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"DeFi is dead," some might say, after the tragicomedy involving Curve Finance (CRV) with its lead actor, Michael Egorov, and a cast of notable cameos. DeFi: A Glimpse into the Past If you've been in the crypto market long enough, you've probably read the
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The largest decentralized exchange (DEX) in the market, Uniswap, has blocked HEX (HEX) from its interface following allegations by the SEC that the project and its founder, Richard Schueler, unlawfully offered securities. Uniswap Blocks HEX Token Uniswap has designated HEX as an “unsupported” token and attached a warning logo indicating
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Join Coin68 as we revisit the pump-and-dump journey of BALD, the "one-day" memecoin on the newly launched layer-2 Base by Coinbase. The On-Chain Journey of the BALD Rug Pull According to DefiLlama, Coinbase's layer-2 Base experienced a significant TVL increase to $11.71 million within 24
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The recent attack on Curve Finance on July 30-31 has raised another significant concern for the DeFi sector: the potential liquidation of $167 million in CRV collateral by Curve's founder, Michael Egorov, on Aave, Fraxlend, and Abracadabra. If this occurs, it could trigger a widespread domino effect with
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The BALD rug pull seemed to mark the end of the memecoin's saga on the Base layer-2 platform. However, on the morning of August 01, the crypto community on Twitter was abuzz with allegations, based on both linguistic and on-chain evidence, that former FTX CEO Sam Bankman-Fried might
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Following a series of dramas since the evening of July 30, the race to liquidate the loan position of Curve Finance founder Michael Egorov on Fraxlend has seen new developments. The Incident Background The issue began on July 30 when a security vulnerability in the Vyper language led to attacks
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An on-chain detective on Twitter has traced wallets involved in the transfer of hundreds of millions of dollars in crypto assets from Multichain, linking them to the $40 million bribe Sam Bankman-Fried allegedly paid to the Chinese government. Summary of the Multichain Incident On May 21, 2023, Multichain CEO Zhaojun
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After the incidents with Conic Finance and JPEG'd, several projects related to Curve Finance's liquidity pools are also under attack. Series of Attacks on Curve's Liquidity Pools The issue didn't just start this week; it dates back to last week (21/07)
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The attack on Curve Finance on the evening of July 30 continues to have severe repercussions for the project and the DeFi sector. Update on Curve Attack on the Morning of July 31 Cause of the Attack: Continuous Exploitation of Curve Finance Liquidity Pools In the early morning of July
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Curve Finance is grappling with nearly $52 million in damages from a reentrancy vulnerability, prompting Upbit to suspend deposits and withdrawals of the DeFi platform’s CRV token. CRV Token Experiences "Fake Pump" Due to Curve Finance Attack Upbit Suspends CRV Transactions According to Wu Blockchain, Upbit, the
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The aftermath of the Curve Finance attack continues, but another aspect of the event has led to record profits for MEV (Miner-Extractable Value) operators. Record-Breaking MEV Profits Amid Curve Finance Attack The most notable news today is the repeated attacks on liquidity pools on Curve Finance, which have impacted many
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Decentralized exchange (DEX) PancakeSwap has announced it will share trading fee revenue with users holding CAKE tokens. PancakeSwap to Share Trading Fee Revenue - CAKE Surges According to the official announcement, participants staking CAKE tokens will receive a portion of the trading fee revenue from PancakeSwap starting August 09. 🥞Introducing