Ethereum, the leading blockchain proof-of-stake blockchain, recorded its worst week of the year in terms of illicit flows. The spike coincided with a Curve Finance exploit that saw $73 million drained from the leading DeFi protocol.
The spike coincided with a Curve Finance exploit that saw $73 million drained from the leading DeFi protocol.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Ethereum, the leading blockchain proof-of-stake blockchain, recorded its worst stretch of the year in terms of illicit flows last week.
Data tracked by Chainalysis shows that known illicit flows as a percentage of total flows on Ethereum reached nearly 2% for a period of several days last week. Between July 30 and August 5, the metric ranged between 1.7% and 1.82%, before returning to normal levels on August 6. The highest recording prior to last week came in January, when illicit flows hit 1.46% of total flows on the network.It is not clear exactly what prompted the spike, but it coincides with a high profile exploit of Curve Finance, the decentralized exchange — which shook DeFi last week.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Curve Recoups 73% of Hacked Funds, Bolstering CRV SentimentThe relatively swift recovery has improved the sentiment around $CRV, which have pared most of the losses from a 30% drop following the attack. By shauryamalwa.
Lire la suite »
Curve Finance Sees 'About 70%' of Stolen Funds Recovered After Exploit: Nansen AnalystWhitehats hackers and attackers have returned over 73% of all funds stolen from Curve Finance after its early August exploit. Nansen analyst Sandra Leow recaps the events of what happened with Curve, which saw the platform lose millions of dollars worth of various tokens, causing contagion effects in the broader ecosystem.
Lire la suite »
Week in DeFi: Curve Founder OTC Deals, BOLD by Offchain Labs, BALD RugsCurve founder sells CRV in OTC deals to repay his CRV loans, while Base plans to open mainnet to the public on August 9. Check out the top DeFi news in our weekly roundup! View post on Twitter Chaos rocked the DeFi world as established protocols instrumental to DeFi came under attack. But rain or shine, ecosystems keep building and protocols stay shipping.
Lire la suite »
$1.85M Bounty To Dox Curve Hacker Open to Public After Missing Deadline To Return FundsThe hacker responsible for the recent $61 million Curve exploit has failed to return the funds within Curve Finance's deadline. As a result, Curve Finance has now made the bounty open to the public, offering a reward for doxxing the hacker. While some funds have been returned, there is still 10% of the stolen $18.5 million up for grabs as an incentive for locating the hacker and aiding in their prosecution.
Lire la suite »
Ethereum community baffled by mysterious $4.5 million ether burnObservers in the crypto space were stunned when nd4.eth sent 2,500 ether ($4.5 million) to a burn address for currently unknown reasons.
Lire la suite »