# Spartan Protocol exploit results in loss of M

# Spartan Protocol exploit results in loss of $30M

“# Spartan Protocol exploit results in loss of $30M ” Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool late Saturday.  The exploit targeted a “flawed liquidity share calculation” in the SPARTA/WBNB liquidity pool, which enabled the attacker…

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# Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger

# Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger

“# Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger ” In a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella.  First floated after “weeks of negotiation” in early April, members of…

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# MocktailSwap’s ‘Semi-fungible token’ project launches on Binance Smart Chain

# MocktailSwap’s ‘Semi-fungible token’ project launches on Binance Smart Chain

“# MocktailSwap’s ‘Semi-fungible token’ project launches on Binance Smart Chain ” MocktailSwap Finance, an up-and-coming DeFi protocol focused on automated market makers, has launched a so-called “semi-fungible token” on the Binance Smart Chain, offering further evidence of innovation in decentralized finance.  The semi-fungible token is based on Ethereum’s ERC-1155 standard, which enables a smart contract…

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