Another DeFi exit scam just made off with $20M in investor funds

Over the past five days, Bitcoin (BTC) has rallied more than $1,000, from $7,770 to $8,835, giving the crypto space hope of further upside.Bitcoin’s Oct. 11 daily candle, however, faced rejection near a few key levels, showing that crypto’s largest asset is still struggling to hit the $9,000 mark. Daily crypto market data. Source: Coin360Bitcoin rejected…

The attacker launched a public poll on Mirror’s official website, which falsely proposes a freeze on the community pool in case of a scam. If executed as planned, the attacker would receive 25 million MIR tokens. 805 Total views 32 Total shares Public blockchain network Terra has confirmed an ongoing scam attack via an official…

The DAO was initially served with a lawsuit via a help chat box but a federal judge said the regulator “should serve at least one identifiable Token Holder.” 1426 Total views 21 Total shares Own this piece of crypto history Collect this article as NFTA United States federal judge has ordered the Commodities Future Trading…

Venus Protocol and Blizz Finance announced that their protocols were exploited due to the difference in LUNA market price and price feed as Chainlink paused the LUNA oracle. 2099 Total views 11 Total shares The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price…

China’s cyberspace commission has issued approvals for 224 blockchain projects, including ventures from the country’s major tech companies. 554 Total views 25 Total shares China’s Office of the Central Cyberspace Affairs Commission (OCCAC) has announced its third round of blockchain projects to receive approval from the country's regulators.224 distributed ledger technology (DLT) ventures have been…

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South Korea’s central bank, the Bank of Korea (BoK), has cautioned of another possible widening of the gap in crypto prices between local and foreign exchanges, local news agency No Cut News reported September 11.In the report, the bank warned the public about another possible emergence of the so-called “kimchi premium,” a phenomenon consisting of…

Tokenization, today, is no longer a buzzword but a phenomenon that needs more comprehension. Over the years, on-chain tokenized securities have gained acceptance among the big shots of the finance sector that want to leverage it for newer investment opportunities.  As understood, converting traditional securities such as real estate assets, stocks, bonds, etc., into digital…