Reports are coming in that Origin Dollar (OUSD) exploited for $2.25 million in DAI and $1 million in Ethereum.
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Akropolis project gets hacked, $2 Million DAI hacked
Akropolis got hacked and hacker took out 2 million dollars in DAI, which is a stablecoin pegged to USD. Exploit involved its Curve savings pools.
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Metal Pay app adds support for Apple Pay
Metal Pay has integrated their sign-in process with Apple ID to make it easier than ever to get into your Metal Pay account. When seconds matter and you’re trying to get in, make a purchase, and get out, using your Apple ID ensures this whole process runs smoothly.
BTC and Stablecoin pools of Harvest Finance got economic attacked
The economic attack was performed through the curve y pool, stretching the price of the stablecoins in Curve out of proportion and depositing and withdrawing a large amount of assets through harvest.
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DeFi Pulse introduces Economic Safety Grade
DeFi Pulse has done a partnership with Gauntlet network to create economic safety grades that allows users to more easily qualify and compare risks that they come across while using on-chain protocols. Decentralized lending protocols have grown to become essential tools for DeFi users, but with that growth came added complexity.
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CEX.io adds Aave (LEND), UMA (UMA), Yearn.finance (YFI), Synthetix Network Token (SNX), Kyber Network (KNC), Balancer (BAL), Curve DAO Token (CRV), Wrapped Bitcoin (WBTC), DAI (DAI), True USD (TUSD)
Popular cryptocurrency exchange, CEX.io has announced that it will add 10 new tokens on its exchange. This includes Aave (LEND), UMA (UMA), Yearn.finance (YFI), Synthetix Network Token (SNX), Kyber Network (KNC), Balancer (BAL), Curve DAO Token (CRV), Wrapped Bitcoin (WBTC), DAI (DAI) and True USD (TUSD).
MANY token exit scams costing people thousands of dollars
Developer behind MANY, an Ethereum token tricked another admin to add another owner on the $MOAR multi-sig dev wallet. He then waited until all other admins was asleep and dumped on the community. One of the most popular and well-known Cyptocurrency Twitter account, ImNotTheWolf was one of largest liquidity providers on MANY / ETH and MOAR / MANY pair on Uniswap decentralized exchange.
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DeFi needs BSA compliance or ban US users to stay compliant
The US is a complicated patch-work of jurisdictions when it comes to laws. It has multiple regulatory bodies, multiple types of law (civil vs criminal, etc), multiple regulatory jurisdictions (state vs federal) and hefty debate on how the law is applied.
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SingularityNet is migrating from Ethereum blockchain to Cardano
SingularityNet developers have announced that they will be moving from Ethereum blockchain to Cardano’s blockchain. They say that the current speed and cost issues with the Ethereum blockchain will bring more on board.
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EMN Token creator exit scams with 16M dollars
EMN token creator has exit scammed by dumping all of his tokens in one go on Uniswap exchange, a decentralized cryptocurrency exchange that lets you trad without any KYC or sign up.
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