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BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value Go to Source Powered by WPeMatico
Despite the sanctions on the crypto mixing service, the bad actors behind January’s biggest exploit have deposited millions worth of funds into Tornado Cash. Go to Source Powered by WPeMatico
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as “cluster instability” and indicated that a coordinated restart was launched to accelerate block finalization. Solana Blockchain Deals With ‘Large Forking Event’ … Read more
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that same … Read more
The counter exploit came after the High Court of England and Wales ordered Oasis.app to work with Jump Crypto to retrieve the stolen funds. Go to Source Powered by WPeMatico
According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponzi scheme. Go to Source Powered by WPeMatico
Crypto’s value increases with more users, creating a positive feedback loop due to the network effect. Go to Source Powered by WPeMatico
A recent Binance report details the status of Ethereum staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted. Go to Source Powered by WPeMatico
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting … Read more
Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry. Go to Source Powered by WPeMatico