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finance

crypto news CeFi new generation of the Internet using blockchain and artificial intelligence blurry backgrou

13 Apr 23

Hacked DeFi platform, Euler Finance releases funds redemption details

Ethereum (ETH)-based decentralized finance (DeFi) protocol, Euler Finance has released the token redemption plan for users affected by the flashloan attack it suffered last month. Euler Finance users to get reimbursed After successfully recovering nearly all the stolen funds from the bad actors that orchestrated a flash loan attack on its DeFi lending and borrowing […]

crypto news CeFi new generation of the Internet using blockchain and artificial intelligence blurry background

09 Apr 23

Hong Kong finance secretary says time is ripe to invest in web3

Paul Chan Mo-po, the Hong Kong finance secretary, thinks this is the right time for the city to invest in web3 technology. Web3 is maturing According to reports on April 9, Mo-po is confident that despite the recent volatility witnessed in the cryptocurrency markets, marked by the collapse of major centralized exchanges and platforms, the time is […]

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07 Apr 23

Solana’s head of finance lost $50 to crypto scam

According to reports, the head of finance at Solana network was scammed for about $50 USDC. Scam problems are increasingly heightening within the blockchain bounds, capturing even the ‘best traders.’ Incoming reports indicate that the head of finance of Solana was just scammed. First release, as the concerned parties did not comment & this was […]

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26 Mar 23

Euler Finance hacker returns ethereum worth $102m

In a surprising turn of events, the exploiter of Euler Finance has reportedly returned 51,000 ether (ETH) to the DeFi lending protocol. According to BlockSec, a blockchain security firm working with Euler Labs, the exploiter has also returned a further 7,737 ETH, bringing the total returned funds to 58,737 ETH. All told, Euler has gotten […]

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18 Mar 23

Euler Finance exploiter returns 3,000 ETH worth $5.4m

Euler Finance exploiter has returned 3,000 ETH worth $5.4m to the DeFi protocol, indicating the platform may have reached a deal with the hacker. Exploiter returns stolen Euler funds worth $5.4m The Euler Finance exploiter on Mar. 18 returned about 3,000 ETH ($5.4m) to the platform’s deployer address. Blockchain investigator PeckShield identified three transactions used […]

crypto news CeFi new generation of the Internet using blockchain and artificial intelligence blurry background

18 Mar 23

Euler Finance hackers begin laundering stolen tokens

Euler Finance attacker has started obfuscating the trail of the stolen $197 million worth of ether (ETH) and other crypto assets stolen from the DeFi protocol. The black hat hacker that orchestrated a flash loan attack on Euler Finance, a decentralized finance lending and borrowing protocol powered by Ethereum, has started mixing the stolen tokens […]

European Union

17 Jan 23

EU finance ministers’ group state political aspects of digital euro

The Eurogroup reaffirmed its support for digital euro research but underlined that some of the design and application features under consideration would necessitate political decisions. Following a meeting in Brussels, the eurozone finance ministers issued a statement on the launch of the digital euro. According to the report, Eurogroup meets regularly to examine the political […]

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