Hacked Lending Protocol XCarnival Gets $1.9M Worth of ETH Back
In recent developments, a Metaverse Asset Bank, XCarnival has experienced an outrageous hacking attempt. It lost over 3,087 ETH tokens in the attack. However, the network was
DeFi News (Latest Publications)
Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.
In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of that happens around you.
Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.
$100 Million Stolen on the Horizon Bridge
An attack targeting a critical vulnerability in Horizon Bridge, a cryptocurrency bridge that was targeted by hackers, resulted in the theft of about $100 million.
Elon Musk, Tesla, and SpaceX Hit With a $258 Billion Dogecoin Pyramid Scheme Lawsuit
Elon Musk and his popular organization are caught in a flurry of allegations for running and supporting a pyramid scheme to support Dogecoin. Along with Musk,
DeFi Platform Inverse Finance Hacked; Loses Over $1.2M
Ethereum-based DeFi lending protocol, Inverse Finance, suffered a flash loan attack, where attackers stole $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC). As per Peckshield,
Israel and Hong Kong Test Cyber Risks of CBDCs
The Bank of Israel announced that it is collaborating with Hong Kong Monetary Authority to phase out a digital currency, including finding out how it handled
Metamask Announces Discovery of a Vulnerability in its Wallet
MetaMask published an article describing a vulnerability in the wallet and the fixes that have been made in the new version. The release notes point out
Arbitrage is Being the Secret Weapon of Traders in this Crypto Winter
Ever since January, cryptocurrencies have seen a considerable decline. As a result, current investors are selling off their assets at a lower price. On the other
Are Merchants Ready to Receive Payments in Cryptocurrencies?
Cryptocurrencies were rather unknown a few years back, and no one could anticipate their integration into the traditional economic ecosystem. However, the modern world changes at
Optimism Exploited of 20M OP Tokens After a Transfer Error
Ethereum Layer-2 solution, Optimism, lost 20 million tokens that were inadvertently sent to a wrong blockchain address. The digital tokens were sent to Layer-1 ETH wallet,
Silicon Valley Is Falling Victim to Crypto Scammers
Silicon Valley techies are being fleeced by cryptocurrency fraudsters who are stealing millions of dollars. A new article entitled “Seduced by crypto and taken for millions”
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