Deri Protocol was founded with the objective of creating a tool that allowed for real DeFi, derivative trending, composability, and openness in the blockchain ecosystem. Derivatives are one of the hottest types of contracts in traditional fand crypto markets due to the level of abstraction they allow investors by mimicking the performance of underlying assets. [...]

The post What is Deri Protocol? DeFi Platform to Trade Derivatives appeared first on Blockonomi.

This article is in continuation with security risks associated with DeFi and ways to combat hacks by finding solutions for the right use of technology.

The recent growth in DeFi projects have been accompanied by some major hacks and scams. The article covers security issues and risks and ways to avoid them.

It can unquestionably be stated that the increased adoption of smart contracts demands strong security guarantees. Unfortunately, it is challenging to create smart contracts that are free of security bugs. As a consequence, critical vulnerabilities in smart contracts are discovered and exploited every few months. Significance of Smart Contract Security Audit The rise of Decentralized […]

The post Smart contract audit checklist for 2021 by QuillAudits | DeFi appeared first on Quillhash Blog.

The Origin Dollar stablecoin (OUSD) has been exploited and the team behind the project has revealed a loss of at least $7 million. As reported by BeInCrypto in September, Origin Protocol launched the OUSD stablecoin to allow holders to earn yields without depositing large amounts of collateral. It has been backed by a basket of […]

The post Origin Dollar Loses $7 Million in Flash Loan DeFi Exploit appeared first on BeInCrypto.