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Daily Defi News from Across the Web

Daily Defi News from Across the Web

Poly Hack Raises More Questions Than Answers

Chatter about the largest hack in decentralized finance (DeFi) history has only elevated, after the attacker or attackers returned at least $342 million worth of drained funds back to Poly Network, the... Read more »

Hackers Stole Over $600 Million from Poly Network Through Exploit

A well-planned, organized attack according to security firm SlowMist Hackers have managed to steal more than $600 million from DeFi platform Poly Network, which operates across Ethereum, Polygon, and Binance Smart Chain.... Read more »

Poly Network Prepares for Hacker to Return Millions in Stolen Crypto

Poly Network – a computer network that allows users to transfer digital tokens across different blockchains – has set up three wallet addresses in the hopes that the hacker who drained about... Read more »
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Market Wrap: Bitcoin Slips as Crypto Tax Bill Heads to House

Bitcoin pulled back on Tuesday after a nearly 20% rise over the past week. The cryptocurrency was trading at around $45,000 at press time and is down 2% over the past 24... Read more »
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Crypto Panhandlers Beg Poly Network Attacker for Share of $613M Haul

After an alleged hacker drained more than $600 million from cross-chain decentralized finance (DeFi) protocol Poly Network, opportunistic cryptocurrency users flooded Ethereum’s blockchain explorer with pleas for even a tiny portion of... Read more »
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Justin Sun Ventures Into GameFi Projects With USD 300M TRON Arcade Fund

Source: AdobeStock / REDPIXEL Tron (TRX) and its partners said they have established a USD 300m fund called TRON Arcade, which will invest in and incubate GameFi projects over the next three... Read more »
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DeFi Has Accounted for Over 75% of Crypto Hacks in 2021

DeFi Has Accounted for Over 75% of Crypto Hacks in 2021 Source link Read more »
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Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost

Cross-chain decentralized finance (DeFi) platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto. Poly Network, a protocol launched by the founder of Chinese blockchain... Read more »
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What Just Happened With the Infrastructure Bill?

Well, the U.S. Senate’s going to pass its infrastructure bill today. Despite a week of negotiations, the language in the bill will be the broadest version possible. There’s a bit of regulatory... Read more »
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Ether Held on Centralized Exchanges Hits 3-Year Low

Ether Held on Centralized Exchanges Hits 3-Year Low Source link Read more »

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