News

Hundred Finance, a multi-chain lending protocol known for its integration with Chainlink’s distributed oracles, recently experienced a significant exploit. In a tweet on April 15, the protocol disclosed that it had fallen victim to a hack on the Ethereum layer-2 blockchain, Optimism, resulting in a loss of approximately $7 million. The tweet acknowledged the breach,

In a brazen display of cyber thievery, a hacker has managed to abscond with a jaw-dropping $1.2 million worth of ARB tokens. What makes this heist particularly alarming is the novel approach employed by the attacker – cunningly altering a wallet’s address, luring victims into sending funds to a fraudulent destination. This type of attack,

Core DAO, an innovative decentralized organization has made a significant stride towards advancing the blockchain ecosystem. The introduction of their impressive $200 million Ecosystem Fund is set to fuelling the development of decentralized applications and protocols built on their layer-1 blockchain. This strategic move is aimed at accelerating and fostering the growth of the Core

KyberSwap Elastic, the cutting-edge decentralized exchange (DEX) that empowers liquidity providers to concentrate liquidity within specific price ranges, raised an important red flag on April 17 via Twitter. The platform revealed a potential vulnerability lurking in their contracts, and in response, urgently advised all liquidity providers to swiftly withdraw their funds as a means of

MetaMask, the renowned cryptocurrency wallet and decentralized application (DApp) provider, has taken a significant step to simplify the process of purchasing cryptocurrencies with fiat currency. In an exciting announcement on Twitter, MetaMask revealed the launch of a new feature that enables users to buy crypto directly from its Portfolio Dapp. With this new functionality, users

Yearn Finance, a well-known decentralized finance (DeFi) protocol, has fallen victim to a devastating exploit that resulted in the theft of $11 million worth of various cryptocurrencies. In this sophisticated attack, tokens such as DAI, Tether, USD Coin, Binance USD, and Tru USD were specifically targeted and stolen, and the incident is reported to have

The crypto world is reeling as news breaks that SushiSwap, a popular decentralized exchange (DEX) platform on the Ethereum blockchain, has fallen victim to a devastating hack. More than $3.3 million has been siphoned away from the platform in a matter of minutes, as a hacker reportedly exploited a vulnerability in one of SushiSwap’s smart

To tackle the social and economic challenges plaguing Indonesia, the Deputy of the country’s Ministry of Tourism and Creative Economy has turned to cryptocurrency and nonfungible tokens (NFTs). These tokenized assets can be placed on a blockchain to verify ownership while providing proof of specific events occurring at certain times. This feature makes NFTs a

The decentralized autonomous organization (DAO) landscape is booming, with its treasuries reaching an incredible milestone. On March 31, the total assets of all DAOs combined hit a record-breaking $25.1 billion, as per data from the DAO data platform. This means that these organizations now have a significant amount of resources at their disposal, allowing them

The global cryptocurrency community is scrambling for alternatives after the shutdown of peer-to-peer marketplace Paxful. However, the impact on Nigeria’s crypto industry has been particularly significant. On April 4th, Paxful’s founder and CEO, Ray Youssef, announced that the company would cease operations due to staff departures and regulatory challenges. Nigeria’s acceptance and usage of cryptocurrency