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Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds

Decentralized finance (DeFi) protocol Harvest Finance has upped its bounty from $100,000 to $1 million  for information leading to the return of $24 million in siphoned funds taken in an exploit Monday.According to the Harvest Finance Twitter and Discord account, the anonymous Harvest Finance team is offering the bounty for

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Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit

An arbitrage trade exploiting weak points in decentralized finance (DeFi) protocol Harvest Finance led to some $24 million in stablecoins being siphoned away from the project’s pools on Monday, according to CoinGecko.According to reports, an attacker used a flash loan – a technique that allows a trader to take on

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Blockchain Bites: DeFi’s Harvest Hit, IRS’ Crypto Clarification, JPMorgan’s Buoyant Bitcoin Note

The IRS has clarified some questions around crypto disclosures for the upcoming tax season. A popular DeFi application appears to have been attacked. JPMorgan analysts see “considerable” upsides to bitcoin.Top shelfCrypto guidanceThe U.S. Internal Revenue Service has clarified that simply holding cryptocurrencies does not need to be disclosed. A published set

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