• Hackers Exploit DeFi Protocol Inverse Finance to Steal $1.2M Worth of Crypto

    Hackers Exploit DeFi Protocol Inverse Finance to Steal $1.2M Worth of Crypto

    Ethereum-based decentralized finance tool Inverse Finance was exploited for over $1.2 million worth of cryptocurrency on Thursday morning, on-chain data appears to show. Exploiters seemed to use a flash loan attack to trick the protocol and steal more than 53 bitcoin, worth just over $1.1 million, and 10,000 tether (USDT), a stablecoin backed on a 1-1 […] More


  • OpenSea Reduces Ethereum Gas Fees by 35% by Moving to Seaport Protocol

    OpenSea Reduces Ethereum Gas Fees by 35% by Moving to Seaport Protocol

    OpenSea has moved to the “Seaport Protocol,” a new smart contract that the NFT marketplace says will allow its 1.8 million users to save money on Ethereum gas fees. With the Seaport contract, users will be able to save roughly 35% on gas, the company said. And new accounts will no longer require that one-time “setup fee” OpenSea previously charged. More


  • Kazakhstan Allows Local Banks to Work With Crypto Exchanges

    Kazakhstan Allows Local Banks to Work With Crypto Exchanges

    The Ministry of Digital Development, Innovations and Aerospace Industry of Kazakhstan Republic announced on Thursday a pilot project of cooperation between the crypto exchanges and some of the local banks. The pilot project will be functioning until the end of 2022 and include the exchanges that have gained a license from the freshly-formed Astana Financial Service Authority […] More