Cryptocurrency Analysis and News Portal
In response to the security breach, another Ethereum developer, Tim Beiko, strongly recommended users remove their phone numbers from X accounts and enable 2FA as a security measure. Ethereum co-founder Vitalik Buterin has recently shed light on the cause behind the security breach of his X (Twitter) account. In a shocking
Read More
This week, FTX initiated creditor settlement initiatives, as regulatory efforts commanded significant attention. Meanwhile, Stake fell victim to a multi-million-dollar exploit. FTX moving to settle creditor debt As part of a calculated aim to tackle its sizable debt exceeding $8 billion, FTX started streamlining its digital asset portfolio this week. Their approach entails
Read More
Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to the tune of $41.3 million, blockchain security firms estimate.Stake confirmed that all services resumed at 9:28pm UTC time on Sept. 4 — a few hours after the
Read More
In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a
Read More
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.The past week in DeFi saw developers behind Base and Optimism protocols join hands to develop a revenue and governance sharing framework. The
Read More
Kroll, which did not immediately respond to a request for comment from CoinDesk, is a bankruptcy service provider for numerous companies, not just in the crypto sector. Kroll’s website also promotes a cybersecurity consultancy service, involving “elite cyber risk leaders uniquely positioned to deliver end-to-end cyber security services worldwide.” Original Source
Read More
A group of disgruntled cryptocurrency investors have launched a class action against Atomic Wallet, which suffered a major breach and $100 million in losses in June.Dozens of high-net worth investors from Russia and the Commonwealth of Independent States are part of the class action against Atomic Wallet, the German business
Read More
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.Over two weeks after Curve Finance’s multiple pool exploits, the DeFi protocol has assured the hack victims that it is assessing each impacted
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied RocketSwap Labs has unveiled its strategy for recovering from a forceful hack that seized $865,000 (471 ETH) from the protocol on Aug. 14. The decentralized exchange on Base intends to reintroduce a fresh farming contract and publicly
Read More
Curve Finance, a decentralized finance (DeFi) platform for lending stablecoins, has officially stated its intention to reimburse users who were impacted by the recent breach resulting in a $62 million loss from the system. According to a post by Curve Finance, ongoing investigations are yielding progress, with approximately 79% of the
Read More