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.

Decentralized finance (DeFi) projects are continuing to develop structured products, which offer decent returns, market exposure and protection from losses and were previously available only to ...

RAAC partners with I-ON Digital for $200M tokenized gold launch as RWA sector TVL surpasses $16B amid rising adoption.

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 ...