$106,574.00
2.25%$2,641.60
4.35%$2.24
4.09%$666.49
1.83%$162.15
6.15%$0.999776
0.00%$0.19773
3.62%$0.271329
1.56%$0.694048
3.43%$2,645.33
4.61%$106,594.00
2.37%$37.93
14.53%$3.31
1.28%$3,161.66
3.81%$14.34
4.74%$21.43
4.52%$0.27464
3.54%$8.78
5.24%$406.79
2.01%$3.20
0.69%$0.00001329
3.52%$0.174874
3.68%$2,639.69
4.26%$0.999805
-0.01%$89.98
2.04%$2,802.47
3.87%$348.61
-4.57%$4.18
3.98%$0.997259
-0.37%$1.001
0.01%$4.88
3.90%$0.00001283
9.68%$0.653198
1.76%$106,522.00
2.08%$31.51
0.57%$271.58
8.68%$6.82
8.86%$398.49
-2.19%$1.18
0.07%$4.99
5.66%$2.57
6.45%$0.102973
-0.92%$50.30
1.18%$195.91
6.36%$1.00
0.00%$5.27
7.61%$0.866632
4.13%$17.66
3.15%$32.35
2.84%$1.054
0.03%$0.091403
5.21%$19.72
2.78%$0.683139
0.58%$11.38
2.25%$0.998025
-0.21%$0.02509086
4.08%$0.814823
10.03%$4.11
6.70%$4.46
2.98%$0.344436
10.43%$0.219056
1.89%$106,339.00
2.29%$1.22
8.01%$4.43
0.26%$0.371177
8.11%$2.64
3.68%$0.201933
4.78%$0.551509
6.66%$110.54
4.89%$1.003
0.50%$2,628.91
3.79%$4.54
2.85%$2.29
5.20%$171.31
6.24%$11.24
-0.53%$0.0000177
6.08%$2.03
3.96%$0.418716
3.05%$1.001
0.17%$12.92
9.49%$1.26
1.90%$3,004.93
4.46%$2,759.35
4.30%$0.797236
8.04%$0.01855171
-2.24%$4.24
2.68%$1.19
8.98%$0.684241
5.53%$0.203707
6.03%$0.584362
6.68%$1.12
13.54%$1,939.12
15.66%$1.006
18.29%$0.997228
-0.26%$0.655793
2.26%$106,144.00
1.80%$0.059907
-1.91%$2,810.06
4.36%$0.100116
5.70%$0.705404
5.43%$0.999643
-0.00%$2,778.37
6.15%$1.00
0.03%$2,774.30
4.21%$106,529.00
2.27%$665.13
1.39%$53.53
0.84%$0.00008892
5.86%$180.61
6.44%$107,131.00
1.72%$3,352.29
-0.78%$3,361.79
-0.80%$0.797079
5.22%$0.885511
5.75%$0.01753262
5.30%$2.42
1.91%$210.60
6.25%$0.01556488
3.43%$22.22
6.12%$2.52
7.86%$0.190448
3.82%$0.720602
2.26%$0.123643
4.21%$4.33
4.74%$0.287236
5.12%$0.01102952
5.63%$0.0000007
2.06%$0.510325
4.53%$34.44
2.78%$0.115687
3.38%$1.00
0.05%$111.28
0.02%$106,301.00
2.05%$0.997389
-0.05%$1.85
9.03%$0.590244
4.46%$2.00
-0.35%$1.74
5.32%$3.30
-1.50%$0.379556
3.63%$2,646.72
4.56%$1.09
-0.12%$2,645.84
4.57%$0.566715
2.58%$0.05697
8.44%$0.696712
5.45%$2,745.04
4.14%$0.288697
5.20%$1.10
0.08%$2,815.83
4.64%$0.999805
-0.02%$0.01558765
4.50%$0.199394
-4.37%$1.82
4.75%$106,509.00
2.21%$9.10
-35.72%$2,639.69
4.26%$0.196661
2.80%$37.83
14.35%$106,370.00
2.06%$1.00
0.13%$0.143998
4.62%$0.449599
13.13%$1.57
12.91%$0.00471151
4.95%$0.432398
2.04%$0.999702
-0.00%$0.590592
6.88%$1.89
-1.38%$16.09
4.24%$0.063799
1.18%$0.550331
5.25%$0.381547
3.47%$0.00002227
2.08%$6.73
5.97%$6.24
4.76%$0.04810544
4.31%$1.092
11.10%$103,736.00
1.30%$2.64
4.70%$0.00000043
0.41%$0.0073927
3.82%$0.00458119
10.07%$2,648.57
4.78%$37.87
14.65%$1.26
9.84%$0.00000105
16.89%$1.088
0.01%$0.416974
15.10%$0.08004
4.64%$0.995725
-0.17%$0.403006
-2.28%$36.44
1.18%$0.611133
2.97%$1.42
7.34%$2,857.87
4.26%$0.00486775
-18.45%$0.998576
0.39%$2,813.81
5.47%$0.084921
7.54%$0.04036735
2.35%$1.001
0.03%$42.08
3.86%$0.149849
6.67%$0.152314
2.92%$1.40
12.22%$0.01918715
2.07%$2,911.64
4.50%$106,180.00
1.97%$0.00419673
2.01%$0.00673704
4.11%$133.20
3.12%$2,878.34
4.34%$106,512.00
2.19%$0.813373
2.23%$0.03421681
3.54%$8.12
-1.64%$0.00006106
3.33%$2,644.59
4.30%$0.218063
1.52%$0.135059
5.70%$19.73
-0.73%$0.332731
5.24%$0.71062
6.03%$2,639.12
4.57%$21.46
4.60%$176.16
6.37%$0.336402
2.53%$0.999793
-0.01%$0.999868
0.00%$2.63
8.88%$0.00351095
8.79%$0.99657
-0.35%$0.523609
2.31%$0.999878
0.00%$0.00447426
4.77%$0.220355
5.41%$0.648438
2.07%$0.00000144
0.97%$0.284921
12.37%$0.999635
0.01%$16.75
5.05%$3.06
7.55%$22.46
3.15%$3,348.52
-0.77%$2.74
7.00%$106,132.00
2.01%$0.219053
4.09%Reading
A trader has again exploited a number of decentralized financedecentralized finance (DeFi) tools, to take home a large amount of Ethereum (ETH). After netting $350,000 on Valentine’s Day, he or she has now taken a further $645,000—a total just shy of a million dollars.
