Category: DeFi
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Eigen Labs Motivated EigenLayer-Related Projects to Airdrop Tokens to Its Employees
Eigen Labs employees collected $5 million in airdrops from projects launched in the EigenLayer ecosystem. These airdrops have engendered conflicts of interest doubts, with many…
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Jump Crypto Moves Over $45 Million Worth of ETH, Stirring Market Fears
Jump Crypto previously sold hundreds of millions of dollars of ETH. This coincided with ETH’s price not breaking through to the next level, with ETH…
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DEF Buys Patent to End Lawsuits Against MakerDAO and Compound
TRS filed the suits in September 2022, seeking payments for damages and the ability to instruct both DeFi platforms on the usage of the patented…
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Ethereum Co-Founder Vitalik Buterin Backs New Standard Proposal Brought by Uniswap and Across
Vitalik Buterin, the famous Ethereum co-founder, has given his blessings for a proposal by DeFi protocols Uniswap and Across aimed at bringing a new Ethereum…
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Jump Trading Continues to Sell ETH, Offloads Another $29 Million Worth of the Asset
Jump Trading’s crypto vertical Jump Crypto unstaked and sold another 11,501 ETH worth $29 million, leaving it with another $63 million to sell. Out of…
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DeFi Protocol Nexera Hacked for $1.5 Million
Nexera, a DeFi protocol, was hacked for $1.5 million on August 7, according to blockchain security firm Cyvers. It revealed the exploit in an X…
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Jump Crypto Is Likely Selling Its Crypto Holdings Worth Hundreds of Millions of Dollars
The crypto arm of Jump Trading, Jump Crypto, has unstaked about 120,000 ETH worth over $275 million. Jump Crypto will likely sell these assets as…
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LI.FI Hack Causes Losses Worth Over $10 Million
LI.FI, a protocol offering bridging and swapping services between the Ethereum Virtual Machine (EVM) and Solana, was attacked by cybercriminal(s), allowing them to walk away…
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UwU Lend Hit with $3.7 Million Attack Three Days After the $20 Million Attack
UwU Lend, a crypto lending protocol, was exploited twice within three days as the attacker walked away with about $23.7 million. The first attack came…
