Tag: DeFi applications

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XDai Chain

Aztec Labs draws line with deprecated Aztec Connect product after $2.1M exploit

Aztec Connect’s smart contract has reportedly lost $2.1 million after an attacker took advantage of a verification flaw in the privacy bridge that...
XDai Chain

Sky Proposal Seeks To Double USDC PSM Buffer To $800M

TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. The proposal says USDC reserves...
XDai Chain

US government moves $984,000 in seized FTX, Alameda assets to Coinbase

The U.S. government liquidated $216,000 of cryptocurrencies taken from FTX/Alameda on June 10, adding to roughly $984,000 of crypto asset transfers that day,...
XDai Chain

Ethereum Founder Dumps 100,000 ETH Worth $170M, What’s Going On?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A viral claim is spreading across the crypto space, suggesting that...
XDai Chain

The Good News for Ethereum (ETH) After Collapse to $1.5K: Details

Ethereum’s controversial history during the time of extreme distress continues, as the asset was among the poorest performers on Friday (and overall since...
XDai Chain

Ethereum Price is Crashing:But Smart Money Is Making a Big Bet

Ethereum price may be crashing on the surface, but beneath the panic, some of crypto’s smartest players appear to be making a very...
XDai Chain

Could Hackers Have Secretly Minted Unlimited ZEC? Dragonfly Weighs In

The debate over Zcash’s recently patched Orchard Pool vulnerability is far from settled. While some investors fear the worst, Dragonfly partner Haseeb Qureshi...
Harmony Chain

SEC Strategic Plan Backs Digital Assets, Blockchain Growth

The US Securities and Exchange Commission (SEC) has elevated digital assets to a strategic priority, calling for regulatory clarity around blockchain technology, tokenization...
XDai Chain

Vitalik jumps on the de-dollarization trend in radical non-USD stablecoin proposal

Ethereum co-founder Vitalik Buterin has reposted an earlier proposal he made to ditch the U.S. dollar as the default reference point for stablecoins....
XDai Chain

OKX Buy 20% Crypto Exchange Stake As Korea Race Heats Up

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure OKX and Korea Investment & Securities have joined the list of...
Harmony Chain

AI job cuts hit Wix as CEO cuts 20% of workforce after Q1 earnings miss

Wix CEO Avishai Abrahami told employees on Wednesday the company is cutting roughly 20% of its workforce, eliminating about 1,000 positions in the...
XDai Chain

$3.2M Vanishes in 2 Hours as Safe Wallet Module Exploit Drains 86 Crypto Vaults

Key Takeaways:About $3.2M was siphoned from both the Ethereum and Base networks using a third-party Safe module exploit.Attackers exploited 86 Safe wallets and...
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