Volatile losses
Decentralized exchange (DEX) SushiSwap (SUSHI) has reportedly been hacked for 1,800 Ethereum (ETH) worth about $3.3 million at the time of the exploit.
Dogecoin (DOGE) has seen some of the worst declines in the last week. The meme coin is already down double-digits during this time and is also recording.
Investors have pushed the cryptocurrency above $21000, and other digital tokens have risen as well.
According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across blockchains worldwide totaled $3.64 billion in 2022. This represented a rise of 47.4% compared with the loss of $2.44 billion in 2021. The incidents increased i…
Despite the 2022 market crash, the crypto industry still presents a tantalizing opportunity for so-called “black hat hackers.” At the end of Q3 2022, the crypto space was worth $934.85 billion, according to CoinMarketCap. Compared to the end of Q2, that represents an increase of 4% while only repre…
MATIC’s price looks to be holding up quite well in the market given current circumstances, but given how much the crypto’s price has fallen from its 2021 all-time high price, the vast majority of its holders are still nursing losses from their investments.80% Of MATIC Investors Suffer LossesData fr…
A new report claims Bitcoin (BTC) mining firm Iris Energy's investors are seeing a multimillion-dollar wipeout in the value of their holdings a year since the public listing.
How do Yearn Finance and Bancor protect liquidity providers from volatile losses? Under the model proposed by Cronje of Yearn Finance, the risk of IL still exists; Basically, the price risk of providing liquidity is transferred to other people who want to buy insurance. However, Bancor's model of contingent loss insurance is not without limitations.
