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Attacker Siphons $10 Million in Crypto From Poly Network – Here's What Happened
4.7.2023
A hacker exploited the Poly Network over the weekend and swapped out nearly $10 million in ETH, security firm Beosin revealed.
Poly Network confirmed via Tweet on July 2nd that it became the latest victim of a DeFi exploit, enabling the hacker to mint $34 billion worth of crypto.
Poly Network,...
Report: Over $204 Million Lost to DeFi Hacks and Scams in Q2
3.7.2023
More than $204 million was lost in various hacks and scams in the decentralized finance (DeFi) space during the second quarter of 2023, a new report by crypto portfolio app De.Fi has found.
According to the report, the initial loss for the quarter was as high as $208.5 million before $4.5 million...
EigenLayer hiking restaking capacity for Native & LST restaking
3.7.2023
EigenLayer announced expanding its staking prospects by elevating caps on LSTs (Liquid Staking Tokens.) The latest upgrade will enhance users’ access to staking while maintaining utmost asset security and safety. Achieving such an update requires approval from the Multisignature Governance system....
Poly Network urges users to withdraw after exploit affects 57 crypto assets
3.7.2023
The Poly Network has been exploited again, this time due to compromised private keys according to blockchain security firm Dedaub
Liquid Staking Defi Platforms Now Secure Over 10 Million Ethereum Worth Close to $20B
2.7.2023
Based on recent data, over ten million ethereum is now secured within liquid staking derivatives platforms, with a valuation close to $20 billion at current exchange rates. Two leading liquid staking decentralized finance (defi) protocols, Lido Finance, and Rocket Pool, experienced 30-day growth...
PolyNetwork Attacker Issues “Worthless” Billions in SHIB, BNB, BUSD in Latest Crypto Hack
2.7.2023
An estimated $4 billion worth of malicious token issuances on PolyNetwork will not bear much money for attackers due to low liquidity and security precautions
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
30.6.2023
The top 100 DeFi tokens didn’t see much change in price over the past week, with the majority posting minor weekly gains
Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN in Trading Volume, Binance’s Institutional Clients Remain Optimistic on Crypto
30.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN...
deBridge goes live on the Solana network
30.6.2023
deBridge recently announced going live on Solana after 1+ years of development. The network released a string of tweets to inform users about the integration. According to the tweets, the integration will bring seamless interoperability to Solana. At the same time, it will enable Solana to conduct...
Polkadot uses IBC by Composable Finance
30.6.2023
Cosmos recently announced Polkadot meeting the Interchain. The network has used IBC by Composable Finance to complete the process. According to the official tweet by Cosmos, Polkadot is using the Centauri bridge, the highest standard of blockchain interoperability. Developed by Composable FInance...
Insider Trading Rampant in Crypto Market, According to Ex-Goldman Technologists
29.6.2023
Insider trading is rampant before new ERC-20 tokens are listed on centralized exchanges (CEXs), according to blockchain intelligence firm Solidus Labs.
In a report published on Wednesday, Solidus Labs said it found suspicious transactions ahead of major CEX listings of ERC-20 tokens in 56%...
Liquid Staking Frenzy Spreads to Solana as Drift's 'Super Stake' Offers One-Click Leverage
29.6.2023
Decentralized Exchange PancakeSwap Goes Live on Polygon zkEVM Blockchain
29.6.2023
This will be the popular DEX’s fourth blockchain after Ethereum, Aptos and BNB Chain
New deBridge Feature Lets Solana Users Easily Access Any Ethereum-Based Blockchain
29.6.2023
The firm today launched a tool to allow for limitless information and liquidity transfers between Solana and EVM-based blockchains
COMP Token Rises by 50% in 4 Days Amid Flurry of Whale Activity on Binance
29.6.2023
The native token of decentralized finance protocol Compound (COMP) has surged by more than 50% in four days following a spike of volume and outflows on Binance
Holograph launches on Arbitrum One
29.6.2023
Holograph has announced that it is now live on Arbitrum One, enabling the community to build projects to the best of their abilities. Specifically speaking, the community of Holograph will now be able to deploy, mint, and bridge on the layer-1 ecosystem that is based on Ethereum. Arbitrum brings...
Italy’s central bank calls for framework to prevent stablecoin runs
29.6.2023
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
Compound Founder Forms 'Superstate' to Create Bond Fund With Ethereum for Record-Keeping
28.6.2023
Robert Leshner, CEO of the decentralized lender Compound, has registered a plan with the U.S. Securities and Exchange Commission to sell short-term government bonds that would use the Ethereum blockchain as a secondary record-keeper
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
28.6.2023
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books
Paradigm Co-founder Matt Huang Deems AI 'Too Interesting to Ignore' but Remains Devoted to Crypto
28.6.2023
Matt Huang, co-founder of crypto-focused investment firm Paradigm, says he is still devoted to crypto even though artificial intelligence (AI) in his opinion is “too interesting to ignore.”
"We’ve never been more excited about crypto and we continue to invest across all stages," Huang said Tuesday...