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Decentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in the biggest hack of crypto in 2023 so far. The lending protocol lost nearly $197 million in the attack and impacted more than 11 other DeFi protocols as well.On March 14,
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In response to Aave’s proposal, however, Maker’s Risk Core Unit (RISK-001) initiated a proposal to temporarily disable the Aave DAI Direct Deposit Module, effective today, June 17. The Risk Core Unit described Aave’s governance proposal to increase the liquidation threshold for stETH to 90% as an “unacceptable risk to the
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The unit is part of the Entrepreneurial and Technological Empowerment Program, which is supported in South Africa by the U.S. Department of State. Source
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Through the partnership, both Cathay and Canaan expect to expand their international coverage as the global economy recovers with the help of technology. Canaan Inc ADR (NASDAQ: CAN), a semiconductor solution provider, has announced a strategic partnership with Cathay Tri-Tech., Inc. (“Cathey”) to introduce its artificial
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Polkadot and Chainlink have announced the release of Chainlink’s Price Feeds as a module, or “pallet” in Polkadot terminology, for the Substrate blockchain framework.The release means that any project building on the Substrate framework — which includes Polkadot and Kusama parachains, as well as independent blockchains — can integrate Chainlink
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A trader, on popular Bitcoin trading platform PrimeXBT, recently had a successful run that netted him a total return of over 1,800%. However, where it becomes interesting is that through copy-trading, followers of the trader — Satoshi Bets — managed to profit from his successful run by turning $400,000 into
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In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum mainnet — there was also a look into Aave’s possible future: a proposal from Delphi Digital seeking to fundamentally alter Aave’s Safety Module and create
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