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.
BitcoinistDisgraced crypto mogul Sam Bankman-Fried today was let out of jail by a New York judge under a $250 million bond agreement. A common question—especially on crypto Twitter—is, where did all tha...
decryptCoinbase is being sued by another crypto company that alleges that the firm infringed on its patented crypto transfer technology.
OthersShares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company.
CointelegraphThe company forecasts it will generate up to $98 million in annual revenue.
CointelegraphSince 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.
CointelegraphDragonfly, a well-established figure within the venture capital scene, will utilize the capital to invest in early- to mid-term projects within the crypto ecosystem.
Cointelegraph