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500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report – Bitcoin News

On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than $7

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Web3 Domain Name Service ENS DAO Loses Its Web Address Because Virgil Griffith, the Programmer Who Could Renew It, Sits in Jail

According to Khori Whittaker, the Executive Director of ENS, “Virgil Griffith, who was working at the Ethereum Foundation when ENS launched, was an early contributor to the ENS protocol. Because ENS is a permissionless protocol, anyone can build dApps on top of it, which is the case for Virgil’s involvement

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NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as little as 15 wrapped Ether (wETH) worth $23,715 to pay back lenders. Approximately

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Fei Protocol founder proposes ghosting Tribe DAO following hack repayment

An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes damage to the ecosystem. Fei Labs’ latest proposal, which partly recommends revoking participation from Tribe DAO, received mixed

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