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Ethereum24h $1,920.53-1.20%

BNB24h $569.65-1.36%

XRP24h $1.13+0.01%

Solana24h $77.33-1.49%

TRON24h $0.3290+0.80%

Hyperliquid24h $58.85-6.46%

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UNUS SED LEO24h $9.73+0.11%

Zcash24h $516.97-5.70%

Seneca Protocol hack highlights dangers of Ethereum’s token approval mechanism

Seneca is a decentralized finance project that allows users to borrow the stablecoin senUSD against various yield-bearing assets.

Advisors leave Aave as protocol punishes competitors

Aave’s proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’

Occasionally in earnest, yet often using decentralization theatrics, Uniswap claims to be a community-led DeFi protocol.

Abracadabra Finance, the platform behind Magic Internet Money, was hacked on Tuesday, causing the stablecoin to depeg.

Major crypto companies have launched an investigation after hackers breached a third-party email provider to send fake airdrops to users.