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Showing posts with the label protocols

dWallet Network brings multi-chain DeFi and gaming trust protocols to Aptos

dWallet Network, a multi-chain technology pioneer, has announced its expansion to Aptos, a leading Layer-1 blockchain known for speed and security, as per the latest updates shared with Finbold on June 7.  The integration aims to introduce Zero Trust Protocols (ZTPs) and seamless multi-chain interoperability to Aptos’ (APT) decentralized finance (DeFi) and gaming ecosystems.  By leveraging dWallet’s Zero Trust architecture, ZTPs on Aptos will be able to execute transactions on Bitcoin (BTC), Ethereum (ETH), and other blockchains. Picks for you Ripple sells 150 million XRP of June reserves, pressures price 2 mins ago Global liquidity nears $100 trillion: Bitcoin bull run’s ‘most important chart’ hits new all-time high ...

CFTC filed complaints against three defi protocols

The United States Commodity Futures Trading Commission (CFTC) has issued orders against three defi protocols for failing to register derivative trading offerings. The regulatory body has acted against the three decentralized finance (defi) protocols : Opyn, ZeroEx, and Deridex. The regulator claims they failed to register derivatives trading offerings. The CTFC ordered that the companies pay fines of $250,000, $200,000, and $100,000, respectively. Today @CFTC issued orders against operators of three DeFi protocols for offering illegal digital asset derivatives trading. Learn more: https://t.co/7YDbgC1Xl2 — CFTC (@CFTC) September 7, 2023 The entities reportedly failed to comply with the customer’s regulations and provisions established in the Bank Secrecy Act. The defi protocols were also charged with illegally offering leveraged and margined retail commodity transactions in digital assets. You might also like: Former CTFC Chairman Says Ripple and Ethereum M...

DeFi protocols Exactly, Harbor hacked in separate attacks

A fresh round of attacks targeted the DeFi ecosystem on Aug. 18. The Exactly protocol was exploited for nearly $7.3 million, while the Harbor's team is still estimating the amount stolen. Decentralized finance (DeFi) protocols Exactly and Harbor were exploited on Aug. 18 in two separate — and apparently unrelated — attacks, according to blockchain security firms DeDotFi and PeckShield. On-chain data reveals 4323.6 Ether (ETH), worth nearly $7.3 million at the time of writing, had been stolen from Exactly Protocol. The hackers then bridged 1490 ETH using the Across Protocol, and 2,832.92 ETH to the Ethereum network via Optimism Bridge. Update: After a thorough review of the Exactly Protocol Hack, we have concluded that the total of stolen amount up to date is ~$7.2M (4323.6 $ETH) Eventually, they bridged ~1490 $ETH, using Across Protocol, and 2,832.92 $ETH to Ethereum via Optimism Bridge:… https://t.co/s61ai1OEMd — De.Fi ️ Web3 Antivirus (@DeDotFiSecurity) August 18, 2023 Exactl...