Automated Market Maker (AMM)

When AI and crypto come together, it swings! Autonomous agents create millionaires and disrupt decentralized finance.

'Web2 is not safe,' comments Curve Finance, which also fell victim to a cryptocurrency hack resulting in a loss of $52 million at the end of July. Balancer, a decentralized finance (DeFi) protocol deployed on Ethereum, has reported a recent attack on its frontend resulting in the loss of $238,000 in cryptocurrencies. Thus, the list of DeFi hacks continues to grow. Let's break it down!