DeFi

The Euler Hacker Has Returned $31 Million, Signaling The Exhaustion Of Recoverable Funds In The Defi Exploit

The Euler Hacker Has Returned $31 Million, Signaling The Exhaustion Of Recoverable Funds In The Defi Exploit

The person responsible for hacking and stealing funds from Euler Finance, a decentralized lending project, has returned the remaining $31 million, effectively ending the project’s recovery efforts. On Monday, at around 6:55 pm EST, the hacker sent back $31 million, which included 10,580 ETH ($19 million) and $12 million in DAI, through three transactions. This …

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Ankr Verifies The Exploit, And Inquires About A Quick Trading Suspension

Ankr Verifies The Exploit, And Inquires About A Quick Trading Suspension

The decentralized-finance protocol announced that they are functioning with swaps to instantly terminate the trading of its BNB staking, grants receipt, and NBC. BNB (DeFi) protocol is Chain-based decentralized finance. Ankr has ensured that a multi-million buck manipulation struck BNB on December 1, 2022. The raid seemed to be foremost located by on-chain safety reviewer …

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Debridge Introduces The Deswap Liquidity Network To Improve Bridging Security

DeBridge introduces the deSwap Liquidity Network to Improve Bridging Security

DeSwap Liquidity Network (DLN), a cross-chain bridging platform from DeBridge. It invented the well-known “locked liquidity” bridging system. The platform intends to increase the security of cross-chain transfers and applications by no longer locking assets. With connections with Ethereum, Arbitrum, Solana, Avalanche, and Optimism, among others, DLN is scheduled to launch in November. According to …

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