Ledger has since attributed the exploit to a phishing attack on a former employee.
Category: defi
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DeFi protocol Venus seeks to patch $270K hole from oracle incident
The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.
What is composability in DeFi?
Composability in DeFi refers to the ability of various protocols and smart contracts to seamlessly connect and interact, akin to building blocks.
Why is Solana (SOL) price up this week?
Increased activity in Solana’s NFT markets and decentralized applications are pushing SOL price back toward year-to-date highs.
Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment
Ether price struggles amid regulatory concerns and a drop in DApp usage.
Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules
The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges.
KyberSwap DEX exploited for $46 million, TVL tanks 68%
The DEX aggregator has been exploited across multiple blockchains with millions in wrapped Ether and other assets stolen.
3 metrics DeFi traders can watch in order to spot the next crypto bull market
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector.
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks.
Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move.