Hacks in Crypto Industry Are Declining, But Threats Persist
TL;DR Losses from hacks and scams in the crypto industry were $413 million in the third quarter of 2024, representing a 40% decrease. The most...
Tag : defi
Grass Airdrop Sparks Outrage Among Community
TL;DR Low Token Rewards: Grass airdrop participants received minimal GRASS tokens, leading to widespread disappointment and frustration among early supporters. Community Backlash: Users criticized the...
Pendle Hack: $105 Million Saved Amid Penpie Exploit
TL;DR $105 Million Saved: Pendle swiftly paused contracts to prevent further losses after a $27.3 million hack on its yield optimizer, Penpie. Exploit Details: The...
DeFi Protocols Face Nearly 25% Drop in Fees
TL;DR In August 2024, DeFi protocol fees fell by 24.4%, totaling $288 million. The decrease is attributed to lower user activity, increasing competition among protocols,...
DYAD Stablecoin Protocol Sees Explosive Growth in TVL
TL;DR Explosive TVL Growth: DYAD’s total value locked (TVL) surged over 950% in one month, from $3.3 million on August 5 to a record $35...
Curve DAO Votes on a $21 Million CRV Grant
TL;DR Michael Egorov proposes a 21 million CRV grant to fund Swiss Stake AG, the Swiss company behind Curve. The funds will be used for...
Lumia Sells Over 25,000 HyperNodes and Closes Funding Round
gshinTL;DR Lumia has sold over 25,000 HyperNodes and has closed a funding round led by Laser Digital. With participation from DWF Labs and TRGC. The...
Moonshot Launches App for Seamless Solana Memecoin
TL;DR Moonshot launches its first app on Google Play Store, available in over 130 countries. The app allows you to buy Solana memecoins directly with...
Dough Finance Faces Million-Dollar Losses After Smart Contract Attack
TL;DR Dough Finance suffered an exploit in its smart contract on July 12, 2024, resulting in the loss of approximately $1.8 million in funds. The...
Bitget and Tomarket Join Forces to Boost the TON Ecosystem
TL;DR Bitget and Tomarket have announced a partnership to strengthen the TON ecosystem, aiming to boost technological development and attract a broad audience. Tomarket has...