Crypto losses to hacks exceed $313M in August
The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
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Alchemix reports return of all stolen funds from Curve pools
The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd. 322 Total views 3 Total shares Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over…
YFI price soars to $38.8K hitting $1B market cap — can it go higher?
Yearn.finance’s YFI token achieved a new record high at $38,883, as its market capitalization surpassed $1 billion. Yearn.finance’s native token YFI has surged by more than 75% in the last 24-hours, achieving a new all-time high at $38,883 on Binance in it’s (USDT) pair. The strong upside move also brought the DeFi-token’s market capitalization above…
Wiki continues to accept crypto donations despite pressure to stop
Crypto donations will still be accepted at Wikimedia Foundation as the foundation wishes to be “as inclusive as possible.” 190 Total views 25 Total shares Following a proposal from users to stop accepting crypto donations to Wikimedia Foundation, the nonprofit confirmed that it would proceed with crypto donations. Contributors banded together to urge the foundation to…
Alex Labs rolls out post-exploit recovery plan
Alex Labs has revealed a recovery roadmap and enhanced security measures post-exploit aimed at rebuilding community trust and resuming operations.
France’s Interrogation of Alleged BTC-e Owner Alexander Vinnik Was ‘Fake’, Says Attorney
Alleged former owner of crypto exchange BTC-e Alexander Vinnik was indicted and subjected to a "fake" interrogation by French prosecutors on Tuesday, August 28, his attorney Timofey Musatov told Russian news outlet Izvestiya Thursday, August 30.Musatov claims that his client Vinnik was brought to a court in Greece where he is currently awaiting extradition and…
Most ‘organic’ Bitcoin pump in years — trader explains why a blow-off top is unlikely
Bitcoin on-chain analyst Willy Woo sees three reasons why a blow-off top is unlikely to happen anytime soon for BTC price. 1199 Total views 16 Total shares Despite Bitcoin's (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons.The three factors are…
Coinbase, Pantera Capital Participate in $2.4M Seed Round of DeFi Startup
Decentralized finance (DeFi) startup InstaDApp has secured $2.4 million in a seed round from an array of strategic investors, including Coinbase Ventures and Pantera Capital.New fundingPer an Oct. 1 blog post, InstaDApp saw funding from investment firms Coinbase Ventures, Pantera Capital, Robot Ventures, venture capital company IDEO Colab and a number of other investors. InstaDApp…
Ethereum derivatives look bearish, but traders believe the ETH bottom is in
Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28.Newsflow remained negative after the United States Treasury…