Solanas Loopscale halts lending following $5.8 million cyberattack

Solana’s lending platform, SolRazr, has temporarily stopped its services after a hack resulted in a loss of $5.8 million. This incident has raised concerns regarding the security of decentralized finance (DeFi) platforms. The exploit occurred due to a vulnerability in the smart contract used by SolRazr, allowing the hacker to drain funds from the platform. [...]

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FTX secretly lent Alameda Research $65B

Environmentalists sued the New York Public Service Commission (PSC) on Jan. 13 for allowing the takeover of a bitcoin mining plant. Plaintiff's argument that approval breaches 2019 New York climate legislation. The Climate Leadership and Community Protection Act aims to reduce 85% of statewide emissions by 2050 and achieve zero-emissions power by 2040, among other goals. (Read More)

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The RAPSCALLIONS (RAPS): Mooning NFT Project with True Breeding and Battles

The Rapscallions is an exclusive gang. Membership in the gang requires you to own at least one of the 10,150 RAPS NFT. The Rapscallions will be available to mint from September 24th, 2021 at a cost of 0.06 eth each. The team behind The Rapscallions has reimagined the whole concept of NFTs and the marketplace […]

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Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program

Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding the “constitutionality, security, accountability, statutory authority, and oversight of the [...]

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