Cryptocurrency Analysis and News Portal
Defi platforms Aerodrome and Velodrome suffer a front-end attack, with an estimated $40,000 compromised. Two prominent defi platforms, Aerodrome and Velodrome, have experienced security breaches in their front-end systems. The incidents occurred on Nov. 28, as disclosed by the platforms. Both Aerodrome and Velodrome alerted their users through X, advising them to
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The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28. The two platforms posted announcements on X (formerly Twitter) stating their front ends were compromised and asked users not to interact with the platforms while investigations are underway. Our frontend is currently compromised. Please
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The integration of web3 wallets into mainstream trading platforms heralds a new era in digital finance, blending the realms of cefi and defi while also raising concerns about increased vulnerability to crypto fraud. According to Bitrace and WuBlockchain, the integration of web3 wallets into mainstream trading platforms like OKX and Binance
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Tron founder Justin Sun’s crypto businesses have come under repeated attacks from hackers over the past two months, with at least four hacks on platforms related to the crypto entrepreneur.Sun’s HTX crypto exchange has been hacked at least twice since the platform rebranded from Huobi on Sept. 13, 2023. The
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Crypto trading can be dynamic, fast-paced, and competitive. As the market evolves, traders seek innovations to stay ahead of the curve and make informed decisions. This has led to the rise of crypto trading bots leveraging sophisticated algorithms and automation to execute trades, manage portfolios, and capitalize on market trends. Efficiency Among
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In the wake of FTX, regulatory concerns have intensified, spotlighting the need for stricter oversight of exchanges, enhanced consumer protection and a global standard to curb regulatory arbitrage. The collapse has sparked industry debates on the risks of centralized platforms, emphasizing the need for better risk management and a potential
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Crypto and blockchain technology are dynamic yet have a steep learning curve. A notable concern is companies’ apparent struggle when hiring individuals with the requisite technical skills. A recent PwC survey noted that almost half (48%) of crypto-centric firms needed help finding qualified personnel to run their businesses. The issues mentioned above are
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As the conflict between Israel and Hamas escalates, the former CEO of Paxful calls on users to stay away from centralized crypto platforms. Ray Youssef, former CEO of Paxful, a peer-to-peer crypto platform, took to X to alarm users about the growing risks of being blocked on centralized exchanges. The regulators worldwide
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The Securities and Futures Commission (SFC) of Hong Kong is intensifying the fight against unregulated cryptocurrency platforms in its region amid the JPEX crypto exchange scandal. In a statement, the regulator notes that it is planning to provide a list of all virtual asset trading platforms (VATPs) that are licensed, considered
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Hong Kong's financial regulator, the Securities and Futures Commission (SFC) has vowed to step up its efforts to combat unregulated cryptocurrency trading platforms in its jurisdictionAccording to a Sept. 25 announcement, the SFC said it will publish a list of all licensed, deemed licensed, closing down and application-pending virtual asset
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