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 Curve Finance to reimburse users another DeFi hack and ConsenSys launches L2 Finance Redefined

Curve Finance to reimburse users another DeFi hack and ConsenSys launches L2 Finance Redefined


Published: 2023-08-19


1. DeFi Hack: Curve Finance to Reimburse Users The main topic of this article is the recent DeFi hack that occurred on Curve Finance,a decentralized finance platform. The hack resulted in a significant loss of funds for users,prompting Curve Finance to offer reimbursement. The platform aims to restore confidence in the security and reliability of decentralized finance by taking responsibility for the incident and compensating affected users. This demonstrates the ongoing challenges and risks associated with DeFi platforms and the importance of ensuring robust security measures to protect users' assets.

2. ConsenSys Launches L2: Finance Redefined Another key topic covered in the article is the launch of ConsenSys L2,a new solution aiming to redefine finance by leveraging Layer 2 scaling technology. ConsenSys,a leading blockchain software company,aims to address the scalability issues of the Ethereum network with this launch. By utilizing Layer 2 solutions,ConsenSys L2 promises to enhance transaction speed,reduce costs,and provide a more seamless user experience. This development showcases the continuous innovation and efforts to overcome scalability challenges within the blockchain industry.

3. The Future of Decentralized Finance The article also discusses the broader implications and future prospects of decentralized finance (DeFi). It highlights the growing popularity and adoption of DeFi platforms,but also emphasizes the need for better security and risk management measures. The recent hack on Curve Finance raises questions about the overall security of DeFi protocols and the potential impact on users' trust. Despite these challenges,the article signifies the industry's determination to build a more secure and efficient financial ecosystem using blockchain technology. In summary,the main topics of this article include the DeFi hack on Curve Finance and the subsequent reimbursement efforts,the launch of ConsenSys L2 as a solution to scalability issues in finance,and the overall future outlook for decentralized finance. These topics shed light on the ongoing developments and challenges within the DeFi space and highlight the importance of security,scalability,and innovation for the future of blockchain-based finance.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,158.22 2,047,371,552.34
2 ARS title=ARS 1,094.50 1,371,728,567.10
3 ETH title=ETH 3,031.40 1,005,695,030.00
4 SOL title=SOL 168.10 724,381,711.96
5 PEPE title=PEPE <0.01 375,952,628.31
6 BOME title=BOME 0.01 196,283,541.09
7 RUNE title=RUNE 6.95 176,671,159.63
8 DOGE title=DOGE 0.15 171,999,741.12
9 LINK title=LINK 16.52 166,838,367.27
10 WIF title=WIF 2.83 166,748,652.12
11 XRP title=XRP 0.52 161,982,616.95
12 PEOPLE title=PEOPLE 0.05 159,763,406.81
13 NEAR title=NEAR 8.31 141,632,726.47
14 FTM title=FTM 0.80 132,306,893.88
15 FLOKI title=FLOKI <0.01 123,610,757.23
16 ENA title=ENA 0.71 99,076,188.21
17 RNDR title=RNDR 10.04 97,264,924.48
18 JTO title=JTO 4.58 75,156,850.02
19 BONK title=BONK <0.01 74,583,610.35
20 SUI title=SUI 1.06 69,967,658.64
21 AVAX title=AVAX 36.75 69,772,804.06
22 WLD title=WLD 4.88 68,322,152.36
23 AR title=AR 47.85 58,597,712.96
24 AEVO title=AEVO 0.81 49,671,312.36
25 ADA title=ADA 0.48 49,439,296.36
26 SEI title=SEI 0.56 48,673,010.57
27 ICP title=ICP 12.89 46,723,808.33
28 STX title=STX 2.05 44,517,739.94

