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Category: crypto

August 9, 2022

Curve Finance: Issue Found And Reverted, CRV Sees 10% Losses

Via their official Twitter handle, the Ethereum-based decentralized finance (DeFi) protocol Curve Finance has confirmed a vulnerability in their nameserver or frontend curve.fi which…

August 9, 2022

BREAKING: Curve Finance team warns users to avoid using site until further notice

A still undefined exploit of the site’s frontend appears to have resulted in the theft of over $573K USD so far. On Aug 9,…

August 9, 2022

Weekly crypto asset flow has these profit-making statistics

Inflows into digital asset investment products totaled $3 million last week, bringing the sixth consecutive week of inflows to a total of $529 million,…

August 9, 2022

Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions

Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado…

August 9, 2022

Circle plans to only support Ethereum PoS chain after Merge is complete

“USDC as an Ethereum asset can only exist as a single valid version,” says the team at Circle. On Tuesday, Circle, the issuer of…

August 9, 2022

Curve Finance front end UI compromised in DNS hack – users advised not to interact

Samczsun, a researcher at Paradigm, is reporting that the Curve Finance front end has been compromised, with over $530k stolen within a matter of…

August 9, 2022

Coinbase reports $1.10B loss in Q2 as assets on exchange slump

Coinbase Global’s second-quarter results show that the crypto exchange recorded a net loss of $1.10 billion during the period. This compares to a loss…

August 9, 2022

Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions

It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency…

August 9, 2022

Bitcoin short-term investors should know this before exiting

Bitcoin, the largest cryptocurrency holds on to two main catalysts for support. Mainly the mining activity and transactional requirements via the Lightning network. But…

August 9, 2022

Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth

Decentralized finance TVL is down by 66%, but growth in DEX aggregators, active addresses and steady fund raises show “DeFi winter” is not upon…

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