DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains

defi-ing-exploits:-new-chainalysis-tool-tracks-stolen-crypto-across-multiple-chains

Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains. Blockchain analytics firm Chainalysis has released a new tool to track transactions across Decentralized Finance protocols and multiple blockchains. Chainalysis launched a beta version of its Storyline software on May 18. Touted as a “Web3-native … Read more

DeFi attacks are on the rise — Will the industry be able to stem the tide?

defi-attacks-are-on-the-rise-—-will-the-industry-be-able-to-stem-the-tide?

Dozens of DeFi systems have been hacked over the past year, and the trend doesn’t seem to be abating. The decentralized finance (DeFi) industry has lost over a billion dollars to hackers in the past couple of months, and the situation seems to be spiraling out of control. According to the latest statistics, approximately $1.6 … Read more