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DeFi platforms are in hyperdrive as blockchain and digital asset technologies continue to proliferate at an extraordinary pace. CREAM, much like Uniswap or Compound, is attempting to bridge the gap between legacy finance and digital finance, and seemingly the team behind it is working to release updates and upgrades on an almost weekly basis.
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C.R.E.A.M. Finance is a decentralized lending protocol for individuals, institutions and protocols to access financial services. Part of the yearn finance ecosystem, it is a permissionless, open source and blockchain agnostic protocol serving users on Ethereum, Binance Smart Chain, Polygon and Fantom.
Cream Finance, a decentralized finance (DeFi) lending protocol, suffered its second flash loan attack this year, with the perpetrators draining more than $25 million. The attack was first reported...
MEDIUM HOLD MOLDING CREAM WITH LOW SHINE. FOR LOOKS THAT TURN HEADS AND CURL TOES. FEATURES AND BENEFITS Cactus Extract - Helps this d:fi hair cream moisturize hair while increasing elasticity, luster and softness. Sugar Cane - Provides this low shine hair cream with natural humectants that help hair to absorb and retain moisture.
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Cream Finance, a DeFi platform based on Binance Smart Chain (BSC) that focuses on loans, fell victim to an attack on August 30 that caused losses of at least USD 20 million. The Cream Finance team has not made any official statement about the situation. The team also had not previously reported whether it contacted the hacker or if the hacker ...
DeFi protocol Cream Finance suffered yet another hack this year after an exploit stole at least $130 million in what could be one of the largest thefts in decentralized finance. The attack on the Ethereum-based lending protocol was first reported by The Block Crypto, which cited a tweet by PeckShield Inc. highlighting a large flash-loan transaction that carried out the theft.
DeFi protocol Cream Finance suffered yet another hack this year after an exploit stole at least $130 million in what could be one of the largest thefts in decentralized finance.
DeFi. Cream Finance (CREAM) Cream Finance (CREAM) Review 0.0 / 5. 0 user reviews . Write review Compare with . Contact. Site: app.cream.finance. Social: More info ... system built on smart contracts. By building smart contracts and deploying them across EVM-compatible blockchains, CREAM aims to broaden the reach of this new financial system to ...
Crypto Rules Everything Around Me, or "CREAM" is a DeFi project that enables users to lend, borrow, and exchange cryptocurrencies on Ethereum. Jeffrey Huang launched the project as an algorithmic money market protocol on Binance Smart Chain on July 16th, 2020. However, since its launch, Cream has gone a long way ahead.
CREAM Finance DeFi Protocol Hacked, $37.5 Million Stolen Feb 13 2021, 16:14 GMT Author Samson Ononeme Get Trading Signals Your capital is at risk. The DeFi industry has come under attack again as the popular CREAM Finance was hacked. As a result, the price for the CREAM token dropped by around 40% in less than a few minutes.
Cream Rules Everything Around (Internet) Money. The world of DeFi can be a complex and confusing place, with multiple layers of services and products offering a whole range of exciting features ...
Updated Sep 14, 2021 at 5:11 a.m. PDT. Andre Cronje interviewed at Seoul Blockchain Week, 2019. Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance were victims of one of the ...
In the ever-evolving world of DeFi, CREAM Finance creators said they would be working with Yearn Finance to launch Cream v2 or the Iron Bank. The integration into the Yearn Finance ecosystem, DeFi fans and observers say, is a game-changer and would ultimately push capital efficiency to a new level. Why the Iron Bank is a Game-changer. Here's why.
Launched in 2020, Cream Finance (CREAM) is a relatively new decentralized finance ( DeFi) protocol with massive potential. The CREAM acronym stands for "Crypto Rules Everything Around Me," which signifies the project's passionate belief in the future of cryptocurrency.
Ethereum-based DeFi protocol, Cream Finance, has reportedly lost over $25 million to a flash loan attack. The protocol offers a lending and borrowing platform for users and had its Amp (AMP) token pools attacked in the early hours of Monday. Hackers normally use flash loan attacks to exploit vulnerabilities in smart contracts.
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Cream protocol, a defi lending-borrowing platform present on four different chains (Ethereum, BSC, Polygon, and Fantom), suffered a hack Monday that resulted in the loss of $29 million in several ...
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Cream Browsing. Home » Cream. DeFi Exchanges. Cream Finance: Crypto Rules Everything Around Me. September 16, 2020 3 Mins Read In DeFi Exchanges. Crypto Rules Everything Around Me, or "CREAM" is a DeFi project that enables users to lend, borrow, and exchange cryptocurrencies on Ethereum. Jeffrey Huang launched…
In February this year, Cream was involved in another hack. At that time, an exploit of Alpha Finance was the root cause of the attack, which ultimately resulted in the loss of $37.5 million. Cream Finance joins list of DeFi hacks. The emergent DeFi space has made headline after headline following major exploits similar to today.
The team behind Cream Finance has confirmed that the decentralized finance (DeFi) lending and borrowing platform has lost $130 million in Cryptocurrencies to hackers on Wednesday. "Our Ethereum C.R.E.A.M. v1 lending markets were exploited and Liquidity was removed on October 27, 1354 UTC," the official Twitter handle of the DeFi platform wrote.
CREAM is a DeFi project. The services are restrictions-free and open. So, all you need is internet access to participate! However, CREAM Finance has a goal to step out of the comfort zone. This entails developing a new financial framework that incorporates as many users and assets as needed. CREAM Social Profiles: CREAM dApp Analysis
What Happened: DeFi lending platform Cream Finance (CRYPTO: CREAM) has fallen victim to yet another exploit which saw hackers make off with over $18 million. C.R.E.A.M. v1 market on Ethereum has ...