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

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

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 562. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Personal FinanceStories related to personal finance.
Källa: fox5ny - 🏆 587. / 51 Läs mer »

Lincolnwood names Risko, Welch, finance, public works directors.Lincolnwood has promoted John Welch to public works director and John Risko to finance director.
Källa: chicagotribune - 🏆 8. / 91 Läs mer »

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.
Källa: NBCDFW - 🏆 288. / 63 Läs mer »