DeFi
Celsius Network Pays a $47.1 Million Loan, CEL Rallies 100%
CEL, the native token of the Celsius Network, is up a massive 45 percent against the USDT in the past…
Block Magnates
DeFi
Decentralized finance (DeFi) is a financial system that runs on a decentralized network. This means that there is no central authority or middleman involved in the system. Instead, it is powered by smart contracts and runs on a blockchain.
In Block Magnates we cover the latest DeFi news and trends from around the web
DeFi
Osmosis, a DeFi Protocol, lost $5 Million due to Bug Exploit
Osmosis, a proof of stake blockchain and DEX on the interoperable Cosmos ecosystem, has lost $5 billion following a bug…
DeFi
Ethereum Whales Prefer USDC over USDT after UST Crash
Ethereum whales, mainly DeFi protocols, custodians, and cryptocurrency exchanges, prefer USDC over USDT following the UST de-peg.
DeFi
I Lost $2.4 Million in LUNA during Crash, a YouTuber Who Knocked on Do Kwon’s Door Says
The LUNA crash saw a YouTuber lose $2.4 million, a financial devastation that led him to trespass into Do Kwon's…
DeFi
Everything you need to know about LUNA/Terra collapse: Oracle manipulation, lawsuits, supporters and hard fork
The fall of LUNA & UST rekt an uncountable number of people. This is the worst any crypto investor has…
DeFi
New Decentralized Oracles built to tackle the problem of commercial viability
These are the top decentralized crypto oracles designed to tackle the problem of commercial viability and promote adoption.
DeFi
LUNA and UST CEO’s Family Asking for Police Protection
The family of Do Kwon, the face behind LUNA and UST cryptocurrencies, is asking for police protection after a recent…
DeFi
Tether (USDT) is Wobbly Hours after UST Crash
Tether is trading below the $1 peg, a concern that users claim may further heap pressure on crypto assets hours…
DeFi
Are Crypto Whales Manipulating Bitcoin Prices to “Crash” Terra’s UST?
Crypto whales have been accused of deliberately keeping Bitcoin prices low in an attempt to crash Terra's algorithmic stablecoin, UST.
DeFi
Understanding The Ronin attack: Biggest hack in the DeFi to date
Major hacks and security breaches are becoming frequent in the DeFi industry. For example, in what was dubbed the greatest…