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Momentum 6 Partners With HydraSwap As a Strategic Investor
16.8.2021
On 15 August 2021, HydraSwap broke the much-anticipated news of its partnership with Momentum 6 to the entire community. Momentum 6, which specializes in investment and business expansion consultancy, has decided to strategically invest in HydraSwap, like many others. It currently targets...
Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14
14.8.2021
How do DeFi protocols get hacked?
14.8.2021
An analysis of several dozen hacks identifies the main vectors and typical vulnerabilities in the decentralized finance sector
Cardano’s Alonzo Upgrade Date Revealed — ADA Gains Over 16% After Announcement
14.8.2021
On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would...
3 reasons why Aavegotchi (GHST) price spiked to a new all-time high
14.8.2021
A play-to-earn style platform, upcoming ‘portal’ sale and the “NFT summer” all back GHST’s 40% breakout to a new all-time high
No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking
14.8.2021
Operational costs are high, but Bitcoin miners are making money hand over fist. Here’s how to join them and profit
Leading DeFi Charity Platform MUNCH Unites the Crypto World With New ‘Charity Circle’
13.8.2021
PRESS RELEASE. Charitable company MUNCH will lead a philanthropic effort called Charity Circle, which will donate to charitable global causes using ETH. 13th August 2021, London, UK — Leading DeFi charity platform MUNCH has announced ‘Charity Circle’ – a philanthropic effort...
Poly Network Says Stolen User Assets on ETH Have Been Returned, Except Frozen USDT
13.8.2021
On Friday, a few days after the initial hack for $611 million, the Poly Network project detailed that the company has obtained all the assets stolen minus the frozen tether that was blacklisted by Tether Limited. The Poly Network team said they are in control of the funds along with “Mr....
The Emergence of Cross-Chain DeFi Platforms
13.8.2021
DeFi is the term to describe Decentralized Finance. It is a growing industry made up of money market protocols designed to allow lenders fair interest payments and let borrowers borrow against their crypto assets, which the banks do not yet offer. The top DeFi platforms are AAVE, Compound,...
'Shall We Play a Game', Asks Poly Network Hacker Upon Returning the Funds
13.8.2021
As nearly all stolen funds from the massive hack of the decentralized finance (DeFi) interoperability protocol Poly Network have been returned, the hacker continued their Q&A session, consciously providing some clues about their identity - as well as saying they have been offered half a million...
Reef Finance Incorporates Jax.Network Into Its Marketplace
13.8.2021
The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with...
Poly Network hacker returns nearly all funds, refuses $500K white hat bounty
12.8.2021
"The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back," said the hacker
These 3 metrics suggest there’s still time for another ‘DeFi Summer’
12.8.2021
Soaring token values, a steady inflow of new users and a TVL approaching all-time highs are all signs that the DeFi sector is heating up
Poly Network Hacker Says ‘In the Defi World Code Is Law’ While Returning Millions in Defi Tokens
12.8.2021
Two days after the notorious Poly Network hack, the hacker continues to send funds back to the project. On August 12, the Poly Network hacker so far has returned millions worth of ether, thousands of uni tokens, 1,032 wrapped bitcoins, and 96 million in stablecoins. The day prior, after returning...
DAO Maker crowdfunding platform loses $7M in latest DeFi exploit
12.8.2021
CipherBlade is conducting an investigation into the hack, and has identified a Binance account associated with the attacker
Iran’s tax authority wants to legalize crypto exchanges
12.8.2021
The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly
Forward Protocol Joins Reef Chain via Reef Finance
12.8.2021
On August 11, Reef Finance welcomed Forward Protocol on the Reef blockchain network’s ecosystem. Forward Protocol is renowned for its unorthodox methods, which seek to augment the quality of learning. Their USP is a decentralized and self-reliant network. They will grant the international...
Poly Network Hacker Keeps Sending Funds Back, Returns USD 342M
12.8.2021
The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network has returned more than half (in USD terms) of the stolen funds so far.
Per the latest data provided by Poly Network, as of August 12, almost USD 342m of assets has been returned. This includes:
On Binance Smart...
SushiSwap CTO reveals why the project isn't scaling on Optimism anytime soon
12.8.2021
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...