DeFi News Daily Official TheBitTimes.com

Singapore – September 20, 2023   – Zeebu, the pioneering on-chain B2B invoice settlement platform, successfully concluded its Yacht Party during TOKEN2049 in Singapore on September 14th, 2023, setting the stage for an unforgettable evening. The event was a resounding success, attracting a significant number of industry leaders, experts, and investors for an evening of networking and insightful discussions. The Yacht Party also garnered attention from major industry media outlets, including Coingape and Bitcoinworld, further amplifying its impact.   Zeebu made its debut as a sponsor at TOKEN2049 Singapore, reinforcing its position as a key player in the industry’s premier event. The week was filled with excitement for the Zeebu team, with their booth at TOKEN2049 serving as a hub of activity. Zeebu’s co-founder and CMO, Raghavendra Hunasgi, delivered a keynote speech at the conference, further highlighting Zeebu’s commitment to the industry. In addition, Zeebu co-hoste...

Join Our Telegram channel to stay up to date on breaking news coverage BlockSec, a blockchain security company, has successfully prevented a hacker from stealing 2,900 ether (about $5 million) from ParaSpace. Such attacks have been prevalent in the blockchain sector. However, blockchain security companies strive to enhance the sector’s security and transparency.  ParaSpace is a decentralized lending protocol allowing users to borrow various crypto assets on the Ethereum blockchain. The platform enables users to lend NFTs or other assets to receive a percentage of interest and lets users use borrowed funds as collateral. However, a vulnerability in the lending protocol of the smart contract enabled the hacker to borrow assets with fewer NFTs than required as collateral. This allowed the attacker to drain the liquidity protocol. The exploiter’s first attempt failed to execute the transaction because of insufficient gas fees. At the same time, BlockSec detected t...