KyberSwap's unfortunate fall to a $50 million DeFi hack underscores the persistent challenges faced by decentralized platforms in safeguarding user assets. The aftermath sees users scrambling to secure their holdings, and the protocol grappling with a significant reduction in Total Value Locked. The hacker's bold message adds a layer of uncertainty, signaling potential negotiations in the aftermath of the exploit.
Huang Bo
Cheng YuanAccording to local media reports, the owner of South Korea's largest cryptocurrency exchange, Bithumb, was arrested in the country on Thursday.
BitcoinistCoinbase is being sued by another crypto company that alleges that the firm infringed on its patented crypto transfer technology.
OthersBTC price has been gaining momentum as it nears $24,000, and this week's options expiry could help bulls profit $200 million.
Cointelegraph
NulltxNulltxNulltxSince the hack of Axie Infinity’s Ronin bridge, developers behind the game have raised $150 million to reimburse the affected users.
CointelegraphThe raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.
Cointelegraph