Cryptocurrency
DeFi
Chainlink Improves Oracle Security With LINK Staking Feature
  • Chainlink Staking v0.1 is now available on the Ethereum mainnet to a limited number of users, but will be opened to the general public on 8 December.
  • The new feature includes a LINK staking pool with 25 million token cap, which aims to secure the ETH/USD price feed within the Ethereum mainnet.
14 hours ago
chainlink

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Ankr’s Exploit Enabled an Attack on Stablecoin Issuer Helio
  • A hacker targeted a vulnerability in DeFi protocol Ankr to mint trillions of aBNBc tokens, which he eventually swapped for 5 million USDC.
  • The event caused the price of aBNBc to plummet by 99%, which allowed another individual to steal $15.5 million from stablecoin issuer Helio as it did not have up-to-date pricing on aBNBc.
December 2, 2022, 1:35 PM
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Aave Temporarily Freezes 17 Lending Markets
  • The temporarily frozen lending markets include YFI, CRV, ZRX,MANA, 1INCH, BAT, ENJ, AMPL, DPI. RENFIL, MKR, xSUSHI, sUSD, USDP, LUSD, GUSD, and RAI.
  • In order to improve its risk management, the protocol will no longer allow users to deposit or take loans with them on the platform.
November 28, 2022, 3:10 PM
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BlockFi Reportedly Prepares for Possible Bankruptcy
  • The Wall Street Journal cited unnamed sourced, who said the exchange was preparing to lay off some of its employees, and is mulling over a potential bankruptcy filing.
  • Earlier this week, the crypto lender revealed that it had a “significant exposure” to FTX, but denied that the majority of its assets were held on the collapsing exchange.
November 16, 2022, 1:36 PM
BlockFi CEO Zac Prince

BlockFi CEO Zac Prince. CoinDesk

Nov 7, 2022
Ethereum Dapps to Appear on Solana Through Neon EVM
  • Neon Labs’ Ethereum Virtual Machine (EVM) solution will be launched on 12 December, giving Ethereum-based dapps access to Solana’s scalability and liquidity.
  • Neon EVM adopts the developer tools and compute layer present on Ethereum, making it easier for developers looking to expand to Solana.

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Nov 2, 2022
Oct 25, 2022
Near Foundation to Replenish USN Stablecoin Collateral Gap
  • The foundation behind the Near blockchain has established a $40 million fund to replenish the USN stablecoin collateral gap, and avoid a collapse similar to TerraUSD (UST).
  • One of the reasons USN became undercollateralized was a flaw in its original algorithm, which allowed users to double mint the stablecoin.
Oct 19, 2022
Moola Market Attacker Returns 93% of Stolen Funds
  • The attacker was able to manipulate the price of the protocol’s native MOO token, which he then used as collateral to borrow more than $9 million from the platform.
  • The Moola Market team was able to contact the attacker, who shortly after returned 93% of the stolen funds, and kept the remaining as bug bounty.
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