bZx News

The United States Commodity Futures Trading Commission (CFTC) has moved against a decentralized autonomous organization (DAO) and holders of its tokens. In a surprising move, the agency has sued the DAO while agreeing to a settlement with another entity over…

Decentralized finance (DeFi) protocol bZx, has revealed via Twitter on April 19, 2021, that since launching its margin trading and lending product on the Binance Smart Chain (BSC), its total value locked (TVL) has increased significantly and it’s now looking…

The DeFi summer of 2020 witnessed ‘rug-pulls’ left, right, and center. DeFi Landscape Saw Major Crypto Thefts Blockchain technology and cryptocurrency analysis firm CipherTrace recently released the 2020 Cryptocurrency Crime and Anti-Money Laundering Report. The report posits that while 2019…

Decentralized finance protocol bZx suffered a major hack on September 13, 2020, with the hackers carting away $8 million worth of tokens. This latest hack comes after an initial double hack attack in February which led to losses of about…

A DeFi project is migrating to the Ethereum mainnet today, July 13. The move brings forth increased cross-chain operability and scalability for token-focused dApp functions. Token Migrations Today In a blog post last week, bZx announced it was shifting to…

Decentralized Finance (DeFi) lending platform bZx has reportedly suffered another attack with the hacker making off with a profit of 2,378 ETH (about $645,000). bZx Hits Pause Following Suspected Attack In a tweet published on Tuesday (February 18, 2020), bZx…

Decentralized finance (DeFi) protocol bZx has clarified reports of lost funds from a malicious exploit of its Fulcrum trading platform stating that lenders were not affected by the incident. Friday’s protocol exploit has meanwhile ignited some debate over the degree…