Zunami Protocol Reportedly Hacked for Over 21 Million
After experiencing an assault on its “zStables” pools on Curve Finance, Zunami Protocol has warned users not to purchase any of its Zunami Ether (zETH) or Zunami USD (UZD) stablecoins.…
Tag: Defi
Avalanche Foundation Allocates 50 Million to Tokenized Asset Purchases
The Avalanche Foundation, the entity behind the Avalanche blockchain, plans to allocate $50 million towards purchasing tokenized assets minted on its network. Today, the Avalanche Foundation introduces Avalanche Vista, a…
Additional 37M discovered in web3 casino payment provider hack
Alphapo, a cryptocurrency payment service provider, reportedly suffered a significant security breach within its hot wallet, resulting in a loss of over $60 million, with some reports suggesting total losses…
DeFi platform PolyNetwork suspends services following massive hack CZ comments
Decentralized finance (DeFi) platform PolyNetwork tweeted about its latest hack (which forced it to suspend its services temporarily). The hacker minted billions in altcoins, including Shiba Inu, Binance USD, and…
Jimbos Protocol turns to law enforcement after hacker ignores 800K bounty
Jimbos Protocol said May 31 that the hacker responsible for a recent attack has not responded to its bounty offer and it will now turn to law enforcement. The protocol…
Aave considers proposal to expand into Coinbasebacked Base network
Aave is considering a proposal to deploy its V3 on the emerging Base network, a Layer 2 blockchain solution backed by Coinbase. The post Aave considers proposal to expand into…
US Justice Department on the hunt for DeFi hackers and thieves Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The United…
Breaking US DOJ To Intensify Crackdown Against Crypto Exchange DeFi Mixers Coingape
US Department of Justice’s (DOJ) national cryptocurrency enforcement team (NCET) to intensify crackdown against bad actors in the crypto market, declared FT on May 15. Eun Young Choi, who was…