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dForce confirms return of $3.65M exploited funds back to vaults


dForce, the popular DeFi protocol, recently announced the return of its 3.65 million dollars lost to an exploit. All the exploited funds have been returned to the Arbitrum and Optimism vaults. Peckshield, the on-chain security firm, confirmed that dForce had a security breach on February 13. dForce...

Good news doubles for Carbonplace: New CEO’s arrival & $45M raised


A lot of recent activity seems to be happening at Carbonplace. At the present moment in time, it has managed to become independent and also has been able to bring on board Scott Eaton as the new CEO. Together with all of that, it has even been able to acquire for itself a funding amount …

MakerDAO manages to increase profit to $19 million


The year 2022 turned out to be not at all in favor of MakerDAO. It painted quite a solemn picture for the second-in-line DeFi protocol. It happened to have witnessed a full 79% downfall in terms of operating earnings. Even its top-rung revenues saw a downward slide to the extent of 42%. However...

Gemini to pump $100 million into Genesis for its bankruptcy recovery


Earn users have seen a fall that no one expected. Their holdings are stuck with withdrawals halted by – now a bankrupt venture – Genesis. Gemini appears to be coming to the rescue of the Earn users by announcing its plan to pump $100 million into Genesis for bankruptcy recovery....

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts


Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....

Orion Protocol suffered a loss of $3 million on ETH & BSC


Orion Protocol suffered a total loss of $3 million on ETH and BSC. This was first visible on Twitter, followed by an announcement by Orion’s CEO. He, however, claimed that the harm that was done was contained to an internal broker account. In his statement, the user funds happen to be safe....

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