Friday, April 19, 2024
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Ankr Reveals Former Employee behind $5M Protocol Exploit, Looks to Beef Up Network Security

Ankr announced that it has made sweeping changes to its security outlook following a protocol exploit by an ex-employee. DeFi protocol Ankr has ascribed the recent malicious $5 million exploit it suffered to a former employee. The platform has stated that it would shore up its defenses to avert similar recurrences and

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Aave taps Pocket Network to beef up decentralized app development

Aave (AAVE), an open source decentralized finance (DeFi) protocol, is teaming up with decentralized Web3 infrastructure provider Pocket Network to offer developers increased scalability and ease of use when building decentralized applications (DApps) on the Aave Protocol.According to the statement on Tuesday, Aave will use Pocket's distributed network of more than

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