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2024-05-05

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Source: Sam Cooling x XreschA vulnerability in the popular decentralized finance (DeFi) protocol Curve Finance has caused funds to be drained from a number of the protocol’s liquidity pools, while roughly $100 million remains at risk.In a tweet from Sunday, the Curve team said that “a number” of its pools that uses version 0.2.15 of the Vyper programming language have been exploited due to “a malfunctioning reentrancy lock.”“We are assessing the situation and will update the community as things develop,” the team added.In a follow-up tweet on Monday, the Curve team listed all pools that have been hacked so far as result of the vulnerability.It also warned users to withdraw all funds held in the Arbitrum Tricrypto pool, which holds USDT, WBTC and ETH tokens.As of now, as much as $100 million worth of crypto remains at risk in the mentioned Curve pools, representing a significant risk for the entire protocol’s reputation.Curve Finance, which is a decentralized exchange (DEX) for stablecoins that uses the automated market maker (AMM) model to manage liquidity, has traditionally been seen as one of the most solid projects in crypto.CRV token plummetsFollowing the recent events, however, the price of Curve Finance’s native CRV token has plummeted in the market.As of press time on Monday, the token was down 12% for the past 24 hours alone, and down more than 15% for the past 7 days.Over the past 12 months, the CRV token has lost more than half of its value, while other major cryptoassts like Bitcoin (BTC) and Ether (ETH) have risen in price.CRV token price past 30 days. Source: CoinGeckoThe vulnerability pointed to by Curve is the same type of vulnerability as DeFi protocols Era Lend and Conic Finance said was responsible for draining funds from them last week.Already, a white hat hacker has recovered 2,870 ETH, worth around $5.4 million, to Curve Finance following the recent hacking incidents.More Russian Banks Say They’ll Join Digital Ruble Pilot – CBDC Advances? Aggregate data from the Order Books of 16 recognized exchanges confirms that sell orders now dominate the SHIB spot markets. This confirms the narrative the recent exchange supply spikes could intensify selling pressure. Best Dogecoin Wallet UK-4 FREE and SAFE Dogecoin WalletsMargin trading is a method to leverage profits in a volatile market.This method allows users to borrow money from a broker and trade a coin in a position.Margin also allows for trading exotic pairs and multi-assets collateral. A decentralized autonomous organization (DAO) is taking its interest in life extension to the next level, founding a biotech company to pursue cutting-edge science in treating cancer and other age-related diseases.

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However, as always, crypto investors are urged to “make your own assessments, research these and the many other projects that show similar hot network activity on this model in weeks to come.”NEAR Protocol Price: Will NEAR Price Stop Declining & Go Upward? You might also like: Hacken boosts Binance proof of reserves security What are the fees for decentralized exchanges?On X (formerly Twitter), Biden’s announcement that the US Government has cleared student debt across the nation generated a flurry of responses. He reiterated that it was “a big deal.” The OF1 Boxes cost $120 a pop and are available on the .Swoosh website. The catch, however, is that not everyone who opens the boxes can get their hands on these shoes. The .Swoosh team noted on X that there is only a limited supply and did not specify the exact numbers available. Those who open OF1 Boxes that don’t offer access to the Tinaj shoes are likely to receive other benefits and access to other drops down the line..@rothisrad https://t.co/VRltVWT3rr— .SWOOSH (@dotSWOOSH) October 6, 2023

The integration also brings Chainlink Automation into play. Chainlink Automation is a decentralized service designed to efficiently trigger smart contracts on the Ethereum mainnet securely and cost-effectively. This means that the latest rates for rETH and rMATIC can be reliably and securely transmitted to Arbitrum and Polygon via CCIP. Microsoft topped in the year 2000, marking a long-term top in the price at approximately $60. And it wasn't until 2015 that that level was broken again. It took 15 years from that high to completely recover and surpass that level again. If we were to take the money supply into consideration it actually takes longer for Microsoft to recover and break the high 21 years later in May 2021. Top 10 best crypto exchanges in 2023Industry Confidence: The outcome of the case may have an impact on investor confidence in the bitcoin industry. A favourable outcome for Ripple may improve investor confidence, whilst a negative decision may cause uncertainty and potential market instability. The Decline’s Underlying Factors

Bitcoin is widely seen as a digital gold in the crypto market, thanks to an inbuilt code on its blockchain that reduces the pace of its supply expansion by 50% every four years. The fourth so-called halving is due next year. Specifically, inside Moto Island are dozens of motorcycles with thousands of enhancements in appearance and performance, including user-generated content elements such as suits, helmets, and even a turtle companion to ride the seat.The Latest Developments in the Fusion of Gaming and the Metaverse Can you buy USDT from Coinbase?In addition, the Dutch government has introduced a licensing system for cryptocurrency service providers, including exchanges and wallet providers. This licensing system, overseen by the Dutch Central Bank, ensures that these entities comply with strict anti-money laundering (AML) and know-your-customer (KYC) requirements. It not only adds a layer of security for users but also reinforces the government’s commitment to maintaining a transparent and compliant crypto ecosystem. The equation divided $1.00 by the annual electricity cost, further divided by the number of bitcoin produced over a month by the computing unit. Its formula became the gold standard for the budding crypto market during that period.

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