Blockchain developers launch $50M fund to increase Wormhole adoption
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another.
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Injective partners with Wormhole to bring 10 new blockchains to the platform
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a…
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem…
Finance Redefined: Wonderland reveal and Wormhole hacked, Jan. 28–Feb. 4
Wonderland endured a turbulent week of revelations and risks closure, Wormhole was hacked for the second-highest ever DeFi sum, and the Ethereum hash rate hits a new high — all…
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds…
Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole
The bearish continuation setup could push Solana price to drop to nearly $50 in the sessions ahead.
Wormhole token bridge loses $321M in largest hack so far in 2022
The token bridge between Ethereum and Solana saw 120K wETH tokens removed from the platform and distributed between the hacker’s Solana and ETH wallets.