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After a $290 million vulnerability was exploited and the total value locked in DeFi fell by approximately $13 billion, the simplest view is that decentralized finance is broken again. It’s also probably the laziest. The KelpDAO vulnerability over the weekend was serious. It appears to have started with a targeted attack on the infrastructure used…
Lending platform Aave has raised approximately $160 million to cover the $200 million in bad debt left by this year’s largest decentralized finance (DeFi) breach, Arkham posted on X on Saturday. “AAVE has raised $160 million to date to cover bad debt from the Kelp DAO vulnerability on defiunited.eth,” the blockchain analytics platform wrote. “The…
The last thing anyone running the London Marathon wants is to get stitches as soon as they start running. But for Simon Fannon, from Ashford, the aim is to get as many stitches as possible when he competes in the iconic event on Sunday. advertise The 43-year-old achieved this goal, successfully breaking the current world…
When Isabelle went to a party on the Isle of Man with friends two years ago, it never occurred to her that she would be unsafe. The then 15-year-old recalled how her drink was spiked after being given to someone there. “When I got it back, obviously something had been put in it,” she explained….
The Cryptocurrency Market Structure Bill hasn’t generated much public movement in a month. While it’s difficult to predict the bill, it’s easy to see that time is running out for passage. You’re reading The State of Crypto, a CoinDesk newsletter focusing on the intersection of cryptocurrency and government. Click here to sign up for future…
Bayern Munich is ready to launch contract talks with star forward Harry Kane at the end of the season, according to supervisory board member Karl-Heinz Rummenigge. The England captain, who joined from Tottenham Hotspur in 2023 for £100m, has been a revelation for the German giants with 138 goals in 141 games. advertise With just…
“We are like a red cloth to the enemy. Because we are bringing the war into their territory so that they can feel it too,” the Ukrainian soldier said as his troops were busy assembling long-range drones to launch into Russia. For weeks, Ukraine has been intensifying an unprecedented level of such deep strikes, particularly…
(Bloomberg) — Goldman Sachs Group Inc. raised its oil price forecast as a prolonged closure of the Strait of Hormuz spurred “extreme” inventory depletion. Most read from Bloomberg Analysts including Daan Struyven and Yulia Zhestkova Grigsby said in an April 27 report that Brent crude oil prices averaged $90/barrel in the fourth quarter, higher than…
Bitcoin Bitcoin$77,740.31 Overnight, the asset hit a 12-week high of $79,399 before sellers stepped in during early Asian trade on Monday, dousing a rally that had seen the asset reach $80,000 for the first time since January. Bitcoin was trading at $77,705 on Monday morning, falling 0.4% in 24 hours and reversing sharply during the…
“That sums up a lot of the season,” Arne Slaughter said. He began expressing this sentiment frequently, especially in situations of injury. However, on Saturday he felt it was symbolic that Alexander Isak scored Liverpool’s first Premier League goal at home at the end of April. Even Noddy Mukiele and Axel Disasi had scored for…