Crypto thieves steal $363M in Nov, the most ‘damaging’ month this year
The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams and exploits in 2023, with crypto...
DeFi
US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
The United States’ approach to cryptocurrencies could do more harm than good, and it risks losing major players by the...
DeFi could solve Africa’s foreign exchange problems, neobank CEO says
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States...
Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings
The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea....
Wormhole raises $225M at $2.5B valuation
Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion.According to the Nov. 29 announcement, the...
Aerodrome and Velodrome DeFi platforms experience front-end hacks
The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28. The two platforms posted...
Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a...
KyberSwap DEX hacker sends an on-chain message: Be nice, or else
The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the...
OKX launches crypto exchange, wallet services in Brazil
Cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local...
KyberSwap Retrieves $4.7 Million After Negotiations With Bot Operators
Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted...
Inferno Drainer says it’s shutting down after helping steal $70M in crypto
Inferno Drainer, one of the most popular crypto wallet-draining kits for hire, says it is shutting down for good after...
Indexed Finance thwarts hijackers, set to compensate 2021 hack victims
Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control...
KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Tether, Bitfinex agree to drop opposition to FOIL request
Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in...
KyberSwap attacker used ‘infinite money glitch’ to drain funds — DeFi expert
The attacker who drained $46 million from KyberSwap relied on a “complex and carefully engineered smart contract exploit” to carry...
KyberSwap DEX exploited for $46 million, TVL tanks 68%
Around $46 million in various crypto assets has seemingly been drained from the decentralized KyberSwap exchange in the latest decentralized...
PancakeSwap implements new ‘Gauges’ voting system and sunsets vCAKE metric
Decentralized crypto exchange PancakeSwap has implemented a new voting system called “Gauges” and sunsetted its vCAKE metric, replacing it with...
There’s More to the Story
The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46...
Substance abuse grows among crypto traders – Cointelegraph Magazine
Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing...
dYdX founder blames v3 central components for ‘targeted attack,’ involves FBI
The founder of Decentralized finance (DeFi) protocol dYdX, Antonio Juliano, took to X (formerly Twitter) to share the findings of...
dYdX raises margin requirements in some markets, bans “highly profitable trades”
Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund...
dYdX founder claims targeted attack led to $9M insurance claim
Decentralized exchange (DEX) dYdX was forced to use its insurance fund to cover $9 million in user liquidations on Nov....
