Blockchain data platform Chainalysis has released a new report on cryptocurrency crime trends, finding that $14 billion in cryptocurrency was sent to illicit addresses in 2021, nearly double the ...
Compound Finance is just one of the latest victims of DeFi hacking incidents in 2021. On Sept. 30, its errant token distribution bug within the Proposal 062 exposed a flaw in which $70 million–$85 ...
NEW YORK--(BUSINESS WIRE)--CertiK, the global leader in smart contract and blockchain security, today released its inaugural 2021 State of DeFi Security report. The report offers expert insight into ...
Decentralized applications store DappRadar recently published their annual Dapp Industry Report, highlighting records for the decentralized application (dApp) space. As noted in a release shared with ...
Illicit crypto addresses received $14 billion last year, up nearly 80% from $7.8 billion in 2020, a new study from Chainalysis shows. But total crypto transaction volume also ballooned 550% to $15.8 ...
LONDON, Nov 18 (Reuters) - Fraud and theft at decentralised finance platforms has totalled $10.5 billion so far this year, research showed on Thursday, laying bare the risks in the fast-growing but ...
According to a report from London-based firm Elliptic, about $10.5 billion worth of user funds has been stolen in cases of fraud and theft on DeFi products. DeFi platforms have become increasingly ...
Decentralized finance is an umbrella term for a host of activities that cut the middleman out of traditional financial services like banking. It encompasses loans, interest-earning accounts, money ...
DeFi uses new technology to allow for secure financial transactions without a bank. It has the potential to revolutionize the financial industry, but it's still in its infancy. If it succeeds, it ...
As decentralized finance (DeFi) continues to make headlines, attract capital, and grow rapidly, two truths are developing in parallel; numerous opportunities exist alongside significant risks that can ...