Industry News & Insights
New Lossless team addition: meet Aleksandar, Solidity Developer!
Not every day we get to welcome a new member to our team, but it’s a great joy every time. But it’s surely even more exciting when smart and talented people see potential and value in what this Lossless collective is trying to achieve and then choose to embark on the same path together. That’s […]
Lossless: Introducing a new industry
Since its early days, the decentralized finance (DeFi) market has attracted all sorts of malicious characters trying to exploit it. They have been drawn by the sheer amount of funds passing hands, the anonymity it provides, and the lack of efficient prevention mechanisms. Their attacks have cost the DeFi market billions of dollars worth of […]
Announcing Lossless and PolkaFoundry Partnership!
Lossless is thrilled to announce a new partnership with PolkaFoundry, one-stop production hub for DeFi & NFT Applications on Polkadot. Although up to this point, blockchain and DeFi have primarily been used to facilitate many aspects of life, applications of the technology can still go far beyond. Our partnership’s objective is to support promising applications […]
DeFi market is Growing and so Is The Volume of Hacks
Decentralized Finance (DeFi) has taken the world by storm thanks to its many advantages, primarily its ability to allow users to control their privacy and finances. This market, built on the foundations of decentralization and immutability, along with removing third-party mediators from the equation, has recorded staggering growth in 2020. To illustrate, Uniswap — the service that […]
Introducing the Lossless Protocol — Product Development Update #1
Over the last couple of months, we’ve been working hard on protocol development and have finally achieved one of the major milestones in our roadmap. By now, everyone in the crypto space is pretty familiar with ERC20 — the Ethereum token standard. The reason that ERC20 is so popular is that it simply gets the job done- […]
How Lossless could mitigate major hacks — The PancakeBunny case study
The DeFi market is still very new, which is why it continues to experience some growing pains. One of these pains, and also the most damaging one, are the constant hacks that exploit its vulnerabilities and lack of regulation. The hackers are motivated by the sheer amount of money constantly passing hands here. According to […]