The founder of decentralized finance protocol Frax Finance says the team is “reasonably sure” about the identity of the criminal that hacked the project’s X account. Frax Finance founder Sam Kazemian alleges that an inside job at X caused the…
The domain of the decentralized internet protocol Frax Finance has been captured by attackers. The protocol posted the news on X (formerly Twitter) on Nov. 1. The project team later reported that they had brought the domain back under control…
Frax Protocol, a fractional-algorithmic stablecoin system, aims to provide a scalable and decentralized form of digital money, thus substituting the first-generation cryptocurrencies such as BTC. What is FRAX? While the collapse of the UST stablecoin has caused additional concerns in…
Partisia Blockchain and Frax have joined forces to a new distributed ledger technology-powered, highly accurate inflation tracker dubbed the Frax Price Index (FPI). The team claims the newly-launched FPI is the blockchain replacement of the hugely criticized Consumer Price Index…
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