WebDec 11, 2024 · CREAM Finance History: Launched on the Ethereum blockchain in August of 2024, CREAM Finance is one of the newer DeFi lending platforms in the space. The platform was founded by Jeffrey Huang, who refers to himself as the “Semi-benevolent dictator of Cream.” Huang is also the creator of Mithril, an Ethereum-based social network. WebAug 30, 2024 · Cream Finance is among top 20 DeFi protocols Record number of hacker attacks on DeFi platforms The hack The Chinese blockchain journalist Colin Wu has, in fact, reported that Cream Finance, a crypto mortgage lending platform, suffered a hacker attack and lost about $18 million worth of cryptocurrencies.
What is Cream Finance (CREAM): Lending Protocol - Phemex
WebAug 6, 2024 · The decentralized finance (DeFi) protocol Cream Finance has reportedly suffered a major breach, losing $130 million to hackers in what might be one of the largest sums of money stolen in the growing DeFi field. Bloomberg reports that DeFi protocol Cream Finance has suffered a major hack, losing $130 million in possibly one of the largest … WebFeb 2, 2024 · CREAM Finance is the best crypto lending platform that is based on its decentralized lending protocol. CREAM Finance offers an easy-to-use interface for users from every background and provides numerous advanced functionalities to make money on the platform. CREAM Finance follows the approach of curve finance. highland roofing franklin nc
C.R.E.A.M. Finance APP
WebAug 30, 2024 · An anonymous reader quotes a report from The Record, written by Catalin Cimpanu: Hackers are estimated to have stolen more than $29 million in cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) platform that allows users to loan and speculate on cryptocurrency price variations.... WebOct 29, 2024 · Cream Finance, an Ethereum-based lending and borrowing protocol, suffered an exploit that allowed the hackers to steal $130 million worth of ether and ERC-20 tokens. According to Slowmist, a blockchain security organization, the attack netted 2,760.22 ether and 60 tokens including HBTC, USDT, BUSD, and others. WebCrypto Platform 'Cream Finance' Attacked, Over $30 Million in Tokens Stolen Image A new cryptocurrency platform attack has cast a shadow over the notion of crypto as a whole being extremely secure. The attack was targeting Cream Finance, an entity that describes itself as a "decentralized lending protocol for individuals". highland roofing raleigh nc