Agave And Hundred Finance DeFi Protocols Attacked With A Loss Of $11 Million
Following the attack, Agave and Hundred Finance have stopped operations to allow proper investigation into the incident. After performing a “re-entrancy” attack against DeFi lending protocol applications Agave and Hundred Finance, a hacker made off with around $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI. The incident comes less than […]
Instagram Sets To Add NFTs Soon —Mark Zuckerberg
The Meta CEO reveals that the company is working to add NFTs to Instagram soon, with the hope that NFT minting will be available in the coming months. Instagram, the video and photo-sharing service owned by Meta, is planning to add non-fungible tokens (NFTs) to its platform, according to CEO Mark Zuckerberg. In a visit […]
New Blockchain Project ‘Aptos’ Gets $200 Million Funding From Diem Team Members
We’ve been able to put our ideas into motion, cut through bureaucratic red tape, and develop a whole new network since leaving Meta (previously Facebook),” Aptos said. Former Meta personnel and key players from the company’s now-defunct stablecoin project Diem have secured $200 million to build a new project called “Aptos.” Mo Shaikh, the former […]
Binance Receives Bahrain Crypto Service Provider License
Binance, reputed as the world’s largest crypto exchange is expected to provide numerous regulated crypto-related services to the Bahraini population. Binance will deliver fully regulated crypto services to its first country in the Middle East, thanks to a license given by Bahrain’s central bank. The Cooperation Council for the Arab States of the Gulf was […]
Blockchain Forensics Company Elliptic Discovers Millions Of Dollars In Sanctioned Crypto Wallet
Elliptic finds a fraudulent crypto wallet holding crypto assets worth millions of dollars. Elliptic, a blockchain security and forensics firm has been collaborating with authorities to disclose crypto wallets linked to sanctioned individuals or groups. The London-based firm uncovered a wallet with “substantial crypto-asset holdings” in the millions of dollars that could be tied to […]