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    DeFi Giant To Support Merge, Indicates Security Issues With Ethereum PoW

    AAVE

    DeFi Giant To Support Merge, Indicates Security Issues With Ethereum PoW

    DeFi lending and borrowing protocol Maker on Friday announced that the Maker Protocol will continue to use the Ethereum PoS blockchain after the Merge. The DeFi giant reveals that interacting with the Maker Protocol, Dai, or MKR on any Ethereum PoW hard fork risks users to replay attacks. MakerDAO Supports the Ethereum PoS Chain, Rejects

    The post DeFi Giant To Support Merge, Indicates Security Issues With Ethereum PoW appeared first on CoinGape.

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    Over $1.3 Billion Stolen In Crypto; FBI Issues Advisory

    All

    Over $1.3 Billion Stolen In Crypto; FBI Issues Advisory

    In a recent development, the U.S. Federal Bureau of Investigation (FBI) has issued a fresh warning to crypto investors concerning increasingly exploiting vulnerabilities in decentralised finance (DeFi) platforms to steal cryptocurrency. The FBI noted that Cyber criminals tend to take advantage of investors’ increased interest in cryptocurrencies, the complexity of cross-chain functionality and the open-source

    The post Over $1.3 Billion Stolen In Crypto; FBI Issues Advisory appeared first on CoinGape.

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    Breaking: Ethereum Foundation Approves EIP-3475 To Bring Bonds On Ethereum

    Adoption

    Breaking: Ethereum Foundation Approves EIP-3475 To Bring Bonds On Ethereum

    Ethereum Foundation has finally approved the EIP-3475 proposal, introducing bonds on Ethereum (ETH). With the proposal being accepted as a new Application Programming Interface (API) standard, it now becomes the ERC-3475 standard. The new standard will further boost Web 3.0 and DeFi adoption. The ERC-3475 standard will enable individuals and institutions to issue bonds and

    The post Breaking: Ethereum Foundation Approves EIP-3475 To Bring Bonds On Ethereum appeared first on CoinGape.

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    Defi Hack: Visor Finance to launch new token post 94% drop in price after exploit

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    Defi Hack: Visor Finance to launch new token post 94% drop in price after exploit

    The latest update in Visor Finance’s exploit of 8.8 million VISR tokens saw Visor publish its post-mortem report of the hack, determining the upcoming launch of a new token to replace the formerly stolen VISR. Post exploit, VISR’s price witnessed a steep drop amounting to 94 percent. At press time, VISR was trading at the

    The post Defi Hack: Visor Finance to launch new token post 94% drop in price after exploit appeared first on CoinGape.

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