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Second, and as discussed above, the CFTC cites the respondents’ public statements and marketing as examples of business control. For example, the commission points out that the co-founders “made public statements, appeared in interviews, wrote articles, led calls with community members that are publicly available on YouTube and otherwise publicly
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DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist. “#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted. bZx responded in a tweet
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The Cboe is known to be backing VanEck’s Bitcoin ETF move, which is similarly under consideration by the SEC.The Cboe BZX Exchange has backed the Fidelity-linked Bitcoin Exchange Trade Fund (ETF) application dubbed Wise Origin Bitcoin Trust. The move was confirmed in a 19b-4 form filed by the exchange and
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Hackers hit DeFi protocol bZx again, derivatives traders have placed bets bitcoin will hit $30,000 by year’s end and the latest twist in the SushiSwap saga. Top shelfHacked againDecentralized finance (DeFi) protocol bZx is the victim of yet another hack – this time costing nearly $8 million. On Sunday, an unnamed attacker apparently tricked
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DeFi lending protocol bZx suffered another attack last night, the second in seven months. This time, faulty code was
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An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx. Source
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Earlier this week, the decentralized lending protocol bZx was exploited in back-to-back “flash loan” attacks. While the two exploits were distinct, the end results remained the same. In total, $954,000 was gleaned from the platform. But what exactly happened? Was it an exploit, a simple case of arbitrage or
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Insurance works in crypto so far, though it hasn't had many big tests yet.Not many people had insurance on assets locked up in bZx’s Fulcrum, but after a bug yielded an exploit of its smart contract, a couple of accounts that did were covered by Nexus Mutual, the London-based crypto
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Bad actors have made off with $630,000-worth of the ether (ETH) cryptocurrency after exploiting a price feed of the ethereum-based lending project bZx. The attack – the second in less than a week – began at just after 03:00 UTC Tuesday, when attackers apparently took out a flash loan of
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Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000.According to bZx’s report, the protocol was compromised for the first time on Feb. 14, when the team was at the ETHDenver industry event.
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