The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.

The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit.
Claims can be converted into collateral to trade crypto futures on the exchange.
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The Multichain team said that the team’s funds and access to servers are currently with their CEO Zhaojun who is under Chinese police custody.
Blockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its network.
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Speaking to Cointelegraph, Entero Positivo argued typical seed phrase storage methods are too obvious, so he devised a way to hide a crypto wallet in plain sight.
Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.
The regulator said Celsius "squandered billions in user deposits" after "duping" customers into depositing funds.
USB keystroke injection devices like the Diabolic Drive still pose a threat to unsuspecting users by installing malware to take over systems.
Some experts believe the alignment problem can be fixed by making AI more human — but others say that will just make things much worse.
The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report.
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The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL.
Ethereum scaling remains the primary use case behind zero-knowledge proofs according to a report from ZKValidator.
DICT Director Emmy Lou Versoza-Delfin said there's been a rise in innovative blockchain startups in the country, signaling that the country could be a global leader in blockchain.
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation.
The high stakes of crypto applications mean developers often need to prioritize security — but that comes at the cost of poor user experience.
BNB Beacon Chain mainnet is set to undergo the "ZhangHeng" hard fork around July 19, which will bring new upgrades aimed at improving security.
The government previously promised to liquidate approximately 40,000 remaining BTC from the seizure in “four more batches” over the remainder of the calendar year.
