The Singapore-based cryptofinance platform Cake DeFi has now launched its Q2 Transparency Report, which details the company’s accomplishments for the period. Despite Q2 2022 being one of the worst times for the cryptocurrency industry and the overall investment sector, Cake DeFi experienced its best quarter ever in terms of user
Players have a chance to win Scott Kolin’s comic books. Kolin’s comic book can be exchanged for physical art. Few of the characteristics included in the super booster drop are exclusive. One of InterPop’s signature products, the Emergents Trading Card Game (TCG), has finally launched the public beta version. TGS
The Polkadot parachain Acala implements the Horizon cross-chain stablecoin protocol. The attackers’ excessive minting of aUSD stablecoin caused its value to plummet. Many people see Polkadot as the next logical step for Ethereum’s ecosystem. While it has shown promise in certain respects, a major attack was discovered today using one
Malicious hacks and money laundering in the DeFi space are now in full swing. Curve.Finance, one of the top DeFi protocols, turned out to be the recent victim of nearly a $570k hack. On Friday, Binance CEO Changpeng Zhao revealed that the exchange had frozen or recovered $450,000 of the
The duo has been accused of continuously exaggerating the capabilities of their service. Voyager Digital filed for chapter 11 bankruptcy in early July. Mark Cuban, the owner of the NBA’s Dallas Mavericks, is being sued by both Voyager Digital investors and Mavericks supporters. Moskowitz Law Firm has initiated the class
Mashinsky’s wallet traded 17,475 CEL tokens for $28,242 in ether (ETH). The CEO had more tokens than the next four holders combined. Crypto intelligence outfits Nansen and Arkham Intelligence have identified a $CEL address associated with Celsius CEO Alex Mashinsky that has liquidated part of its assets for the first
The Polkadot network’s Acala suite of flexible financial products. Astar Network uses cross-consensus messaging (XCM). Acala, the leading DeFi network, and Polkadot’s innovation hub Astar Network are collaborating to boost DeFi on Polkadot. Effect of this collaboration, the top two parachains introduced The “Astar x Acala DeFi Rising” program to
Over $573,000 was stolen as the result of a front-end website exploit. Curve.exchange appeared to be unaffected by the hack. The decentralized finance (DeFi) protocol Curve.Finance has been the new target for the hackers on late Tuesday. According to a tweet alert from the Curve, Iwantmyname, a provider of DNS
The platform’s decision was attributed to current market circumstances. Hodlnaut apparently had $187 million in TerraUSD [UST]. Aside from Terra’s demise, a number of other crypto lenders filed for bankruptcy after suspending withdrawals. Cryptocurrency lenders like Three Arrows Capital and others have recently gone under, but a Singapore crypto firm
Voyager requested a court order to allow customers to withdraw cash. Voyager received the go-ahead from presiding judge Micheal Wiles. As per a report by WSJ, the U.S. Bankruptcy Court in New York has approved Voyager Digital’s repayment of $270 million to impacted consumers. Voyager received the go-ahead from presiding
