New fund aims to put hundreds of millions toward Algorand DeFi growth

by Cointelegraph By Benjamin Pirusn | Sep 10, 2021 | Algorand, Decentralization, DeFi

Different decentralized finance solutions building on the Algorand blockchain could receive a chunk of a new $300 million...

SubQuery raises $9M for Polkadot data protocol

by Cointelegraph By Sam Bourgi | Sep 8, 2021 | data, Decentralization, Funding, Polkadot, Venture Capital, web3

Blockchain venture capitalists continue to fund Polkadot projects with growing conviction. SubQuery aims to bring data indexing infrastructure to the...

Ruler and Cover DeFi protocol closes down amid mass developer exit

by Cointelegraph By Tom Farren | Sep 6, 2021 | Decentralization, DeFi, Insurance

DeFi insurance protocol Ruler and Cover pledged to share the remaining treasury funds to token...

Decentralized search engine becomes default option on European Android devices

by Cointelegraph By Sam Bourgi | Sep 1, 2021 | Decentralization, European Union, Google, Google Chrome

Presearch is backed by a community of node operators who process user search requests and earn rewards through the Ethereum-based PRE...

Cream Finance to repay stolen Ether and Amp via protocol fees

by CoinTelegraph By Helen Partz | Sep 1, 2021 | Cryptocurrencies, Decentralization, DeFi, Fees, Hackers, Hacks

Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users...

​​Cream Finance DeFi platform loses $19M in a flash loan hack

by CoinTelegraph By Helen Partz | Aug 30, 2021 | Decentralization, DeFi, Hackers, Hacks, Security, Smart Contracts

The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17...