Topic
GeneralBeginnerAuthorities successfully recovered over $674 million worth of stolen cryptocurrency in 2023, a significant portion stemming from large-scale hacks. This figure represents a 25% recovery rate, highlighting advancements in security measures and investigative techniques within the crypto space. This…
#crypto#defi#hackers
The Hong Kong Securities and Futures Commission (SFC) has warned the public about potentially unsafe investment products such as “Floki Staking Program” and “TokenFi Staking Program.” Both goods are linked to the Floki ecosystem. According to the SFC, these products provide staking services and…
#crypto#defi#staking
EthereumBeginnerConcentric, a liquidity manager app, was exploited on Arbitrum, according to the protocol’s official X account. The attacker gained access to the deployer account’s private key through a “social engineering attack,” which was subsequently used to “upgrade the vaults, mint new LP tokens, and…
#crypto#defi#dex
GeneralBeginnerA crypto trader made $6.77 million within three hours of the SatoshiVM (SAVM) token’s launch. The trader used a banana gun sniping tool to acquire the to-be-launched token first, then sold it as the price increased, profiting by nearly $7 million. Using the banana gun trading bot, the trader…
#ai#crypto#defi
GeneralBeginnerLedger has since said that the exploit was the result of a phishing attempt against a former worker. In response to an exploit on December 14, more decentralized applications (DApps) have momentarily stopped using their front-end user interface for Ledger Connect. Users are advised to “not connect…
#defi#ledger
GeneralBeginnerMultiple decentralized applications, such as Revoke. cash and SushiSwap, which used Ledger’s connector library have been compromised. Ledger says they’ve resolved the problem. On December 14, there was a hack on the front end of several DApps (decentralized applications) that used Ledger’s…
#crypto#dapp-development#defi
GeneralBeginnerFormer US President Donald Trump has announced the launch of his third non-fungible token (NFT) collection, dubbed “MugShot.” This collection, as the name suggests, features artwork centered around the theme of his ongoing criminal indictments. Details of the “MugShot” NFT collection Reactions and…
#crypto#defi#nfts
GeneralBeginnerBlockchain technology has grown in popularity all around the world. Businesses are adapting in order to remain competitive and thrive. Blockchain developers have recently become in high demand. If you want to work as a blockchain expert or professional, you should start preparing now because there…
#crypto#defi#metaverse
GeneralBeginnerThe terms Decentralized Finance (DeFi) and Centralized Finance (CeFi) refer to two different paradigms in the financial industry. While CeFi functions under conventional centralized systems, DeFi utilizes blockchain technology to offer open and decentralized financial services. We will examine the…
#defi
GeneralBeginnerDecentralized finance (DeFi) is a new financial system based on secure distributed ledgers similar to those used by cryptocurrencies. The method deprives banks and financial institutions of control over money, financial goods, and financial services. The cryptocurrency revolution is one of the…
#defi
PolygonBeginnerPolygon was developed to enhance speed and lower the cost of Ethereum transactions. Due to its secure and decentralized nature, Layer 1 chain Ethereum is one of the most used blockchains; nevertheless, transaction times and gas costs have increased due to its popularity. Polygon, which is based on…
#dapp-development#defi#nfts
