News Explorer
Generated by AI, curated by humans
Euler Hacker Sent 100 ETH to North Korean Wallets: Chainalysis
The crypto community has been closely following the $197 million loot from the biggest DeFi hack of 2023, with one transaction of 100 Ether being identified by Chainalysis as being linked to an older hack with links to North Korea. The hacker also transferred 3,000 ETH to Euler’s deployer account, but no other transfers were made afterwards. Despite the ten separate audits conducted over two years, Euler Labs CEO Michael Bentley expressed his displeasure with the hack.
The crypto community has been closely following the $197 million loot from the biggest DeFi hack of 2023, with one transaction of 100 Ether being identified by Chainalysis as being linked to an older hack with links to North Korea. The hacker also transferred 3,000 ETH to Euler’s deployer account, but no other transfers were made afterwards. Despite the ten separate audits conducted over two years, Euler Labs CEO Michael Bentley expressed his displeasure with the hack.
Latest
Arbitrum's Twitter Account Suspended 'By Mistake'
The Twitter account for Arbitrum, the Ethereum rollup platform, was suspended on Monday. Co-founder of Offchain Labs, Ha... Read Summary
‘Unexpected and Disappointing’: Binance Reacts to CFTC Lawsuit
Binance has responded to the CFTC lawsuit by stating that they will continue to protect their users while working with r... Read Summary
Nvidia Says Crypto Adds Nothing to Society, Despite Profiting From Mining
Nvidia CTO Michael Kagan has reportedly said that cryptocurrency does not bring anything useful for society, instead hop... Read Summary
Vitalik Buterin Sends Hidden Message in First Polygon zkEVM Transaction
Polygon launched the long-awaited mainnet for its new Polygon zkEVM network today, with Ethereum creator Vitalik Buterin... Read Summary
MakerDAO Community Approves Reform Plan
The MakerDAO membership approved a set of rules that outlines how the $7 billion lending platform will function and make... Read Summary
ApeCoin DAO Votes Down Two Proposed NFT Collections
ApeCoin DAO, the community governing ApeCoin, has voted against introducing two new NFT collections. The proposal would... Read Summary
Solana Protocol Cega Raises $5 Million, Expands to Ethereum
Cega, a DeFi derivatives protocol, has raised $5 million in a new funding round led by Dragonfly Capital, with participa... Read Summary
Ticketmaster Debuts NFT-Gated Ticket Sales, Starting With Avenged Sevenfold
Ticketmaster has launched a feature that allows artists to offer special access to concert and event tickets to eligible... Read Summary
Binance and CEO CZ Sued by CFTC for Breaking Trading Rules
Binance Holdings Ltd. and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission for alleg... Read Summary
DeFi Exchange dYdX to Migrate From Ethereum to Cosmos in September
dYdX has announced the launch of its V4 private testnet this Tuesday, taking a significant step towards leaving Ethereum... Read Summary
Gucci, Yuga Labs Partner in New Metaverse Play
The luxury fashion brand today announced a new "multi-faceted partnership" with the creators of the Bored Ape Yacht Club... Read Summary
EU Data Act Requires Kill Switch for Smart Contracts
The European Union's Data Act, revised by the bloc's member states on Monday, requires smart contracts to contain a kill... Read Summary
'Skull of Satoshi' Creator Walks Back Claims About Bitcoin's Environmental Impact
Benjamin Von Wong, the Canadian artist who unveiled his “Skull of Satoshi” installation, said the work was never meant t... Read Summary
First Citizens Bank to Take on Silicon Valley Bank's Loans, Deposits
First Citizens Bank will acquire $72 billion in assets from Silicon Valley Bank for a discount of $16.5 billion, accordi... Read Summary
Kokomo Finance Exploiter Allegedly Executes $4M 'Exit Scam' via Smart Contract Loophole
Kokomo Finance, an Optimism-based lending protocol, has been suspected of a $4 million “exit scam.” Blockchain security... Read Summary