Ethereum logs $1M MEV block reward amid Curve Finance exploit
The highest recently generated block reward was 584 ETH, created by a MEV bot front-running transactions during the DeFi chaos.
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Security Firm Offered $500 Bounty for Averting a Possible $5 Million Hack
A security outfit led by ethical hackers who specialize in security audits claimed to be offered a $500 bounty by DxSale Network, a decentralized token launchpad, after informing the platform…
Coin Center Slams ‘Messy, Arbitrary, and Unconstitutional Approach’ of US Senate DeFi Bill
The bipartisan legislation introduced earlier this week – titled the Crypto-Asset National Security Enhancement (CANSEE) Act – that seeks to regulate the decentralized finance (DeFi) sector has caused quite a…
DeFi Platform Struct Finance Sees 129% Gains in 7-Day TVL, Ranks First on Avalanche
Decentralized finance (DeFi) protocol Struct Finance recorded over 129% gains in its total value locked (TVL) over the past week, according to data from DeFi TVL aggregator DeFiLlama. Struct Finance’s…
Algorand’s Largest DeFi Protocol Shutting Down Operations
Algorand-based decentralized finance (DeFi) protocol, Algofi, has announced winding down its operations. In a statement, Algofi cited a “confluence of events” as the reason behind its decision that has rendered…
Arcadia Finance Hit by $455K Exploit on Both Ethereum, Optimism Networks
Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the Ethereum and Optimism networks. Confirming the hack, Arcadia revealed that…
On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital
With centralized exchanges coming under increasing scrutiny, Henrik Andersson has touted the promise of decentralized derivatives.
Poly Network Suspends Services After Getting Hacked
The cross-chain decentralized finance (DeFi) platform – Poly Network – announced on Twitter that it had halted operations due to a “recent attack.” The team revealed that the exploit affected…
Poly Network urges users to withdraw after exploit affects 57 crypto assets
The Poly Network has been exploited again, this time due to compromised private keys according to blockchain security firm Dedaub.
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
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