WeaLTH eXchange (WLTHX), a pioneering force in financial inclusion, is set to launch a gamified trading platform. WLTHX aims to bridge traditional investment and Web 3.0 technology by offering innovative solutions. The team behind WLTHX brings a wealth of expertise from Wall Street and a drive to redefine norms. With the upcoming launch, users can expect an engaging trading experience with rewards. The project will also feature financial education tools and B2B partnerships. Revolutionizing Digital Asset Management WLTHX is a…
DeFi Issues
Avalanche Blockchain’s Zabu Finance Loses $3.2 Million after Facing a Pool Hack
On September 12, industrial outlet DeFiPrime revealed Zabu Finance faced a hack. The hacker successfully stole 4.5 billion tokens from a Zabu Farm Contract amounting to $3.2 million. The transfer of such a large number of tokens eventually caused the price of Zabu tokens down to $0. Zabu Token has also gone ahead to confirm the hack on Twitter. Moreover, the platform asked for help from other known decentralized exchanges hosted on Avalanche, such as Pangolin and Trader Joe. How…
2 years ago 
975 views
Critical Problems Facing Decentralized Finance (DeFi) Ecosystems Today
Blockchain technology brought about several new developments, among them, decentralized finance. Although blockchain has continuously thrived in different sectors, its use in finance and DeFi is quite impressive. Thanks to DeFi ecosystems, there are now more decentralized networks and peer-to-peer networks to solve financial banking issues, borrowing and lending, and advanced financial instruments. Despite the notable success of these ecosystems, DeFi is still in its infancy. Therefore, the ecosystems are often plagued with certain risks that hinder their progress. What…
3 years ago 1.2 k views
