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Nalezeno "IT Security": 3498

Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M


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...

Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July


Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...

Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021


Hackers and fraudsters stole a total of USD 670.7m from various crypto protocols during the second quarter of the year, according to a report by major bug bounty and security services platform Immunifi.... Read More: Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021

DeFi Suffers from Too Much Centralization, What Can Be Done?


"If any part of their business model incorporates centralization then it is centralized no matter what other decentralized features it deploys." "It is vital that people understand how the assets they are pledging to a centralized entity are being used." '"If users demand more decentralization...

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