Category: $1.4 million

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Yearn.finance Ask Traders to Return Gains Following $1.4 Million Multisig Error- What’s Going On?

December 14, 2023

Source: AdobeStock / Sergey Nivens Decentralized finance (DeFi) protocols Yearn.finance has called on arbitrage traders to return excess profits they accrued as a result of a multi-signature scripting error that led to a $1.4 million drain. In a Dec 11 GitHub post, the protocol’s contributor, “dudeshan” disclosed that during a fee token conversion, the multi-signature…
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Rare 2010 Bitcoin Block Reward Stirs After 13 Years of Dormancy

July 25, 2023

On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have been spent, resulting in the transfer of 450 bitcoins. 2010…
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