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Decentralized protocol Yearn Finance lost $1.4 million due to a multisig script error. Information about this appeared on the project’s GitHub page, which led to significant price slippage and arbitrageurs making money from the error. The Yearn Finance team appealed…
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Decentralized cryptocurrency exchange dYdX has introduced new measures to reduce trading risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses. According to the statement, the crypto exchange has increased margin requirements in several “less…
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Yearn.Finance skyrockets over 100% as the team announces that v3 is coming soon.
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The popular decentralized finance (DeFi) platform, Yearn Finance, was recently hacked using the open-source liquidity protocol, Aave. Per the on-chain data, the hacker has already moved more than $11.5 million in stablecoins. According to the on-chain data, the exploiter used…
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Two transactions worth nearly $60m in YFI, the native governance token of Yearn Finance, a DeFi protocol, have been posted on the platform, Santiment data on Feb. 8 shows.
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Yearn Finance, Balancer, Euler, MakerDAO, and more than 30 top DeFi dApps are taking part in a "creative campaign" to bring to light the various advantages of permissionless and decentralized protocols.
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DeFi aggregator protocol Yearn Finance has launched a new product that allows users to create sophisticated permissionless vault factories on its platform. Yearn’s auto-compounding yVault Yearn.finance, a DeFi aggregator protocol with $382,650,687 in total value locked (TVL), has launched the…
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During the initial days of blockchain technology, prominence was explicitly placed on the development of the network. The industry grew enormously, creating a new financial system dubbed Decentralized Finance (DeFi). What is a DeFi Protocol? DeFi protocols are autonomous programs…
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dYdX, a decentralized exchange for crypto derivatives, says it has ended its $25 first deposit bonus program.
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Senior developers at the Fantom Foundation Anton Nell and Yearn Finance founder Andre Cronje announced their exit from the crypto space.
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Yearn Finance (YFI) has joined forces with Immunefi to launch a bug bounty program. The team says it is setting aside from $100 to $200,000 to reward whitehat hackers depending on the severity of the bug, according to a press…
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Swiss crypto-friendly bank SEBA has expanded its crypto footprint by adding support for prominent decentralized finance (DeFi) tokens. DeFi continues to experience tremendous growth with the emerging market segment now existing across multiple blockchain networks including Ethereum (ETH) and the…
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Badger DAO, an Ethereum-based decentralized finance (DeFi) protocol on absorbing Bitcoin liquidity, recently announced its partnership with Yearn.finance. Work in Progress Launched in December, BadgerDAO is a project that promotes bitcoin adoption (i.e., tokenized bitcoin iterations such as WBTC and…
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Yearn Finance recently tweeted that its v1 yDAI Vault got hacked. A part of the deposits, worth $11 million, got lost. The attack helped the hackers to acquire a total of $28 million. A Detailed Look on the Yearn Finance…
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The yearn.finance community has voted to mint 6,666 YFIs, which was with one-thirds allocated to key platform contributors and two-thirds to the Treasury. The minted YFI, which is to be placed on the Treasury, will be under the control of…
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In yet another decentralized finance (DeFi)-related M&A (merger and acquisition), Yearn.Finance and SushiSwap have announced a partnership between both protocols. The news marks the first of such mergers for DeFi bluechip Yearn.Finance as it continues to gain a larger presence…
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