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Chainlink title=LINK 16.52 +19.17
2 Loom Network (NEW) title=LOOM 0.10 +19.08
3 Lido DAO title=LDO 1.76 +10.11
4 Biconomy title=BICO 0.52 +9.48
5 Arweave title=AR 47.85 +8.74
6 Hedera title=HBAR 0.12 +8.51
7 THORChain title=RUNE 6.95 +7.37
8 Avalanche title=AVAX 36.75 +6.31
9 Metal DAO title=MTL 1.96 +5.95
10 Cardano title=ADA 0.48 +5.47
11 Lisk title=LSK 2.05 +5.36
12 SSV Network title=SSV 38.39 +5.27
13 Vanar Chain title=VANRY 0.20 +5.08
14 Internet Computer title=ICP 12.89 +4.89
15 Vulcan Forged title=PYR 4.50 +4.82
16 Polymesh title=POLYX 0.42 +4.59
17 Pendle title=PENDLE 4.56 +4.14
18 Chromia title=CHR 0.35 +4.04
19 Quickswap [OLD] title=QUICK 0.06 +4.00
20 Conflux title=CFX 0.22 +3.83
21 Theta Network title=THETA 2.23 +3.82
22 Raydium title=RAY 1.84 +3.76
23 API3 title=API3 2.51 +3.72
24 Injective title=INJ 24.80 +3.64
25 Sui title=SUI 1.06 +3.59
26 PIVX title=PIVX 0.34 +3.48
27 Synthetix Network title=SNX 2.69 +3.42
28 Ethereum Classic title=ETC 28.14 +3.38
29 Manchester City Fan Token title=CITY 3.31 +3.38
30 Bitcoin Cash title=BCH 469.90 +3.34

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Bluzelle title=BLZ 0.36 -8.08
2 BOOK OF MEME title=BOME 0.01 -7.77
3 Rocket Pool title=RPL 19.33 -7.11
4 Bonk title=BONK <0.01 -6.86
5 Renzo title=REZ 0.11 -6.35
6 Pepe title=PEPE <0.01 -6.24
7 Aevo title=AEVO 0.81 -6.16
8 Stacks title=STX 2.05 -6.13
9 dogwifhat title=WIF 2.83 -5.97
10 FarmBot title=FARM 67.37 -5.88
11 RSK Infrastructure Framework title=RIF 0.16 -5.86
12 Viction title=VIC 0.42 -5.27
13 BakerySwap title=BAKE 0.28 -5.02
14 High title=HIGH 4.74 -4.96
15 Pixels title=PIXEL 0.35 -4.73
16 Tensor title=TNSR 0.86 -4.68
17 Render title=RNDR 10.04 -4.63
18 iExec RLC title=RLC 3.21 -4.60
19 W 0.55 -4.54
20 Memecoin title=MEME 0.03 -4.53
21 1000SATS (Ordinals) title=1000SATS <0.01 -4.21
22 FIO Protocol title=FIO 0.03 -4.15
23 Saga title=SAGA 2.23 -4.15
24 VeThor title=VTHO <0.01 -4.15
25 CyberConnect title=CYBER 7.46 -4.12
26 Ether.fi title=ETHFI 3.40 -4.06
27 DataBot title=DATA 0.05 -3.62
28 LeverFi title=LEVER <0.01 -3.48
29 FLOKI title=FLOKI <0.01 -3.48
30 Cats Of Sol title=COS <0.01 -3.48

Bitcoin's Greed and Fear Index.

