Search
Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M
7.7.2022
The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation.
The team announced today that "after...
Crema Finance Attacker Returns Almost $8M, Keeps $1.7M Bounty
7.7.2022
The protocol had more than $9 million worth of cryptocurrencies stolen from its platform over the weekend in a flash loan attack
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
7.7.2022
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker...
Crema hacker returns $8M, keeps $1.6M in deal with protocol
7.7.2022
The Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty
DeFi protocol Porter Finance shuts down bond issuance platform after just one month
6.7.2022
The firm cited better interest rates from traditional finance loans and regulatory risks in mulling the bond platform
Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'
6.7.2022
The venture capital-backed Porter Finance said the lack of “institutional fixed income DeFi adoption” drove its decision
Rishi Sunak Resigns as UK Finance Minister
5.7.2022
Rishi Sunak resigned from being the U.K.'s chancellor of the exchequer on Tuesday
Solana-Powered Crema Finance Loses Almost USD 9M in Flash Loan Attack
4.7.2022
Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has lost over USD 8.7m worth of crypto assets in a flash loan attack that drained its liquidity reserves.
The protocol's official Twitter account confirmed the hack on Sunday and announced the temporary...
Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad
4.7.2022
The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulator’s latest position on the matter comes after it softened its stance on the possible use of cryptocurrencies...
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen
3.7.2022
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions —...
Crema Finance shuts liquidity protocol on Solana amid hack investigation
3.7.2022
While awaiting Crema Finance’s report on the situation, the Crypto Twitter community took it to themselves to track down the hacker’s wallet and better understand the problem
Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined
1.7.2022
While price volatility remained a key factor, major DeFi tokens registered double digit loss over the past week as the DeFi TVL hovers near $50 billion mark
From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
1.7.2022
Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking
Troubled Crypto Lender Babel Finance Looking to Hire Restructuring Specialist Houlihan Lokey: Sources
1.7.2022
Babel is in the process of signing an engagement letter with the investment banking firm, a source said
Financial Companies Report First Deal With Digital Assets Under Russian Law
1.7.2022
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
1.7.2022
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST...
Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies
1.7.2022
PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market....
Someone Reportedly Bought Up $40k Of Stock To Ask Nintendo About F-Zero
1.7.2022
Many Nintendo fans desperately want a new entry in the popular sci-fi racing series, F-Zero. However, only one diehard fan was reportedly dedicated enough to spend over 5 million yen (roughly $40,000 US) on Nintendo stock, giving him a chance to ask the Japanese publisher about F-Zero and...
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
30.6.2022
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...