Tag: DeFi

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Today in Crypto: Crypto Hackers & Fraudsters Stole $1.62 Billion in Q4 Alone, Silvergate Cuts 40% of Workforce, US SEC Brings Charges in CoinDeal Investment Scheme

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Crypto Hackers & Fraudsters Stole $1.62 Billion in Q4 Alone, Silvergate Cuts 40% of Workforce, US SEC Brings Charges in CoinDeal Investment Scheme  Read more »Sign up for…
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End User Scams and Phishing Attacks in Web3: Are They Being Underreported?

According to Christian Seifert, an expert in cybersecurity, end users in the cryptocurrency space are facing numerous attacks that often go unreported. In order for widespread adoption to occur, it is necessary to address the security concerns of Web3 technologies and increase the trust of end users in these systems…. Read More: End User Scams…
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DeFi auditor nets $40,000 for identifying Uniswap vulnerability

A security firm flagged a now-fixed vulnerability to Uniswap, highlighting the potential for reentrancy attacks on the protocol’s Universal Router smart contract. Uniswap’s recently launched bug bounty program has led to the discovery of a now-fixed vulnerability of the protocol’s Universal Router smart contract. The automated market maker released two new smart contracts to its platform…
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Today in Crypto: Ukrainian Pharmacy Partners with Binance to Offer Crypto Payments, Sushi Shutting Down Two Products

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ukrainian Pharmacy Partners with Binance to Offer Crypto Payments, Sushi Shutting Down Two Products  Read more »Sign up for e-EUR – the progressive stablecoin

Today in Crypto: $62M in Crypto Stolen in December, Gaming Giant Square Enix ‘Most Focused’ on Blockchain Entertainment

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: $62M in Crypto Stolen in December, Gaming Giant Square Enix ‘Most Focused’ on Blockchain Entertainment  Read more »Sign up for e-EUR – the progressive stablecoin

Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO

Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such secure solutions has constrained the…
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As the Industry’s Backbone, DeFi Will Continue to Build Through the Crypto Winter

Mariano Di Pietrantonio is the Head of Strategy at MakerGrowth, a core unit of MakerDAO, the lending platform that manages the DAI stablecoin.__________… Read More: As the Industry’s Backbone, DeFi Will Continue to Build Through the Crypto Winter  Read more »Sign up for e-EUR – the progressive stablecoin

Aave DeFi Platform Freezes 17 Crypto Markets on Platform Due to Volatility Concerns – More Trouble on the Way?

Major decentralized lending protocol Aave has “temporarily” frozen its lending services across 17 markets citing excess volatility that could pave the way for market manipulation attempts.  The DeFi protocol passed a governance vote on the matter yesterday, with almost all members casting their votes in support of the proposal. More specifically, less than 0.01% of AAVE holders…
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JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse

JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published…
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ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched

The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame. United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service. Blockchain…
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