Monday, May 27, 2024
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RocketX Announces Beta Launch of Its API For Multichain Crypto Swaps

RocketX ensures the API comes equipped with robust Anti-Money Laundering (AML) protocols, ensuring that multi-chain asset swaps occur in a compliant manner. RocketX has unveiled the beta phase of its developer application programming interface (API), streamlining the deployment of multichain decentralized applications (dApps) across any blockchain. According to a press release shared

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KyberSwap suffers multichain exploit, resulting in $45m loss

The Kyber Network team has confirmed the incident, urging users to promptly withdraw their funds. Decentralized exchange protocol KyberSwap has allegedly suffered a hacker attack as more than $45 million worth of crypto has been drained from the project across multiple networks. 🚨Urgent🚨Dear KyberSwap Elastic Users,We regret to inform you that KyberSwap

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Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined

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 exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced the

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Multichain inside job? And SOL surges 80% in a month: Finance Redefined

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.A trader managed to exploit the brief opening of the Multichain cross-chain bridge, which was frozen since its exploit in July 2023, allowing

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Some Multichain transactions are confirmed as queue unwinds

Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain's explorer tool. Blockchain data confirms that some of the transactions have been confirmed on the destination chain, while others show as confirmed in the

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Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined

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

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Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2

Multichain wallet Exodus has released its financial results for the second quarter of 2023, disclosing revenue of $12.4 million, a 4% decrease year-over-year. Net income amounted to $1.9 million.According to Exodus, its exchange aggregation business accounted for the majority of total revenue in the quarter, totaling $11.6 million. Fiat onboarding

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Multichain victims search for answers in $1.5B exploit as new evidence emerges

On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after months of repeated denials on official communication channels. Also allegedly arrested was Multichain’s core team, which

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