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Nalezeno "Nomad Bridge": 17

Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy


Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...

Over USD 36M Returned to Nomad Bridge's Fund Recovery Address


Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery." According to Etherscan transactions, the recovery wallet...

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