# Breaking: Harmony’s Horizon Bridge hacked for 0M

# Breaking: Harmony’s Horizon Bridge hacked for $100M

” Breaking: Harmony’s Horizon Bridge hacked for $100M “ The Horizon Bridge to the Harmony layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH). The hack may vindicate previously raised community concerns about the robustness of the two of four multisig that reportedly secures the bridge. Starting…

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# Bancor pauses impermanent loss protection citing ‘hostile’ market conditions

# Bancor pauses impermanent loss protection citing ‘hostile’ market conditions

” Bancor pauses impermanent loss protection citing ‘hostile’ market conditions “ Bancor, a decentralized finance (DeFi) protocol often credited as the pioneer of the DeFi space, paused its impermanent loss protection (ILP) function on Sunday, citing “hostile” market conditions. In a blog post on Monday, the DeFi protocol noted that the ILP pause is a temporary measure…

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# Finance Redefined: Uniswap breaches T volume, WEF 2022 discussion on Terra, and more

# Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more

” Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more “ The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap breaching the $1 trillion trading…

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