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Mixin Network has temporarily suspended its deposit and withdrawal services following a major attack, jeopardizing over $200 million in crypto assets. A defi protocol Mixin Network has verified a report from blockchain security firm SlowMist, confirming a hack involving over $200 million. 🚨SlowMist Security Alert🚨On September 23, the Mixin Network cloud service
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Enter crypto staking yields, or more specifically, “post-Shapella” staking yields. Since the Shapella upgrade of the Ethereum network, users can stake and unstake their ether (ETH) at will, significantly de-risking staked ETH from a liquidity standpoint. This has been reflected in the staked ether, or stETH, discount to ETH, barely
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Mixin Network immediately suspended the deposits and withdrawals stating that they would soon announce their decision to deal with the lost assets. Earlier today, the decentralized finance (DeFi) project Mixin Network announced the suspension of all deposits and withdrawals after losing $200 million in crypto assets in a recent hack.
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A new analysis by investment management fund VanEck revealed that economic activity in the DeFi sector dropped 15.5% in August. Blockchain Capital, on
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Balancer DAO, a decentralized autonomous organization governing the protocol, protocol thanked a team of security experts for their help following a DNS attack on a top level .fi domain registrar employed by Balancer. Balancer DAO called attention to SEAL 911, a Telegram bot built during the Curve Wars that ensued following
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After the XRP token recorded an all-time high in daily trading volumes for crypto exchanges in the US, the Ripple ecosystem has
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On-chain data appears to show the attacker has stolen over $200,000 from users. Source
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Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently "under an attack."The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users to not interact with Balancer's protocol until further notice.The balancer frontend is under an attack. The issue is currently under investigation.
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The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head of the agency’s Crypto Assets and Cyber Unit. Source
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Venture capital group Blockchain Capital announced the closing of two new funds, totalling $580 million, for investment in infrastructure, gaming, DeFi and consumer/social technologies.The funds will operate as Blockchain Capital’s sixth early stage fund and its first “opportunity fund,” with the latter serving as an inroad to companies who’ve already
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