Venus Protocol, a major lending platform on BNB Chain, said it fully restored operations after suspending withdrawals and liquidations in response to a suspected exploit on Tuesday. The protocol confirmed…
In brief
A Binance Smart Chain user fell victim to a phishing scam and lost $27 million worth of tokens on Tuesday.
Early reports suggested that BNB lending platform Venus Protocol had…
Crypto exchange BigONE has suffered a third-party attack targeting its hot wallet infrastructure, resulting in an estimated loss of approximately $27 million.On July 16, BigONE said it detected the security…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Key Points:Derive and Synthetix cancel $27 million acquisition plan.Community opposed merger valuation and potential SNX dilution.Synthetix and Derive to pursue independent strategic initiatives.
On May 26, Derive and Synthetix announced the…
Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback.A Synthetix spokesperson told Cointelegraph on May 22 that its acquisition…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…