendle platform, experienced a severe security breach yesterday. The attack resulted in the theft of $27 million from client funds. The breach has sent shockwaves through the DeFi community and raised concerns
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