Oracle exploit drains $7.6 million from Rho Markets liquidity protocol
Rho Markets has already paused its platform in response to the security breach.
Related Posts
LTC Founder Charlie Lee Discloses Investment in BTC Development Firm Casa
On Aug. 16, Litecoin (LTC) founder Charlie Lee disclosed in a tweet that he is “an investor in Casa,” a Bitcoin (BTC) personal key security firm. He also noted that he has high hopes for the company:“I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as…
Mt. Gox sees $3.2B BTC in outflows in just two hours
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.
More volatile than Bitcoin? Netflix shares plunge 25%
The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. 409 Total views 20 Total shares The stock market has once again made crypto look stable by comparison with the Netflix (NFLX) stock price dropping 25% in after-hours trading tod.The…
Binance vs SEC: Hearing in Washington, DC, over BAM motion to compel starts now
The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the regulator's case against it. 495 Total views 2 Total shares Binance CEO Changpeng Zhao played it cool in the hours leading up to the hearing in District of Columbia District Court on Sept. 18, posting
Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal. 566 Total views 3 Total shares Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent "force majeure" incident impacting Multichain and the stability concerns surrounding anyUSDC, Fantom's main USDC asset. To address these concerns…
Reuters: Brazil’s Antitrust Agency Launches Probe Into Major Banks Regarding Crypto Trade
Brazil’s antitrust regulator is reportedly inspecting six major national banks for alleged monopolistic practices in the crypto space, Reuters reports September 18.Brazil’s antitrust regulator, the Administrative Council for Economic Defense (CADE), which operates under the Ministry of Justice (MJ), has purportedly launched a probe on Tuesday to find out whether the country’s largest banks closed…
Dolce & Gabbana face class action lawsuit after NFT delivery kerfuffle
The suit alleges that delays in delivery caused purchased NFTs to lose 97% of their value.
Canada: Birks Group Jewelry Retail Giant Begins Accepting Bitcoin in Eight Locations
Major Canadian-based jewelry manufacturer and retailer Birks Group has begun accepting Bitcoin (BTC) through a partnership with U.S. payment processor BitPay, the company confirmed in a press release Nov. 28.Birks, which has operated since 1879, will initially accept the largest cryptocurrency in eight of its 30 domestic stores in Canada.Seven are already servicing Bitcoin payments,…