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Court appointed insolvency firm takes over HectorDAO after 27M hack
Published: 2024-02-23
1. Hectordao Hack: The main topic of the article is the hack that occurred at Hectordao,resulting in $2.7 million being stolen. The hack prompted a court-appointed insolvency firm to take over the management of Hectordao. Hectordao was a decentralized autonomous organization (DAO) that aimed to provide a platform for decentralized finance (DeFi) services.
2. Impact on Investors: This hack has significant implications for the investors who had funds locked in Hectordao. The court-appointed insolvency firm will now be responsible for managing the fallout from the hack and determining how affected investors will be compensated. It also raises concerns about the security of decentralized finance platforms and the potential risks involved in participating in such platforms.
3. Regulatory and Legal Issues: The involvement of a court-appointed insolvency firm in taking over Hectordao raises questions about the regulatory and legal framework surrounding decentralized finance platforms. It also highlights the challenges faced by authorities in addressing issues such as hacks and fraud in the rapidly evolving DeFi space. The article does not provide details on any potential legal actions or consequences for those responsible for the hack.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,091.10 | 2,542,659,738.70 |
| 2 | BTC |
63,679.53 | 2,194,641,242.06 |
| 3 | ETH |
3,078.26 | 1,123,678,667.89 |
| 4 | SOL |
155.31 | 831,421,144.45 |
| 5 | PEPE |
<0.01 | 464,037,568.84 |
| 6 | DOGE |
0.16 | 340,562,829.98 |
| 7 | XRP |
0.54 | 330,602,713.29 |
| 8 | WIF |
3.23 | 313,088,893.76 |
| 9 | BOME |
0.01 | 213,453,059.82 |
| 10 | WLD |
6.11 | 205,718,154.20 |
| 11 | ENA |
0.89 | 188,340,057.97 |
| 12 | NEAR |
7.45 | 149,638,734.93 |
| 13 | RNDR |
10.46 | 149,590,554.49 |
| 14 | AVAX |
36.87 | 111,437,198.32 |
| 15 | BONK |
<0.01 | 104,695,018.16 |
| 16 | RUNE |
5.35 | 100,189,857.37 |
| 17 | FLOKI |
<0.01 | 82,590,936.32 |
| 18 | AR |
39.77 | 67,687,609.73 |
| 19 | ORDI |
38.99 | 65,557,655.14 |
| 20 | SUI |
1.12 | 65,223,003.49 |
| 21 | ETHFI |
3.90 | 64,780,136.90 |
| 22 | ARKM |
2.65 | 64,247,197.03 |
| 23 | MATIC |
0.70 | 63,707,384.65 |
| 24 | JTO |
3.73 | 56,695,428.84 |
| 25 | FTM |
0.69 | 55,794,410.37 |
| 26 | LINK |
14.28 | 52,206,640.57 |
| 27 | ADA |
0.45 | 52,145,728.34 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  POWR |
0.35 | +13.26 |
| 2 |  AKRO |
<0.01 | +6.90 |
| 3 |  VGX |
0.09 | +6.58 |
| 4 | JTO |
3.73 | +6.02 |
| 5 |  ERN |
4.85 | +4.78 |
| 6 | SOL |
155.31 | +4.54 |
| 7 | RNDR |
10.46 | +4.06 |
| 8 |  POLYX |
0.40 | +2.28 |
| 9 |  RAY |
1.75 | +2.02 |
| 10 | BOME |
0.01 | +1.55 |
| 11 |  RLC |
3.17 | +1.34 |
| 12 | NEAR |
7.45 | +1.26 |
| 13 | AR |
39.77 | +1.16 |
| 14 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
0.97 | +0.66 |
| 15 | XRP |
0.54 | +0.47 |
| 16 |  PAXG |
2,304.00 | +0.13 |
| 17 |  PSG |
5.13 | +0.12 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 | REZ | 0.15 | -16.20 |
| 2 |  USTC |
0.02 | -9.89 |
| 3 |  TNSR |
0.84 | -9.50 |
| 4 |  LUNC |
<0.01 | -8.94 |
| 5 | W | 0.63 | -8.92 |
| 6 |  DYM |
3.14 | -8.88 |
| 7 |  SAGA |
3.15 | -8.43 |
| 8 |  TAO |
432.70 | -8.39 |
| 9 |  PIXEL |
0.41 | -8.15 |
| 10 |  QKC |
0.01 | -8.11 |
| 11 |  HBAR |
0.11 | -8.10 |
| 12 |  PROM |
9.97 | -8.03 |
| 13 |  OP |
2.72 | -8.02 |
| 14 |  ENS |
14.62 | -7.99 |
| 15 |  CVX |
2.35 | -7.97 |
| 16 |  UTK |
0.08 | -7.94 |
| 17 |  MANTA |
1.73 | -7.77 |
| 18 |  PDA |
0.08 | -7.71 |
| 19 |  1000SATS |
<0.01 | -7.68 |
| 20 |  CFX |
0.22 | -7.60 |
| 21 | ETHFI |
3.90 | -7.50 |
| 22 |  CTK |
0.66 | -7.29 |
| 23 |  OMNI |
18.11 | -7.22 |
| 24 |  METIS |
58.83 | -7.19 |
| 25 |  IOTX |
0.05 | -7.14 |
| 26 |  COS |
0.01 | -7.03 |
| 27 |  PORTAL |
0.81 | -6.99 |
| 28 |  STRK |
1.29 | -6.94 |
| 29 |  DUSK |
0.33 | -6.84 |
| 30 |  ACH |
0.03 | -6.83 |
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| 1 | RCM/TIPP Economic Optimism | Tuesday | 07-05-2024 | 15:03 |
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| 5 | FOMC Member Jefferson Speaks | Wednesday | 08-05-2024 | 16:00 |
| 6 | 10-y Bond Auction | Wednesday | 08-05-2024 | 18:01 |
| 7 | FOMC Member Cook Speaks | Wednesday | 08-05-2024 | 18:30 |
| 8 | Unemployment Claims | Thursday | 09-05-2024 | 13:30 |
| 9 | Mortgage Delinquencies | Thursday | 09-05-2024 | 15:00 |
| 10 | Natural Gas Storage | Thursday | 09-05-2024 | 15:30 |
| 11 | 30-y Bond Auction | Thursday | 09-05-2024 | 18:01 |
| 12 | FOMC Member Daly Speaks | Thursday | 09-05-2024 | 19:00 |
| 13 | FOMC Member Bowman Speaks | Friday | 10-05-2024 | 14:00 |
| 14 | Prelim UoM Consumer Sentiment | Friday | 10-05-2024 | 15:00 |
| 15 | Prelim UoM Inflation Expectations | Friday | 10-05-2024 | 15:00 |
| 16 | FOMC Member Barr Speaks | Friday | 10-05-2024 | 18:30 |
| 17 | Federal Budget Balance | Friday | 10-05-2024 | 19:00 |
