Opyn

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Missed Uniswap UNI? 4 Popular DeFi Platforms That are Yet to Release Its Own Token

18 Sep 2020 5 minute read 33 comments Brawnd0

You might have woke up this morning to see the UNI craze developing across all crypto channels. In other words, Hayden Adams (the founder of Uniswap) has gifted a lot of users early x-mas gift of ~$1200 or even double that, depending on when you sold...

NFT - The Next Big Thing of DeFi?

8 Sep 2020 4 minute read 3 comments Ed-california

So, DeFi started to power down after such an enormous hype over the past three months. We saw everything from Lending platforms and DEX’s taking off to everybody releasing their supermarket DeFi token to take advantage of the hype (YAM, PASTA, SUSHI,...

With Bug That Led to $371K Hack Fixed, Opyn Launches YFI and WETH Options Contracts

24 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Ethereum (ETH) options issuance platform Opyn has launched two new put contracts, only a few weeks after it suffered a hack that saw $371,000 siphoned. The team announced on August 21 that it had thoroughly stress tested and vetted the protocol. Opy...

DeFi Protocol Opyn hacked. More than $370,000 stolen from the smart contract.

5 Aug 2020 1 minute read 0 comments lioha369

Around 4 AM PT today Defi Protocol Opyn was hacked by means of a double-spend attack. This protocol offers options for ETH, DeFi tokens, and insurance on Compound deposits. The hacker found an exploit in Opyn protocol's options tokens (oTokens) and u...

DeFi Protocol Opyn Hacked, Over $370K in User Funds Stolen

5 Aug 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized insurance platform Opyn was hacked on August 4, resulting in the theft of over $370,000. The hacker exploited a flaw in the Opyn ETH Put contracts, which is the only contract that has been affected.  The exploit allowed the attacker  t...

Defi Options Platform Opyn Raises $2.1 Million, Led by Dragonfly Capital

23 Jun 2020 1 minute read 0 comments Abhimanyu Krishnan

Ethereum (ETH) based options issuance platform Opyn has raised $2.16 million in funding led by Dragonfly Capital, according to an announcement made on June 22. The funding will be used to better improve risk management systems for Opyn’s Ethereum’s o...