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Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG

Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLGThe recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million tokens so far, is expected to reduce the total number of tokens in circulation to 10 billion. Holograph […]

Kraken and Koinly extend partnership to demystify tax reporting

Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance

Attackers Steal .6 Million in Digital Assets From Defi Protocol Pike FinanceUnknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability The decentralized finance (defi) protocol, Pike Finance, said on May 1 […]

Kraken and Koinly extend partnership to demystify tax reporting

Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

Hacker Steals .9 Million From Arbitrum-Based Defi Protocol Lodestar FinanceArbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralized finance (defi) platform, Lodestar Finance […]

Kraken and Koinly extend partnership to demystify tax reporting

Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist

Cross-Chain Bridge Nomad Loses 0 Million Making It 2022’s Third-Largest Crypto HeistOn Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in […]

Kraken and Koinly extend partnership to demystify tax reporting