Harmony has hit a bum note. To the tune of $100M. Were nine figures really secured by just two signatures? And is this the final encore for Harmony Network?
Shockwaves from the Three Arrows implosion are still shaking the industry. Organisations such as Voyager and BlockFi are desperately looking for a lifeline. Can these CeFi casualties survive solely on the effective altruism of others?
Ticket Tout Tied up in Conference Crime Drama. A self-proclaimed group of “crypto enthusiasts” managed to trick the system for EthCC, purchasing 200 tickets with a plan to sell them on. But EthCC fought back, and now it's the scalpers who are out of pocket.
The flagship feature of Bancor v3, which protects LPs from the effects of volatility, has been suspended, due to… v o l a t i l i t y. If it sounds too good to be true, it probably is.
So many sad stories. All corners of the industry are reporting major losses, after being punished relentlessly by the unforgiving market conditions. And it’s not just those who were leveraged who are feeling the pain.
Flipped again. $1.2M to the anonymous attacker, and $5.8M lost overall. After two hacks in such quick succession, will Inverse be able to survive this crypto winter?
Celsius is burning up. As their positions approached liquidation point, and with users prevented from withdrawing their funds, many feared the worst. It now seems Celsius is cooling down, but will the markets forgive them?
Gym Network offers a “perfect workout for your tokens” but has pushed itself to failure, losing $2.1M. The project’s two audits were completed last month. Why introduce new code so soon and risk an injury?
The glass is half-empty for Wintermute who have lost 20M OP, worth ~$27.6M at the time of the incident. In an already struggling market, actions such as these make it hard to remain Optimistic.
Mirror mirror on the wall… $90 million stolen, but that’s not all. Two exploits hit Mirror Protocol, and the larger of the two wasn’t even noticed at first.
The Luna fall-out continues. Venus Protocol on BSC and Blizz Finance on Avalanche have been drained of $13.5 and $8.3M, respectively. With shaky markets, and the first projects falling victim to the failure of LUNA and UST, how far will the damage spread?
Our house of cards is tumbling down. A multi-billion dollar protocol has fallen, crushing the hopes and dreams of thousands of users. The shockwaves have brought attention from far beyond our usual echo chamber. Now the whole world is watching. The death of Anchor Protocol has done an unprecedented amount of damage.