DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
Venus Protocol and Blizz Finance announced that their protocols were exploited due to the difference in LUNA market price and price feed as Chainlink paused the LUNA oracle.
Bitcoin (BTC) Reclaims $30,000 After Flash Crash to $25,900
Bitcoin (BTC) has broken out from a short-term pattern after bouncing at a confluence of Fib support levels. Bitcoin has been decreasing at an accelerated rate since breaking down from…
Cardano’s ADA Jumps 40% to Lead Recovery in Major Cryptos; Sentiment Remains in ‘Extreme Fear’
Crypto markets added over 13% to capitalization in the past 24 hours even as inflation concerns persist.
Record amounts of crypto were stolen in DeFi hacks last quarter
After the record-breaking DeFi summer of 2020, the crypto industry has gone parabolic when adopting decentralized technologies. The industry has been racing to reinstate traditional financial services in the decentralized…
Crypto Massacre: Over $200 Billion Wiped Out From Crypto Market In 24 Hours
According to one analyst, a big sell-off has spread like wildfire over the whole cryptocurrency market, evoking memories of the bank runs that shook investors during the 2008 financial crisis.…
OKX Delists Terra’s LUNA and UST Citing User Protection
Margin, borrowing services have paused since Asian morning hours, and UST pairings would be terminated later today.