Illustrates Amber Group's suspected market making for Yield Basis protocol, showing token transfers and CEX deposits.
Blockchain News

Amber Group’s Crucial Role: Suspected Market Making for Yield Basis Protocol Unveiled

The cryptocurrency community is currently buzzing with significant revelations concerning a prominent market maker. **Amber Group** stands accused of potentially playing a crucial role in the newly launched **Yield Basis** (YB) protocol. This decentralized BTC yield initiative, spearheaded by **Curve Finance** founder **Michael Egorov**, faces questions regarding its operational transparency. Specifically, an address reportedly linked […]

An abstract depiction of the Yield Basis **BTC yield protocol**, illustrating how it offers secure, decentralized yield generation for Bitcoin holders.
Bitcoin News

BTC Yield Protocol: Curve Finance Founder Unveils Revolutionary Yield Basis

The cryptocurrency world constantly seeks innovation. Michael Egorov, the visionary **Curve Finance founder**, recently launched a new project. This development aims to transform how users generate returns on Bitcoin. His latest venture, **Yield Basis**, introduces a **decentralized BTC yield protocol**. This protocol offers novel opportunities within the DeFi ecosystem. It seeks to address critical challenges […]

Visualizing Curve Finance's revolutionary revenue sharing proposal, benefiting CRV token holders through the new Yield Basis protocol.
Blockchain News

Curve Finance Proposes Powerful Revenue Boost for CRV Holders

In a significant development for the decentralized finance (DeFi) ecosystem, Curve Finance has unveiled a groundbreaking proposal. This initiative aims to fundamentally reshape how its token holders earn value from the protocol. Founder Michael Egorov introduced ‘Yield Basis,’ a novel mechanism designed to provide more direct and sustainable profits to CRV holders who actively participate […]

Hacker manipulating stablecoin exchange rates in $9.5M Resupply exploit
Blockchain News

Shocking $9.5M Exploit: Stablecoin Protocol Resupply Hacked via Exchange Rate Manipulation

In a shocking turn of events, the stablecoin protocol Resupply was exploited for $9.5 million due to manipulated exchange rates. This breach highlights the vulnerabilities in DeFi systems and raises concerns about stablecoin security. Here’s what happened and why it matters. How Was the Stablecoin Protocol Resupply Exploited? According to The Block, the attacker inflated […]

Urgent Alert: Curve Finance Targeted in Malicious DNS Attack
Blockchain News

Urgent Alert: Curve Finance Targeted in Malicious DNS Attack

Attention, crypto community! A critical security incident has just unfolded that requires your immediate awareness. Curve Finance, one of the largest decentralized finance (DeFi) protocols, has confirmed it was the victim of a sophisticated DNS attack. This isn’t just another day in crypto; it’s a stark reminder of the digital threats lurking, even for established […]