Search

Nalezeno "defi": 11310

Jared Grey confirms SushiSwap lost $3.3M in token allocation

10.4.2023
Jared Grey, the Head Chef of SushiSwap, recently confirmed that the platform was attacked. According to the latest tweets, the platform lost over $3.3 million. The breach occurred in RouterProcessor2 that led to sifuvision.eth losing 1800 ETH. SushiSwap has reported that one attacker has returned...

SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack – Here's What Happened

10.4.2023
Popular decentralized exchange (DEX) platform SushiSwap has suffered more than $3.3 million in losses after a hacker exploited a bug in a smart contract. More specifically, the DEX saw its RouteProcess02 contract, a smart contract that aggregates trade liquidity from multiple sources...

Sushiswap Smart Contract Bug Results in Over $3M in Losses; Head Chef Says Hundreds of ETH Recovered

10.4.2023
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple...

How Utility NFTs Will Drive Mainstream Web3 Adoption

9.4.2023
Ken Timsit, is Head of blockchain startup accelerator Cronos Labs and Cronos Chain.__________ Non-fungible tokens (NFTs) were perhaps the most publicly followed hype cycle, with celebrities from Justin Bieber to Madonna dropping NFT collections for their fans over the past couple of years....

Solana's Latest Tech Solution Aims to Dramatically Reduce On-Chain Storage Costs – Here's How it Works

7.4.2023
Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain. In a Thursday blog post, Solana Foundation tech lead Jon Wong said the "state compression" technology would bring down the cost of minting 1 million non-fungible tokens...

Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open

7.4.2023
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: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors...

U.S. delivers 2023 DeFi Illicit Finance Risk Assessment

7.4.2023
The U.S. Treasury Department happened to have delivered the 2023 DeFi Illicit Finance Risk Assessment. This happens to be the very first of its kind in the whole world ever. It was carried out on the topic of decentralized finance (DeFi). Risk assessment is useful in protecting the U.S. financial...

US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money – Regulation Incoming?

7.4.2023
The US Treasury has revealed that North Korean hackers and scammers exploit loopholes in the decentralized finance (DeFi) space to launder money and hide criminal activity. In a Thursday report, the federal agency claimed that North Korean hackers and other groups engaged in illicit activity have...

US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

6.4.2023
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.”...

Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown

6.4.2023
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted

North Korea and criminals are using DeFi services for money laundering — US Treasury

6.4.2023
Despite the warnings on DeFi, Treasury noted that "most money laundering, terrorist financing, and proliferation financing" occurred using fiat or outside the crypto ecosystem

Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges

6.4.2023
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours....

U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money

6.4.2023
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime

ApeSwap announces the release of ApeSwap V3

6.4.2023
ApeSwap has taken this opportunity to officially announce the release of ApeSwap V3. This makes use of the most recent industry benchmark strategy for focused liquidity. The scalability will provide advantages for both ApeSwap and its connected users in the form of a higher level of capital...

Crypto security audits and bug bounties are broken: Here’s how to fix them

6.4.2023
Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don’t pay out bug bounties?

M11 Credit Restarts Crypto Lending on Maple Finance After FTX Fallout – Here's What You Need to Know

6.4.2023
Blockchain-based financing firm M11 Credit has resumed crypto lending on the decentralized credit marketplace Maple Finance. The news of the resumption of service was announced in a Twitter thread from M11 Credit on Wednesday, where the firm also said it had upgraded its underwriting...