Aave Protocol Halts Certain Market Operations Due To Bug Report
Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function
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Protocol
Hackers exploit Onyx Protocol for $2.1m
On Oct. 27, Onyx Protocol, a decentralized peer-to-peer lending platform, experienced a significant security breach, resulting in a loss of approximately $2.1 million due to an exploit in a low-liquidity market. The incident has raised concerns regarding the vulnerabilities present in decentralized finance (DeFi) platforms, particularly when it involves markets with
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Onyx Protocol exploiter begins siphoning $2.1M loot on Tornado Cash
Decentralized peer-to-peer lending platform Onyx Protocol lost roughly $2.1 million in an exploit of a market with no liquidity that was deployed on Oct. 27. The Onyx Protocol hacker exploited a known bug, a rounding issue behind the popular CompoundV2 fork, explained blockchain investigator PeckShield soon after alerting about the hack
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Oyster Protocol founder gets 4 years jail for $5.5M tax evasion
Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion.The United States Attorney’s Office said on Oct. 31 that Elmaani — also known by the alias “Bruno Block” — was sentenced to prison
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The Graph (GRT), Fetch.AI (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN) Slide After Biden Executive Order
"Artificial intelligence holds extraordinary potential for both promise and peril," read the order. "Responsible AI use has the potential to help solve urgent challenges while making our world more prosperous, productive, innovative, and secure ... Irresponsible use could exacerbate societal harms such as fraud, discrimination, bias, and disinformation; displace and
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Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and seven others got underway in Seoul Southern District Court in South Korea on Oct. 30, according to local news reports. Shin is accused of defrauding investors. Also at issue was whether or not
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Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: 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 was filled with bullish resurgences for many projects, but it was the Uniswap founder’s $650 billion HayCoin (HAY)
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Protocol Village: IoTeX Blockchain to Integrate With Solana for 'IoT-Connected Projects'
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout. Source
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Bain Capital, Polychain, Lead $6M Funding Round For Privacy Protocol Firm Nocturne Labs
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Largest DeFi protocol on Solana reportedly quits UK market, citing FCA rule
Marinade Finance, the largest decentralized finance (DeFi) protocol running on the Solana blockchain, has reportedly started blocking users from the United Kingdom. U.K. customers discovered the problem on Oct. 23. While trying to access Marinade’s website from a local IP, one encounters the block page with a message:“Access to this
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