Category: Liquidity Pool

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Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’

The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening positions will relaunch next week.” ‘Precognition Oracle Attacks’ The decentralized finance (defi) platform, Levana Protocol, recently confirmed that it was…
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KyberSwap DEX hacker sends an on-chain message: Be nice, or else

The exploiter behind the $46 million KyberSwap hack says they plan to outline a treaty for the potential return of funds on Nov. 30, but not if threats and hostilities from execs keep up. The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the hostilities,…
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New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap

A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset in terms of market capitalization, valued at just over $130 million.…
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‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack

Gala Games said the unusual activity of its pGALA token was actually part of efforts to safeguard it from potential attack. Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a  multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%. The initial panic, which Gala…
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ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool

Later, the hedge fund manager reportedly purchased more than $22.50 million worth of ETH tokens from FTX and Deribit. Ethereum’s native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido’s liquidity pools. The Singapore-based hedge fund manager provided liquidity…
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