November 17, 2020

Another day, another defi flash loan ‘hack’: $7+ million lost

As of Tuesday, the Origin Protocol becomes yet another victim of the flash loan hack. This has caused a loss of funds north of $7 million including funds deposited by the founders. The attack was due to a reentrancy bug. The blog stated, “Unfortunately, our contract was safe from reentrancy bugs unless one of our...
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Samsung Will Use The Blockchain to Protect The Files Shared by Its Users

The electronics giant Samsung may be working on a blockchain-based application to facilitate a secure way to transfer files, data, and information. Although Samsung has not given further details, sources specialized in the topic revealed that the company is developing a software called Private Share, which uses the blockchain to prevent file receivers from using...
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Uniswap Loses Over $1 Billion in Liquidity as UNI Farms Finish

Uniswap is hemorrhaging collateral today as November 17 marks the final day of its liquidity mining program. In less than 24 hours, over $1 billion, or 40% of its liquidity, has left the protocol dumping it down to third place in the TVL charts. CryptoPotato predicted this would happen if Uniswap governance did not hold...
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