Month: July 2022

Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen

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According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker … Read more

Top 3 Metaverse Crypto Coins Below $100 Million Market Cap (July 2022)

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Cryptocurrency markets remain highly volatile as the bear market is in full effect. The good news is that in recent days, the market seems to have stabilized and continues to trade sideways as Bitcoin and Ethereum manage to hold support. With the current low prices, many Metaverse crypto coins are on sale, and those with … Read more

Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M

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According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up … Read more