The theft happened in the same way. A clever set of instructions—all executed in one big transaction—enabled the trader to leverage current weaknesses in the DeFi ecosystem for their own gain. By using several decentralized financial tools, and a small dose of price manipulation, they were able to take home a lot of Ethereum.
A smart trader has exploited various protocols in the decentralized finance (DeFi) space to net a whopping $350,000 in profits. As Decrypt reported yesterday, a clever set of instructions—all executed in one big transaction—enabled someone to leverage current weaknesses in the DeFi ecosystem for their own gain. By using several decentralized financial tools, and a small dose of price manipulation, they were able to take home a lot of Ethereum. DeFi protocol bZx says it lost funds via a margin-le...
Though the trader’s identity remains unknown, the modus operandi was the same as the last hack, suggesting the same person.
The main focus was on bZx, which maintains the Fulcrum protocol. In the company’s Telegram chat, bZx’s co-founder, Kyle Kistner, confirmed the second attack, writing that it appears to be “an oracle manipulation attack.” An admin in the channel claimed that user funds are safe.
We have hit the pause button on the protocol again in light of suspicious transactions using flash loans and trading on Synthetix.
— bZx (@bzxHQ) February 18, 2020
On Twitter, the company said that it has paused the “decentralized” protocol again. The DeFi community were quick to point out this means that bZx still has ultimate control over the protocol, meaning it’s still a centralized system.
Eric Wall, CIO at Arcane Assets, defended the DeFi ecosystem, arguing that some protocols are more decentralized than others. He argued that there are several types of admin keys: those that can control funds—such as the ones bZx has—and those that can’t.
“A DeFi admin key can allow you to pause/freeze a contract. This is very bad! Oh no! But it's not identical to a centralized exchange unless that admin key allows you to confiscate individual user balances,” he tweeted.
Tweets like "DeFi apps are no different than centralized exchanges because all the contracts have admin keys" is the cheap, boring fast-track to "CT wokeness" these days, forcing me to take the devil's advocate and point out why that's sometimes wrong. Warranted retort:
— Eric Wall IS RIGHT (@ercwl) February 17, 2020
So, it’s good that at least some DeFi protocols don’t have such admin keys—because otherwise Ethereum co-founder Vitalik Buterin would probably want them to “burn in hell.”
Coinbase was made aware in January of a customer data breach involving its third-party contractor TaskUs months before publicly disclosing the incident, Reuters reported Monday, citing six sources familiar with the matter. According to five former TaskUs employees, the breach was traced to an India-based TaskUs support agent who had been photographing her work computer screen with a phone. The employee and an alleged accomplice were suspected of selling Coinbase user information to hackers in e...
Strategy, formerly MicroStrategy, announced plans Monday to raise fresh capital by selling shares of preferred stock, with the proceeds earmarked for Bitcoin purchases and other operational expenses. Operating as a "Bitcoin Treasury" company, Strategy is seeking $250 million through an initial public offering of 2.5 million shares of its "10% Series A Perpetual Stride Preferred Stock” (STRD). The stock will be listed on the Nasdaq, with each share initially priced at $100, offering investors a...
Tether CEO Paolo Ardoino said on Monday that the stablecoin firm had moved 25,812 Bitcoin to a new address as part of its dealings with Twenty One Capital, a Bitcoin treasury company involving crypto exchange Bitfinex and Wall Street giants Cantor Fitzgerald and SoftBank. Ardoino, who also serves as Bitfinex’s chief technical officer, wrote across several posts on the social media platform X that Tether was moving the asset “as part of the pre-funding of the initial convert/equity raise in Twent...
