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Recently, cryptocurrency prices have returned to levels last seen in February during the market drop. In their aftermath, the number of liquidations on lending protocols has dropped significantly. This is not a coincidence. This event can be seen, in practical terms, as a (very) brief borrowing opportunity. At the same time, it is clear that … Read more
A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority. Go to Source Powered by WPeMatico
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralized finance (defi) platform, Lodestar Finance … Read more
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol. Go to Source Powered by WPeMatico
A hacker apparently so thrilled by a successful theft left behind over $1 million in a smart contract that was set to destruct, permanently ensuring the crypto could never be moved. Go to Source Powered by WPeMatico
The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. Go to Source Powered by WPeMatico
