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DeFi News

Binance Smart Chain-based Bogged Finance Falls Victim to Flash Loan Attack, BOG Tanks 98%

The Binance Smart Chain (BSC) is becoming more vulnerable to flash loan attacks on the DeFi protocol running over the platform. On Saturday, May 22, BSC faced a second such attack in a week’s time with the victim being the Defi protocol Bogged Finance (BOG). Earlier this week, a similar incident was reported for BSC-based

The Binance Smart Chain (BSC) is becoming more vulnerable to flash loan attacks on the DeFi protocol running over the platform. On Saturday, May 22, BSC faced a second such attack in a week’s time with the victim being the Defi protocol Bogged Finance (BOG). Earlier this week, a similar incident was reported for BSC-based

DeFi News
DeFi News

CipherTrace Introduces Compliance Solutions for DEX and DeFi Protocol Using Chainlink Network

CipherTrace, a leading crypto intelligence company has launched its new compliance solution CipherTrace DeFi Compli that helps decentralized exchanges (DEXs) and DeFi applications to abide by the rules and regulations of the Office of Foreign Assets Control (OFAC). This is a big step towards bringing legitimacy to the fastly evolving DeFi space. The CipherTrace DeFi

CipherTrace, a leading crypto intelligence company has launched its new compliance solution CipherTrace DeFi Compli that helps decentralized exchanges (DEXs) and DeFi applications to abide by the rules and regulations of the Office of Foreign Assets Control (OFAC). This is a big step towards bringing legitimacy to the fastly evolving DeFi space. The CipherTrace DeFi