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...
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...
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: 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 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: Apecoin (APE) continues to break records in the crypto markets The funding rate of Apecoin perpetual contracts has reached the maximum lower limit of -0.75% Open interest on Apecoin futures contracts has reached $677 million...
Summary: The hacker responsible for the 2017 Parity Multisig Exploit has laundering ETH through the popular mixer of Tornado Cash The attacker has laundered over 9,000 Ethereum, worth $25.5 million, through Tornado Cash The funds were...
Summary: According to PeckShield, $1.57 billion in digital assets has been stolen from DeFi protocols in the first four months of 2022 This amount has surpassed the total stolen in 2021: $1.55 billion Beanstalk Farm’s $182...
Reports have emerged saying that the Indian tax department is considering imposing an additional 20% tax deducted at source on DeFi, as well as an equalization levy. India already imposes a 30% tax on crypto gains...
Summary: Individual teams at Cardano and IOST have announced plans to launch algorithmic stablecoins On Cardano, the stablecoin coin will be known as Djed, and its network is currently in the Testnet phase Concerning IOST, the...
Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash...
Quick take: Compound Finance’s Treasury has received a B- credit rating from S&P Global Ratings This makes Compound Finance the first institutional DeFi offering to be rated by such a credit agency Traditional institutions have begun...