Up to $100,000 Rewards! Beosin hosts the Sei Hackathon with partners- Register Now!
Between August and September 2023, Beosin, in collaboration with the Sei Foundation, Alibaba Cloud, and co-hosts MoleDAO and Builder DAO, will hold a hackathon
Secure and Ready: MetaTrust Labs Confirms Robust Security of Hope.money in Comprehensive Audit
Hope.money has successfully completed a comprehensive security audit conducted by MetaTrust Labs
DeFi App Steadefi Exploited for $334,000, All Funds at Risk
Steadefi, a decentralized finance (DeFi) app, has suffered an ongoing attack resulting in a loss of at least $334,000. The app's development team has warned that all funds are currently at risk. The attack has caused a significant drop in the app's total value locked (TVL), according to DeFiLama data. The Steadefi team has attempted to negotiate with the attacker by sending an on-chain message to a specific Ethereum address. Further updates on the situation are expected.
Curve Finance Launches Bug Bounty Program to Catch Exploiter After Recent Hack
Curve Finance, a major player in the DeFi space, has launched a bug bounty program following an exploit that exposed vulnerabilities in the protocol. The program offers a reward of 10% of the remaining exploited funds (currently $1.85M USD) to anyone who can identify the exploiter in a way that leads to a conviction in court. The move comes after the original deadline for the exploiter(s) to return the stolen funds elapsed. Curve Finance hopes to engage the broader community in safeguarding the ecosystem and recover lost funds while highlighting the industry's commitment to responsible and ethical behavior.
MakerDAO Criticized for Blocking VPN Users from Accessing Lending Platform
MakerDAO has faced criticism for blocking VPN users from accessing its new lending platform, Spark Protocol. The move is linked to Maker's attempt to restrict US users from accessing the platform, and Spark Protocol's terms of service prohibit US users from using a VPN to conceal their US residency.
Bitcoin's Price Stagnant at $29K, Speculation on Push to $30K Amidst Growing Volatility Pressure and Positive Momentum in New Address Creation
The price of Bitcoin is currently hovering around $29K and there is speculation about what it will take to push it past $30K. Despite this, there are new developments in the crypto world and DeFi is still relevant. The article also includes CSS code for a responsive widget container and media queries for different screen sizes.
Curve Finance Warns Users to Beware of Twitter Scams
Curve Finance, a leading decentralized finance (DeFi) platform, has issued a warning to users regarding scams on Twitter. Numerous accounts impersonating DeFi projects have been engaging in fraudulent activities.In a recent statement, Curve Finance emphasized that their official account does not have any verification mark, while most scam accounts display either a blue or yellow mark.
English Law Commission proposes new approach to regulate digital assets and make UK a jurisdiction of choice for DeFi and other structures
The English Law Commission's final report on digital assets proposes a new approach to address the lack of clarity in laws and regulations for digital assets. This approach may make the UK a preferred jurisdiction for DeFi and other digital asset structures. The legal uncertainty surrounding DeFi and the digital asset economy hinders their development, as seen in cases where victims of fraud were unable to freeze or obtain remedies against cryptoassets held in exchanges. Additionally, legal uncertainty makes it difficult to determine ownership of cryptoassets and assess risks in DeFi transactions.
BakerySwap Announces $PUNK Airdrop for Community Members Based on ETH Holdings
BakerySwap, a popular platform in the decentralized finance (DeFi) space, has revealed an exciting opportunity for the Bakery community. Punk X, a prominent project, will be launching a significant $PUNK airdrop exclusively for BakerySwap participants, determined by their ETH holdings on the Base platform.To take part in this airdrop, community members should follow these steps:1️⃣ Send 0 ETH on #Base to the address 0x3d36d5E7b1E22625d8b5f14B21AEcf0e97eC96C1.2️⃣ Follow @PunkXWorld and @bakery_swap on Telegram.3️⃣ Join the BakerySwap Telegram group at <a href="http://t.me/bakeryswap" target="_blank">http://t.me/bakeryswap</a>.
