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DeFi protocol Arcadia Finance encounters attack worth $455K
The non-custodial decentralised finance (DeFi) protocol Arcadia Finance faced an attack and a hacker stole almost $455,000 from the protocol by taking advantage of a flaw in the programming code....
View ArticleBNB Smart Chain faces crypto exploits worth of $73K
A coding flaw in the Vyper language has apparently led to attacks on the BNB Smart Chain (BSC), similar to the one that affected the decentralised finance (DeFi) protocol Curve Finance. On July 30,...
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Curve Finance programming flaw poses risk to crypto of worth $100 million
Curve Finance, a prominent decentralised finance (DeFi) system, has a programming flaw that has led to the loss of money from several of its liquidity pools, with almost $100 million still in danger....
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DeFi platform Zunami faces stablecoin hack
Zunami, a decentralised finance protocol, recommended its customers not to purchase any of the stablecoins, Ether (zETH) or Zunami USD (UZD) after facing a hack on its “zStables” pools on Curve...
View ArticleCoinbase all set to offer Bitcoin and futures trading for US Clients
Coinbase, a well-known cryptocurrency exchange, recently got approval from the National Futures Association (NFA) to expand its services. Now, it can offer investment opportunities in cryptocurrency...
View ArticleWhistleblower Reveals Security Lapses and Losses at Alameda Research
A former engineer at Alameda Research, a sister hedge fund of the cryptocurrency exchange FTX, has revealed shocking security lapses and losses of at least $190 million due to avoidable scams, leading...
View ArticleProShares Set to Launch Inverse Ether Futures ETF in November
ProShares, a leading ETF provider, has recently introduced a trio of Ether (ETH) futures exchange-traded funds (ETFs), and their latest offering, the ProShares Short Ether Strategy ETF (SETH), is...
View ArticleSingapore Launches Pilot Program for Live CBDC Settlements
In a significant move towards financial innovation, Singapore’s central bank, the Monetary Authority of Singapore (MAS), unveiled a pilot program for a live Singapore dollar-based central bank digital...
View ArticleBlackRock and Nasdaq Meet SEC on Spot Bitcoin ETF Approval
Representatives from financial giants BlackRock and the Nasdaq recently engaged with the United States Securities and Exchange Commission (SEC) in discussions surrounding the potential approval of a...
View ArticleFidelity Foresees DeFi and Stablecoin Surge Amid Potential Fed Rate Cuts in 2024
In its recent 2024 Digital Assets Look Ahead report, Fidelity Investments has highlighted a potential shift in institutional interest towards decentralized finance (DeFi) and stablecoins, contingent on...
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