Multichain saw significant outflows yesterday causing fears of an exploit, as the team urged users to revoke all contracts until further notice. Meanwhile, CEO Zhaojun hasn’t been seen since the end of May, with rumors at the time suggesting he may have been arrested in China.
Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?
Multichain saw significant outflows yesterday causing fears of an exploit, as the team urged users to revoke all contracts until further notice. Meanwhile, CEO Zhaojun hasn’t been seen since the end of May, with rumors at the time suggesting he may have been arrested in China.
Another DeFi lending protocol has become the victim of hackers as Sturdy Finance lost more than $760,000 worth of users' assets. Is something broken in DeFi lending?
Over $35 million worth of user funds were lost in the recent Atomic Wallet hack, the mechanics of which is yet to be investigated. The traces of the laundered assets lead to the Lazarus group.
The top hardware wallets Ledger and Trezor are among the strongest advocates for the self-custody of assets. Is absolute self-custody actually possible though?
The crypto industry has lost over $100 million due to scams and hacks. Apart from that, exploiting the recent popularity of meme-coins, someone single-handedly created 114 scam meme tokens.
