Cream Finance’s DeFi platform suffers a $19 million loss as a result of a flash loan hack
Using a reentrancy issue in the AMP token, the Cream Finance hacker was able to profit by $18.8 million over the course of 17 transactions. In a huge exploit, Cream Finance , a major decentralized finance (DeFi) protocol focusing on lending, was targeted by a hacker who stole approximately $19 million from the platform’s cryptocurrency. […]
Standard Chartered creates blockchain trading platform in collaboration with a Chinese fintech firm
According to the corporation, Standard Chartered (StanChart) has built a blockchain-powered trade finance platform with Chinese supply chain finance technology supplier Linklogis. According to a story published on August 30 by The Korea Herald, the platform, which will be known as Olea, would endeavor to address the needs of institutional investors that are “looking for […]
Tezos and Cosmos Soar as the Crypto Market Expands
The costs of Tezos and Cosmos have risen dramatically as a result of recent improvements. With the exception of Bitcoin, altcoins Tezos and Cosmos have managed to register considerable gains in the last twenty-four hours despite today’s small market correction. According to cryptocurrency data aggregator Nomics, Tezos has increased by an astonishing 16.67 percent since […]
In one hour, the Bored Ape Yacht Club sold $96 million in Mutant Ape NFTs
The NFT project sold 10,000 Mutant Apes for 3 ETH each yesterday, bringing the total amount sold to 10,000. They are now trading for twice as much. The NFT project Bored Ape Yacht Club raised $96 million in a single hour on Saturday night through a public auction of 10,000 Mutant Apes. The organization also […]
NBA superstar purchases Ethereum Bored Ape Yacht Club NFT for $180,000
Stephen Curry spent $180,000 for a Bored Ape NFT that was dressed in tweed, and he has joined the project’s Discord server. NFT from the Bored Ape Yacht Club, which NBA star Stephen Curry purchased for 55 ETH ($180,000) earlier today, has proven to be another solid investment for the star. Curry, who has won […]