DeFi
Decentralized finance, or DeFi, is a subset of the cryptocurrencies and blockchain industries that aims to provide a decentralized version of traditional financial services. Financial firms in the mainstream provide consumers with services such as cash storage and loans. These services, however, are regulated by centralized bodies. At CoinCu News, we provide you the most up-to-date information about DeFi and how it may help us better our present financial system.
Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism
Iron Bank – aggregate lending solution developed by Yearn Finance and DeFi Andre Cronje chose to implement the protocol on...
Acala Successfully Regain Peg For AUSD After 2 Days Of Problems
Acala was attacked by an attacker who took advantage of a vulnerability in the iBTC/aUSD pool to print out about...
Acala Makes Proposal To Burn 1.28 Billion aUSD After Hacking Investigation
The stablecoin Acala (aUSD) of the Polkadot ecosystem was hacked over the weekend, and the damage amounted to $1.2 billion....
Justin Sun Regained Access To Aave
Justin Sun's AAVE account is back up and running after almost a day of account suspension for allegedly interacting with...
Hacker Attacks Acala Network But Still Can’t Transfer ACA Token
CoinCu continues to update on the attack on the Acala platform that caused 1.2 billion new stablecoins to be released....
Velodrome’s Gabagool.eth Admits Taking Project Money Due To Trade Loss
As CoinCu reported in a recent article, Velodrome has announced that a team member known for the Gabagool.eth account has...
Velodrome Was Stolen $350,000 By Their Own Member
Velodrome announced Saturday that a team member known for the Gabagool.eth account stole funds from the project. The decentralized exchange...
Aave Blocking All Addresses Linked To Tornado Cash, Including Justin Sun
0.1 ETH was apparently sent to well-known ENS accounts from sanctioned addresses. DeFi platforms such as Uniswap, Aave, and Balancer...
All About Aave Protocol’s Activity In The Last Quarter
Dubbed the “Ghost Protocol,” Aave is non-custody lending and borrowing platform that operates primarily on the Ethereum, Avalanche, and Polygon...
Slope Wallet Denies Link To Solana’s $4 Million Hack
Solana mobile wallet provider, Slope Wallet, is believed to be responsible for the recent multi-million dollar crash. However, their recent...
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Federal Reserve Allowing Cryptocurrency Banks Access To Central Banking System
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Aave Blocking All Addresses Linked To Tornado Cash, Including Justin Sun
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Google Sites And Microsoft Azure Are Being Used To Steal Cryptocurrency
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Curve Finance Is Being Hacked By DNS, Damage Is At $570,000
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Luna Collapsed, Family In Korea Decided To Commit Suicide
