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Year: 2021

cryptocurrency December 21, 2021

Key Takeaways The DeFi protocol Visor Finance has been hacked, resulting in over $8 million worth of losses. A hacker is thought to have exploited a reentrancy bug that allowed them to withdraw funds from a pool. The team has announced a token migration after VISR crashed 95%. Share this article URL Copied Advertisements The […]

cryptocurrency December 21, 2021

Ethereum has seen plummeting exchange withdrawals in recent times. Exchange withdrawals are a metric that is used to sometimes map out investors’ sentiment towards a cryptocurrency. With Ethereum exchange withdrawals reaching one-year lows, it brings to light some facts about the digital asset and where it may be headed. We’ll explore some of that in […]

cryptocurrency December 20, 2021

Key Takeaways An unknown hacker has stolen $30 million from the Fantom-based DeFi project Grim Finance. The hacker exploited a reentrancy bug in the project’s smart contracts. Following the attack, Grim Finance’s total value locked has tumbled from $98.9 million to $4.2 million, while its native token GRIM is down 70%. Share this article URL […]

cryptocurrency December 17, 2021

Key Takeaways Kraken Ventures has raised $65 million from Kraken and a host of institutional investors. The fund will invest in DeFi, Web3, and other areas of the crypto space. It’s also set its sights on expansion in Europe. Share this article URL Copied Advertisements Kraken Ventures already has positions in Anchorage, Messari, Acala, and […]