# DeFi protocol Aave encounters major capital flight

# DeFi protocol Aave encounters major capital flight

“# DeFi protocol Aave encounters major capital flight ” Annual percentage yields, or APY, on crypto borrowing and lending platform Aave have surged to record levels after capital withdrawals sent the decentralized finance, or DeFi, protocol into a liquidity crunch. At the time of writing, variable APY on borrowing stablecoin Dai via Aave has surged…

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# THORChain concludes 2 security audits following summer exploits

# THORChain concludes 2 security audits following summer exploits

“# THORChain concludes 2 security audits following summer exploits ” Cross-chain liquidity protocol THORChain has fully recovered from two summer exploits that compromised millions of dollars in user funds after the company announced Thursday that it had received passing grades in a new security audit.  The simultaneous audits, which were carried out by cybersecurity companies…

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# Immunefi to bolster DeFi security service with new funds

# Immunefi to bolster DeFi security service with new funds

“# Immunefi to bolster DeFi security service with new funds ” DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals.  Immunefi will utilize the funds to advance its services…

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# No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger

# No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger

“# No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger ” Oxen is a privacy-focused platform built on top of a proof-of-stake (PoS) network. It has also built a secure and anonymous messaging platform Session. The company’s chief technical officer Kee Jefferys talked to Cointelegraph about its…

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# DeFi security project ‘Lossless’ helps recover .7M from Cream Finance hack

# DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack

“# DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack ” Lossless, a decentralized finance, or DeFi, security outfit has assisted in the recovery of 5,152.6 Ether (ETH) siphoned during the Cream Finance exploit that occurred in August. Tweeting on Monday, Lossless identified white hat security expert Pascal Caversaccio as being pivotal to…

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# Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — report

# Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — report

“# Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — report ” Cryptocurrency exchange Coinbase has reportedly suffered another security breach after attackers were able to bypass the company’s multi-factor authentication, or MFA, feature in a coordinated campaign earlier this year.  The attackers stole cryptocurrency from 6,000 accounts, though the monetary value of…

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# Rari, Telos and Polymath rally as Bitcoin price hits K

# Rari, Telos and Polymath rally as Bitcoin price hits $44K

“# Rari, Telos and Polymath rally as Bitcoin price hits $44K ” Crypto traders breathed a sigh of relief on Sept. 30 after media headlines reflected positive news regarding adoption and future regulation in the crypto sector. Early in the day, Visa announced that it has developed a layer-2-based blockchain interoperability hub that will support cryptocurrency…

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