DeFi platform Delta Prime suffers $6M breach
The ongoing hack has already netted the attackers over $6 million worth of stablecoins, which have been swapped to ETH by the attacker. Go to Source
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Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’
Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn’t have to pay back any more funds. Go to Source Powered by WPeMatico
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project started, Anchor Protocol’s earn rate is now roughly 18% APY for … Read more
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s 1st Enforcement Action Involving Decentralized Finance The SEC announced Friday that it has taken the … Read more
