Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined

📆 02/09/2023 07.00.00
📰 Cointelegraph

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Ethereum automated market maker and DeFi protocol Balancer was exploited for nearly $900,000 as DeFi exploits and hacks continue to mount.

decentralized finance In this week’s newsletter, Ethereum staking services have agreed upon a 22% limit on all validators to ensure fair markets. August proved to be another costly month for DeFi as several protocols were collectively exploited for $16 million. In separate exploit news, Balancer protocol lost nearly $900,000 due to a vulnerability flagged months ago.

The DeFi market had another late-week bearish decline due to an overall market fall after news dropped of a delay in the decision on approval of a spot Bitcoin’s spot exchange-traded fund . Most DeFi tokens traded in the red, and the total value locked in DeFi tokens remained below $50 billion.

Tulis Komentar

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Personal FinanceStories related to personal finance.
Sumber: fox5ny - 🏆 587. / 51 Baca lebih lajut »

Lincolnwood names Risko, Welch, finance, public works directors.Lincolnwood has promoted John Welch to public works director and John Risko to finance director.
Sumber: chicagotribune - 🏆 8. / 91 Baca lebih lajut »

TCU finance junior shot and killed in Fort Worth's West 7th districtOne person is in custody, accused of gunning down a TCU student in Fort Worth’s popular West 7th entertainment district overnight Thursday.
Sumber: NBCDFW - 🏆 288. / 63 Baca lebih lajut »