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Lifi Finance Hit by $8 Million Exploit, Warns Users to Avoid Applications


According to reports, the decentralized finance (defi) protocol Lifi Finance experienced an $8 million loss due to an exploit. Lifi confirmed the breach on X and advised users to avoid interacting with Lifi-powered applications. Lifi Finance Loses $8 Million to Exploit On Tuesday, the onchain...

Someone Got GTA: Vice City Running On An Internet Router


Doom isn’t the only game getting ported to devices that were never intended to run a video game. Grand Theft Auto: Vice City, Rockstar Games’ massively popular open-world crime game released in 2002, is also getting in on the fun. Thanks to a skilled tinkerer, the classic game is now playable on...

NEAR positioned live on Router’s Testnet Mandara


NEAR, an advanced non-EVM blockchain, is now placed live on Router’s Testnet Mandara. Due to Router Nitro, which is their landmark dAPP, users within the NEAR ecosystem will now have the option of shifting test tokens towards and back to NEAR and placing them on various backed chains. Following...

‘FTX Drainer’ Resurfaces: Moves $8M ETH to Defi Platforms


Per onchain evidence, the culprit dubbed the “FTX drainer” shifted 5,000 ethereum valued at approximately $8 million, gauged by today’s exchange rates. This marked the first movement of the funds in nearly a year, with the malefactor channeling the ether into the decentralized...

Babylon’s testnet incorporation with Router Protocol


In the past few years, the blockchain industry has been involved in a number of computation and decentralized finance-related innovations. Because of its widespread adoption, this has several upgradeable features. Out of this has mushroomed various Layer 1 and Layer 2 solutions, with their...

Acala’s liquidity boost: Multichain Router 1.0 unleashed!


Acala Network has taken a huge step forward with the launch of its Acala Multichain Asset Router 1.0, a revolutionary and pioneering technology that will completely transform the multichain ecosystem. This new solution provides developers and users alike with an improved experience in...

The Fall of Multichain: A Tale of Unexpected Turbulence and Security Breaches


In an unforeseen chain of events that unfolded between May and July 2023, the CEO of Multichain, Zhaojun, was apprehended by Chinese authorities, destabilizing the blockchain project. The situation escalated when user assets began to be transferred to unknown addresses. From Seizure to Shutdown:...

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