The perfect storm: DeFi hacks will advance the crypto sector moving forward
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: “DeFi will be much safer in 12 months from now.” Go to Source Powered by WPeMatico
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Poly Network hacker returns nearly all funds, refuses $500K white hat bounty
“The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back,” said the hacker. Go to Source Powered by WPeMatico
DAO Maker crowdfunding platform loses $7M in latest DeFi exploit
CipherBlade is conducting an investigation into the hack, and has identified a Binance account associated with the attacker. Go to Source Powered by WPeMatico
Poly Network hacker appears ready to return stolen funds
The Poly Network hacker said they will return the stolen cryptocurrency funds, and have asked for a secured multisig wallet. Go to Source Powered by WPeMatico
Exchange listings and NFT boom lift IoTeX, Rally and Axie Infinity price
Bitcoin and altcoins are cooling off but data from Cointelegraph Markets Pro shows IOTX, RLY and AXS as the top 24-hour performers. Go to Source Powered by WPeMatico
Hackers stole at least $600M in Poly exploit across three chains
Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses. Go to Source Powered by WPeMatico
How yield farming on decentralized exchanges can become less risky
DeFi brings an opportunity to access the yields unseen in traditional finance, now with the competitive risk levels. Go to Source Powered by WPeMatico
Alchemix patches ‘Reverse Rug’ exploit, address $6.5 million shortfall
In an unusual twist for the latest DeFi exploit, the users were the ones to walk away in profit. Go to Source Powered by WPeMatico
Growing pains? DeFi exploits plunder BSC, which calls for reinforcements
Binance Smart Chain is getting overrun by hacks, with CipherTrace brought in to keep the BSC-based DeFi platforms safe. Go to Source Powered by WPeMatico
BSC’s Impossible Finance raises $7M for multi-chain DeFi incubator
DeFi protocol Impossible Finance is building a multi-chain incubator to expand out from BSC. Go to Source Powered by WPeMatico