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” JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The first week of November proved to be the institutionalization of DeFi markets as major…
” Immunefi launches scoring system for Web3’s elite white hats “ Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will measure a given white hat’s skills and status amid Immunefi’s security community, said the company at the…
” ‘Everything is fine’ — Gala Games calls for calm after fears of multi-billion dollar hack “ Blockchain gaming company Gala Games urged its community for calm after misplaced fears of a multi-billion dollar rug pull or hack caused the GALA token to temporarily crash 25.6%. The initial panic, which Gala Games later implied was…
” How low liquidity led to Mango Markets losing over $116 million “ It would seem that the hackers used an “oracle price manipulation” tactic in the exploit on the Solana-based DeFi network, as indicated by a tweet sent by the official account for the Mango cryptocurrency exchange. In mid-October, traders took advantage of a…
” Skyward finance exploit allegedly results in $3 million loss “ Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of publication. The news was shared on Twitter by Aurora Lab’s community moderator…
” Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021 “ The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — according to the latest figures. On Oct. 31, blockchain security firm PeckShield tweeted some…
” Team Finance hacker returns $7M to associated projects after exploit “ Four projects have received some $7 million worth of tokens from the hacker behind the $14.5 million Team Finance exploit on Oct. 27. Over the weekend, the attacker confirmed in a series of messages that they would keep 10% of the stolen fund as…
” Compound pauses 4 tokens to avoid price manipulation: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. After the Mango Markets exploit last week, Compound protocol paused the supply of four tokens as lending…
‘Abbott Elementary,’ ‘Reservation Dogs’ Among Those Celebrated at 2022 Sentinel Awards The Sentinel Awards returned on Tuesday night at the Television Academy’s Wolf Theater for its first in-person ceremony in three years, honoring 12 shows whose storytelling tackled powerful and timely topics. The event, hosted by Yvette Nicole Brown, recognized Reservation Dogs, Abbott Elementary, Dopesick,…
” After Mango Markets exploit, Compound pauses 4 tokens to protect against price manipulation “ Decentralized lending protocol Compound has paused the supply of four tokens as lending collateral on its platform, aiming to protect users against potential attacks involving price manipulation, similar to the recent $117 million exploit of Mango Markets, according to a…