Ethereum Watch

Key Takeaways Akropolis lost $2 million in breach despite independent audit. The funds were stolen from liquidity pools connected to the project. User funds and staking pools were not affected. Share this article According to reports within the crypto community, Akropolis, an Ethereum-based DeFi lending platform, was attacked this week.  Advertisements The attacker managed to […]

Key Takeaways Value DeFi, a protocol for staking cryptoassets in exchange for yield, was exploited for $7.4 million on Saturday morning. An attacker pulled off the elaborate move by carrying out a flash loan for 80,000 ETH. Attacker also paid $2 million back to the protocol during the multi-step process. Share this article Value DeFi […]

Key Takeaways The DeFi surge in 2020 led to more than a dozen hacks over several months. More than $50 million was lost due to bugs, exploits, and hacks. Although some losses were recovered, DeFi users need to stay vigilant when interacting with applications. Share this article DeFi is nothing short of a revolution. Automated […]

Advertisements Quick take: The Ethereum Foundation is calling on developers to help build the ETH2.0 Ecosystem This will be in the form of community grants ETH2.0 mainnet deposit address is live with Phase 0 staking currently at 13.61% Mid-last week, the Ethereum Foundation announced that it was launching a Community grants program geared towards building […]

Advertisements Quick take: The percentage of Ethereum being held on crypto exchange is at 13.35% of the total supply in circulation This value is the lowest since November 23rd, 2018 DeFi and preparation for ETH2.0 staking could be two reasons why this is so It could also indicate that whales are least likely to dump […]