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The global cryptocurrency market lost at least $670 million in the April-June quarter (Q2), and 97 per cent of the losses were due to hacks and scams, a report said on Thursday.
At the Permissionless conference in West Palm Beach this week, conversations around crypto M&A were heating up as market players discussed this trend growing at the protocol level for DeFi.
According to reports, a major U.S.-based global investment bank has allowed a borrower to use bitcoin as collateral for a cash loan, for the first time in the bank’s history. In other...
NEW YORK (BLOOMBERG) - Crypto projects Rari Capital and Fei Protocol said they suffered a US$77 million (S$107 million) hack on Saturday (April 30), five months after their merger. . Read more at straitstimes.com.
DeFi exploits became the center of attention again as recent research shows that in the first two quarters of 2022, DeFi protocols have lost $1.6 billion to various exploits.