DeFi Hack: $31 Million Stolen from MonoX Platform on Polygon and Ethereum
The hackers managed to artificially boost the price of MONO tokens and then buy out all other tokens from the liquidity pools by draining the smart contracts.
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The hackers managed to artificially boost the price of MONO tokens and then buy out all other tokens from the liquidity pools by draining the smart contracts.
When Marcus leaves Facebook, former CEO at Upwork, Stephane Kasriel, will take over the position. Also, Kasriel previously worked as the head of product for Novi.
Today’s blockchain ecosystem is replete with many projects ranging from Bitcoin, to those focused on Decentralized Finance (DeFi), and to Non-Fungible Token (NFT) projects respectively. These projects seek to advance the core capabilities of blockchain technology as one that can help revamp all aspects of human activities.
A recent confidential report in Chinese insider has claimed that the Chinese-Canadian entrepreneur possesses around 90 percent stakes in Binance, instead of the suggested 30 %
Apart from staking program, BixBcoin has already announced the launch of several products within its ecosystem.
SoftBank looks to expand its metaverse investment portfolio by funding popular female-centric app Zepeto, at a billion-dollar valuation.
Expectedly, the LG Energy Solution public offering will be the biggest South Korean stock market listing.
The launch of the Budverse cans attracted much interest from the masses with notable reports of temporary site crashes being recorded.
The emergence of the Omicron variant and its reported resistance to existing vaccines has adversely impacted global markets.
Hivemind Capital also unveiled that it has tapped Layer-1 blockchain protocol, Algorand as its first technology partner.
Jack Dorsey can fully concentrate on his payments firm Square that has been integrating Bitcoin in its operations for some time now.
Kraken has joined other crypto exchanges that took advantage of the hype around the increased demand for the memecoin from retail investors.
Just like the scenario played out when the COVID-19 pandemic became a global concern early last year, all tradable financial products are going to feel the impact, with Bitcoin being one of them.
Tornado Cash will integrate with Arbitrum to offer Ethereum Layer 2 benefits such as cheaper and faster transactions, as well as scaling opportunity.
President Joe Biden said that they won’t impose any lockdowns with the spread of the Omicron Covid variant. Besides, there are no plans for travel restrictions as well.