Quick take: DeFi hackers have made off with over $10 million in Ethereum (3,540 ETH) from Saddle Finance The loss could have been higher, but white hat hackers from Block Sec Team rescued $3.8 million worth...
Summary: Lending pools belonging to Rari Capital and Fei Protocol have been attacked A total of $80 million has been lost in the latest DeFi hack The hack was due to a typical reentrancy vulnerability Fei...
Quick summary: Developers of TON wallet have added crypto payments functionality to the Telegram messaging application Telegram’s 550 million users can now send and receive TonCoin (TON) on the app They can also buy Bitcoin through...
Summary: The Ronin Network team has published a postmortem report on the exploit that happened on March 23rd The report explains that a Sky Mavis employees are under constant advanced spear-phishing attacks on various social networks...
dYdX is facing criticisms of centralization and censorship from the crypto community over recent blockings. A few users have been sent messages saying that they have been permanently blocked for jurisdictional reasons. Executives from Starkware, associated...
Quick take: Terra’s founder, Do Kwon, believes that the more blockchains issue their own stablecoins, the more likely UST will win Do Kwon was commenting on the impact of Tron issuing its USDD stablecoin According to...
Summary: The US State of New York, through its legislators, has introduced bills aimed at criminalizing crypto fraud and rug pulls The first one, bill S8839, is in the New York Senate and establishes certain offenses...
Quick take: A spreadsheet has been shared on Twitter allegedly showing how much Twitter influencers get paid to shill crypto projects Twitter influencers with higher followers are paid more to shill a tweet and retweet Shilling...
Quick summary: Beanstalk DAO has reportedly been exploited for $75 million through a flash loan The exploiter might have used a proposal to ‘Give 250k Bean to Ukraine’ to kick-start the exploit PeckShiled Inc. has notified...
Summary: Uniswap Labs has launched a venture unit dubbed Uniswap Lab Ventures Uniswap Lab Ventures (ULV) aims to fund projects focusing on web3 that are aligned with the company’s vision The team at ULV will also...
Summary: Near Protocol is set to launch its very own algorithmic stablecoin known as $USN The launch of USN will be in partnership with other well-capitalized stablecoins to offer attractive APYs in the Near ecosystem Near...
Quick take: The team at Convex Finance has patched a rug pull vulnerability worth $15 billion The bug was discovered after Coinbase tasked OpenZeppelin with conducting a security review of Convex Finance OpenZeppelin discovered the vulnerability...