Cryptocurrency
Polkadot-based aUSD Stablecoin fell by 99% After Hackers Issued 1.2 Billion Tokens
Acala has become the most recent Defi protocol to come under attack, as hackers issued 1.2 billion aUSD on August 14 and saw a 99% decline in price.
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DeFi
Investors Lost $600K to DeFi Project Blur Finance as Developers Disappear
Blur Finance emerges as the most recent blockchain project to fail and disappear with hundreds of thousands of dollars, following the disappearance of other…
Companies
FTX Pay will be Compatible with Reddit Community Points
One of the leading cryptocurrency exchange firms FTX, has launched an integration with Reddit’s Community Points for the US, EU, Australia, and other international…
Blockchain
Recent Blockchain Bridges Hacks Are a Big Problem to Solve for the Crypto Ecosystem
This year has witnessed crypto heists totalling up to $1.2 billion, which is twice the amount of last year’s record, according to research by…
Crypto Regulation
US Treasury Blacklists Crypto-Mixing Service Tornado Cash, Calls it “Notorious”
The U.S. has sanctioned decentralised cryptocurrency mixing provider – Tornado Cash because it allowed cryptocurrencies worth billions of dollars to be laundered through its…
Cryptocurrency
Polygon-Based Dragoma Token Crashes by More than 99% in Rug Pull Scam
Dragoma, a Web3 lifestyle sports application built on Polygon that integrates GameFi and SocialFi features, has been reported to be a rug pull scheme.…