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Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins


Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...

Peertec, hiblocks Joins Blockchain Platform of Kakao GroundX


In an important development, the Klaytn blockchain platform has got Peertec and hiblocks on board to spread the adoption of peer-to-peer protocol among a variety of customer segments. Just so you know, Klaytn platform, operated by the GroundX, is a part of the Kakao group, which is a market leader...

Hacked DeFi Platform Opyn Says They Will Reimburse the Victims in Full


Options issuance platform Opyn said that they would reimburse the victims of a hack that occurred less than a day ago. "We will be reimbursing ETH put sellers in full who were affected by the vulnerability," Opyn said this morning (UTC time). They added that more details on...

Tencent to Co-launch Blockchain-powered Wine Traceability Platform


Source: Adobe/Ekaterina_Molchanova Chinese tech giant Tencent has unveiled a wine traceability platform using blockchain technology – in conjunction with the nation’s biggest and oldest wine producer. Per the China News Network, Tencent’s deal with China's biggest winery, Changyu, will be...

Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours


The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...

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