DeFi Protocol Multichain Hacked For $126 Million, PechShield Confirms
In a shocking turn of events, the cross-chain router protocol Multichain has been targeted in an exploit, resulting in significant ...
Tag: DeFi
BIS Introduces Defensive Measures For CBDCs Against DeFi-Related Cyber Threats
Central Bank Digital Currencies (CBDCs) are part of the digital economy's evolution. However, as these digital assets gain traction, they ...
DeFi On Cosmos Gets A Boost As Tether Launches USDT On Kava
Tether, the company behind the largest stablecoin, USDT, has partnered with Kava, a lightning-fast layer-1 blockchain, to launch USDT on ...
European Trade Body Advocates For Inclusion Of DeFi In MiCA Regulation
The Association for Financial Markets in Europe (AFME) has raised concerns about the exclusion of decentralized finance, or DeFi, from ...
Crypto Attacks Surge 63% Despite Decrease In Total Losses, New Report Reveals
In the second quarter of 2023, the crypto sphere experienced a 65.3% year-on-year increase in the total number of cyber ...
Saxo Bank Forced To Sell Crypto Holdings By Danish Authorities
The Danish Financial Supervisory Authority (FSA) has ordered Saxo Bank to dispose of its inventory of crypto assets, following a ...
Police Apprehend Pair Of 17-Year-Olds Who Allegedly Stole $4.2 Million In Crypto
According to a CNBC report, US Hamilton police have arrested and charged two 17-year-old boys after allegedly stealing $4.2 million ...
Encryption A.l Developer Rug Pulls $2 Million To Repay A $300,000 Crypto Gambling Debt
A 22-year developer behind Encryption A.l, a cryptocurrency project, has rug-pulled users of roughly $2 million ahead of the platform's liquidity ...
