Crypto hacks down by 54.2% in June, $176M lost in a month

May was the biggest month in terms of crypto losses in 2024 so far, with nearly $385 million in net losses suffered from crypto hacks.

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Ether restakings biggest risk is lack of understanding around asset looping Haven1

Ether restaking is a robust financial tool, but investors need to understand the number of loops they are adding.

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Pyth ploys DeFi lending overhaul with Morpho, Gauntlet partnership

Pyth Network teams up with Morpho and Gauntlet to enhance lending protocols on Ethereum and Base using low-latency price data.

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Stablecoin Activity Soars to $72B as SEC Declares Key Tokens Are Not Securities

The crypto world witnessed a major upswing this week, with stablecoin activity climbing to remarkable heights. According to data from blockchain analytics firm IntoTheBlock, daily active addresses for stablecoins surpassed 300,000, a figure not seen since early 2024. Similarly, on-chain stablecoin transaction volume reached a staggering $72 billion on Thursday, marking the highest level since […]

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Over $700 Million In Crypto Assets Stolen In Just 12 Days, Report

On the historical timeline of hacker attacks, 2022 will soon overtake 2021 as the most recent entry. But October of this year is particularly fatal – with close to $718 million in crypto assets being hacked in just 12 days, as reported by an analytics firm Chainalysis on October 12th. According to the analytics firm’s […]

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This Ethereum Competitor Just Shot Up To Top 10 In TVL

An under-the-radar Ethereum competitor is making a lot of WAVES over the past couple of weeks. Covered: Waves TVL Skyrockets To Top 10 WAVES Price Analysis As the crypto markets have been turning bullish over the past two weeks, the Ethereum competitor WAVES benefited the most from the changing tides in market sentiment. But what […]

The post This Ethereum Competitor Just Shot Up To Top 10 In TVL appeared first on CryptosRus.

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Decentralized Money Market Protocol Aave Joins BNB Chains Defi Landscape

On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total. Aave Goes Live on BNB Chain The [...]

The post Decentralized Money Market Protocol Aave Joins BNB Chains Defi Landscape appeared first on Crypto Breaking News.

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Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked

On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the top ten defi protocols except for Lido [...]

The post Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked appeared first on Crypto Breaking News.

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DeFi hacks drop 40% in 2024, CeFi breaches surge to $694M Hacken

DeFi losses dropped 40% in 2024 as advanced security measures strengthened protocols, while CeFi breaches surged to $694 million.

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Hackers got away with $440M in 28 exploits in Q3: Report

The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.

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Aave proposal to peg Ethenas USDe to USDT sparks community pushback

The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.

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Euler Finance Hacker Returns Stolen Funds

Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance's efforts to recover the funds and restore investor confidence. (Read More)

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