Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies. Crypto VC funding fell to $659 million across 63 funding rounds in […]
Ethereum’s Total Value Locked dropped nearly 11% in 24 hours while Bitcoin, Tron and BSC were not as badly affected. The fallout from the $293 million KelpDAO exploit over the weekend has spread across […]
Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back. A recent intervention on Arbitrum saw attacker-linked assets frozen after a major exploit, while some stablecoin […]
Extreme fear surrounds AAVE after exploit-driven outflows, but whale order clusters historically linked to market bottoms are reappearing. AAVE is undergoing one of its most volatile periods in recent history following the April 18 […]
The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year. According to DeFiLlama, the total value […]
Recovered tokens will be sent to a DeFi United multisig wallet, redeemed for ETH, and used to cover the shortfall across affected markets. Aave has announced a recovery plan following an April 18 exploit […]
Anti-Money Laundering enforcement has overtaken securities violations as the leading regulatory threat facing crypto companies, according to CertiK, with the United States Department of Justice and Financial Crimes Enforcement Network imposing $900 million in AML-related […]
Arbitrum’s Security Council froze exploiter-held ETH after coordinating with law enforcement. Arbitrum said its Security Council initiated an emergency intervention to secure funds linked to the recent KelpDAO exploit after identifying 30,766 ETH held […]
Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto and was probably the result of his being a little too “talkative” on the cypherpunk […]
Egorov said that different DeFi platforms keep pointing to each other during exploits, even as they claim everything is working, while users remain unable to access their funds. Michael Egorov, founder of Curve Finance, […]
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