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74
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Harvard built hacker proof quantum network in Boston using existing fiber cable 2024-05-17
2 French regulator warns investors Bybit provided services illegally 2024-05-17
3 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
4 Big miners pose a growing existential threat to Bitcoin 2024-05-17
5 VC Roundup Web3 infrastructure tokenization of everything drawing investors 2024-05-17
6 Bitcoin moves toward range highs but derivatives traders watch from the sidelines 2024-05-17
7 039Crypto King039 Aiden Pleterski faces fraud money laundering charges 2024-05-17
8 Bybits Notcoin listing debacle China firms profits up 1100 after crypto buy Asia Express 2024-05-17
9 Memecoin launcher pumpfun claims ex employee behind 19M exploit 2024-05-17
10 DTCC Chainlink complete fund data tokenization pilot with US banks 2024-05-17
11 Altcoins a relatively huge risk as days of big returns are gone say analysts 2024-05-17
12 Reentrancy attacks in smart contracts explained 2024-05-16
13 Tether TON team up with mobile app for USDT to fiat transactions 2024-05-16
14 Were just scratching the surface of crypto and AI Microsoft exec 2024-05-16
15 Regulatory crackdown spawns anti SEC 039CultureCoin039 2024-05-16
16 Animoca Brands leads 7M funding round for Param Labs 2024-05-16
17 Bitcoin shrugs off US jobs data as BTC price gives up 66K support 2024-05-16
18 OpenAIs iPhone moment trumps Google AI lies porn and dating AI Eye 2024-05-16
19 Crypto VCs are back in action amid market rally 2024-05-16
20 Ex Alameda Research co CEO calls for fair sentencing of Ryan Salame 2024-05-16
21 M2 money supply 039holds the key039 for Bitcoin039s next move Market analyst 2024-05-16
22 Mastercard Standard Chartered test tokenized deposit transaction 2024-05-16
23 First US Presidential debate planned for June 27 Will crypto be on the agenda 2024-05-16
24 Mastercard launches next generation of blockchain payments startup program 2024-05-16
25 SEC custody rule made crypto regulation a political football Rep Nickel 2024-05-16
26 FTX repayments could create bullish overhang for crypto markets K33 Research 2024-05-16
27 Bitcoin crosses 66K as traders eye 2 key indicators for 70K target 2024-05-16
28 Vanguards new boss says Bitcoin ETF not on the table Report 2024-05-16
29 Blockchain ID project Humanity Protocol hits unicorn status with 30M raise 2024-05-16
30 Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims 2024-05-16
31 Worldcoin beefs up security by open sourcing biometric data system 2024-05-15
32 Does Trump care about crypto Bitcoin is latest battleground in US election 2024-05-15
33 Binance backed pSTAKE Finance launches Bitcoin liquid staking solution 2024-05-15
34 Small creditors put at risk by latest FTX bankruptcy development 2024-05-15
35 Bitcoin price taps 647K as US CPI shows core inflation at 3 year low 2024-05-15
36 How to bridge to zkSync 2024-05-15
37 Forget memecoins Bitcoin is driving the bull run NBX Warsaw 2024-05-15
38 UK cannabis millionaires legal deals on wheels via crypto 2024-05-15
39 Crypto trader turns 3K into 46M in one month as PEPE price soars 2024-05-15
40 Two brothers manipulated Ethereum protocols to steal 25M Justice Dept 2024-05-15
41 Filing suggests SEC is exploring grounds to deny spot Ether ETFs 2024-05-15
42 Crypto investment funds intake 130M while filings reveal new spot BTC ETF purchasers 2024-05-15
43 SEC tries again for Debt Box suit dismissal with option to refile 2024-05-15
44 Heres why US debt is out of control and Japanese debt isnt 2024-05-15
45 UK closes trust me bro crypto firm that gave horrible advice to clients 2024-05-15
46 Bitcoin will stay in 55K to 75K zone for now Novogratz 2024-05-15
47 Cypher core contributor admits to stealing 260K and gambling it away 2024-05-15
48 OpenAI co founder and chief scientist departs AI firm 2024-05-15
49 Layer 3 network Degen Chain hasnt produced a block in 53 hours 2024-05-15
50 Degens pumped GameStop memecoins because they039re bored Traders 2024-05-15

US news that has a significant impact on the market

at news day date time
1 CB Leading Index m/m Friday 17-05-2024 15:00
2 FOMC Member Waller Speaks Friday 17-05-2024 15:15
3 FOMC Member Daly Speaks Friday 17-05-2024 17:15
4 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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