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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.The attacker who stole $46 million from the KyberSwap protocol has used a complex strategy described by a DeFi expert as an “infinite
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The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry out the attack, according to a social media thread by Ambient exchange founder Doug Colkitt. Colkitt labeled the exploit an “infinite money glitch.” According to him, the attacker took advantage of
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The book says Jump was “near the top” of the list of FTX’s 50 “biggest accounts whose owners had been unable to remove their money from the crypto exchange,” Lewis wrote. Jump Trading lost $206 million while its affiliated trading firm, Tai Mo Shan Ltd., lost more than $75 million,
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“Differing from traditional attacks that shut down chains by crashing nodes, the HamsterWheel attack traps all nodes in a state of ceaseless operation without processing new transactions, as if they were running on a hamster wheel. This strategy can cripple entire networks, effectively rendering them inoperable,” CertiK said in a
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Orange Comet CEO Dave Broome, who also spoke at the conference, revealed how the deal with Shatner occurred, and how Shatner's intellectual curiosity was a key component. "This is a man at 92 who is still inquiring, and still has an ability to learn and embrace technology and understanding what
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‘Down Infinite’: A Ham-Fisted Attempt to Rehabilitate Do Kwon’s Image Source
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sponsored Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on the platform. The games are free-to-play, each set. The first 2 batches of the Genesis Gamer NFTs were sold out very quickly. Now the last
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Despite having just broken into the Crypto market for 1 month, Infinite Launch has 5 up & coming blockchain-game, metaverse projects in the pipeline for their community of investors. Bullieverse – A fantasy metaverse island for extraordinary gaming experiences Bullieverse is building an open Metaverse world on Unreal Engine where our community
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LARPing is s an extension of ad hoc communication networks and the next iteration of the crypto economy. A LARP is like an ad hoc network that is here one moment for a gathering, a community and a shared experience, and gone the next. Mobile crypto wallets brought us the
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