Cryptocurrency Analysis and News Portal
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million. Source
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A flash loan attack on the BNB Chain has resulted in the largest single arbitrage profit in its history, according to security experts. The attacker exploited a price manipulation vulnerability on the BH token (BH) and made off with $1.27 million in USDT. As reported by Chinese journalist Colin Wu on Oct.
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The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company. Source
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Michael Egorov, the co-founder of Curve Finance, has completely settled his debt on Aave after depositing 68 million CRV, equivalent to approximately $35 million, to Silo. Egorov withdrew 10.7 million of crvUSD, Curve’s decentralized stablecoin, from the non-custodial lending protocol following his CRV deposit, according to on-chain analytics provider, Lookonchain. After
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Michael Egorov, founder of Curve Finance, has settled his loan on the Aave Protocol and cut his total debt to $42.7 million.
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On Sept. 19, Decrypt, a media outlet, shared a report about Binance’s CEO Changpeng Zhao, mysterious money movements. According to the Decrypt report, unsealed documents revealed that Zhao extended a loan of $250 million to BAM Management U.S. Holdings. Subsequently, court documents indicate that $183 million of this loan was subsequently
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Binance CEO Changpeng Zhao has disputed a recent report that claimed the executive took a $250 million loan from BAM Management, a firm that acts as Binance.US’ holdings company. On Sept. 19, a report from the media outlet Decrypt interpreted court documents related to a lawsuit between Binance and the United
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Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake. Elon Musk, the visionary entrepreneur known for pushing the boundaries of space exploration and electric vehicles, has once again captured headlines for his audacious financial moves. A recent report from the Wall Street Journal (WSJ)
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“DeFi has the potential to change the global financial infrastructure for the better, but its success requires preempting threats like flash loan attacks. We developed this tool to provide DeFi protocols an extra layer of security on top of audits,” said Martin Derka, head of new initiatives at Quantstamp, in
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Blockchain security provider Quantstamp has launched an automated service to detect flash loan attack vectors in smart contracts. The new service is being called Economic Exploit Analysis and is based on research done at the University of Toronto. Economic Exploit Analysis will be available to protocols, whether they have been
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