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Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach.

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Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’

Payments Company Square Rebrands to ‘Block Inc.,’ Crypto Service Will Be Called ‘Spiral’

Following Jack Dorsey’s resignation announcement on Monday, two days later Dorsey’s payments company, Square Inc., disclosed that it was rebranding and changing its name to Block Inc. The company said the name Block has “many

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Meta Relaxes Facebook’s Cryptocurrency Ad Policy — Says Crypto Continues to ‘Mature and Stabilize’

Meta Relaxes Facebook’s Cryptocurrency Ad Policy — Says Crypto Continues to ‘Mature and Stabilize’

Meta, formerly Facebook, has relaxed its policy for cryptocurrency advertisements, making it easier for companies to run crypto ads on its platform. “We’re doing this because the cryptocurrency landscape has continued to mature and stabilize

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‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies

‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies

Jordan Belfort, the former stockbroker whose memoir was made into a film starring Leonardo DiCaprio, has warned about investing in meme cryptocurrencies, like dogecoin (DOGE) and shiba inu (SHIB). Belfort explained that “People are taking

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New Order DAO to Launch 30-40 DeFis in Collaboration with Outlier Ventures: Details

New Order DAO to Launch 30-40 DeFis in Collaboration with Outlier Ventures: Details

New Order signs a partnership with Base Camp, an Outlier Ventures incubator to launch a generation of new DeFi Within the new partnership, New Order, a novel decentralized autonomous organization, is going to introduce 30-40

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Korea’s Hashed Raises $200 Million for Web3 Investments

Korea’s Hashed Raises $200 Million for Web3 Investments

South Korea’s leading blockchain company Hashed has announced that it has raised a $ 200 million investment fund. Hashed Venture Fund II Per a press release shared with CryptoPotato, the $200 million fund dubbed Hashed Venture

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Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale

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Cardano-Based DEX Announces Date of Testnet Launch

Cardano-Based DEX Announces Date of Testnet Launch

Major Cardano-based decentralized financial protocol set to launch testnet Cardano-based decentralized exchange SundaeSwap has announced that its testnet launch is going to take place on Dec. 5. Thousands of users will be able to try

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Meta Expands Avenues For Running Crypto Ads On Facebook

Meta Expands Avenues For Running Crypto Ads On Facebook

Meta – formerly Facebook – said they will be expanding crypto ad eligibility on their platform, by increasing the number of regulatory licenses they accept. Formerly limited to 3, the company now accepts 27 licenses,

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Former PayPal CEO’s Cryptocurrency Exchange Goes Live for Institutional Clients

Former PayPal CEO’s Cryptocurrency Exchange Goes Live for Institutional Clients

PayPal Co-Founder-Backed ‘Bullish’ Exchange To Be Launched For Institutional Investors The cryptocurrency exchange backed by Peter Thiel and Richard Li began operating for a batch of institutional investors on Tuesday. The start for institutional investors

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