On-Chain Data Reveals How Trading Firms Worked the USDC Stablecoin Repeg
Trading firms were quick to jump on the USDC long trade over the weekend as the stablecoin slumped to $0.88 amid banking concerns in the U.S. Source
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Reveals
Open Zeppelin Reveals Top 10 Blockchain Hacking Techniques in 2022
The first and second place bugs involved layer 2 scaling solution Optimism and vanity address generator Profanity. Source
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Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now
Algorand-based wallet provider MyAlgo has again urged users to withdraw their funds after a February security breach which doesn’t appear to have been resolved.Update: Funds are still being actively drained from MyAlgo users. https://t.co/fzkS9PFkAm pic.twitter.com/cgrWigu2Wn— ZachXBT (@zachxbt) March 6, 2023 Meanwhile, decentralized exchange Algodex has revealed a malicious actor infiltrated a
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Multicoin Capital’s Hedge Fund Lost 91.4% Last Year, Investor Letter Reveals
Despite the massive drawdown, Multicoin’s hedge fund remains up 1,376% net of fees from its inception through 2022. As the broader crypto market rebounded from last year’s lows, Multicoin reported that the fund gained 100.9% in January 2023, bringing the fund’s inception-to-January return to 2,866%. Original Source
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Disinvitation From Denver Crypto Conference Reveals Tensions Between Aptos, Sui Blockchains
Officials at Pontem, a crypto wallet startup backed by the Aptos blockchain, are hosting the MoveCon conference later this week in the Aptos house, on the sidelines of ETHDenver. The focus of the event is Move, a coding language that Facebook engineers developed for Diem; it's also the base language
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Platypus reveals compensation plan for users’ funds after attack
Decentralized finance (DeFi) protocol Platypus disclosed details of a recent $9.1 million exploit, alongside efforts to recover the funds, and a compensation plan for victims.In a Medium post on Feb. 23, the company revealed that a logic error in the USP solvency check mechanism within the collateral-holding contract was responsible
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Cointelegraph Top 100 reveals the second-place of the 2023 edition
Cryptox has reached the No. 2 spot on its 2023 Top 100 list: Ethereum co-founder Vitalik Buterin, who had a significant impact in 2022 and is expected to continue influencing the crypto space in 2023. Sitting among a sizable list of other co-founders of the Ethereum blockchain, Buterin was the one who
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NFT Marketplace Blur Co-Founder ‘Pacman’ Reveals Identity
The pseudonymous figurehead shared in a Twitter thread why he decided it was time to doxx himself and share his identity publicly. Source
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San Francisco federal bank eyes CBDC system development, reveals job posting
The Federal Reserve Bank of San Francisco is looking for a software engineer to help develop and implement systems related to a central bank digital currency (CBDC).On Feb. 18, the San Francisco Fed posted a job opening for a “senior application developer - digital currency.” The candidate is expected to
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Crypto investors under attack by new malware, reveals Cisco Talos
Anti-malware software Malwarebytes highlighted two new malicious computer programs propagated by unknown sources actively targeting crypto investors in a desktop environment. Since December 2022, the two malicious files in question — MortalKombat ransomware and Laplas Clipper malware — have been actively scouting the internet and stealing cryptocurrencies from unwary investors, revealed
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