New Gold Protocol, a DeFi staking project, lost around 443.8 Ethereum , valued at $2 million, in an exploit on Sept 18. The attack caused the project’s native NGP token to crash by 88%, wiping out ...
New Gold Protocol lost $2 million in a flash loan exploit shortly after launch, as hackers exploited smart contract vulnerabilities.
DeFi gold products deliver sub-1% yields while traditional finance earns 3%-5% on the same asset. Token printing and forced complexity destroy returns. DeFi gold products are fundamentally broken.
Crypto traders and industry executives have expressed favor toward Republican U.S. presidential candidate Donald Trump's policies on Bitcoin and digital assets. That predisposition has not translated ...
The decentralized derivatives protocol unveiled a high-yield structured product called Gold Rush last week. The basket options strategy involves Tether's gold-backed token, XAUT, and ether as ...
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