Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Convergence
Weekly Crypto Hack Report: From Convergence Finance to Terra’s $5M Loss
The post Weekly Crypto Hack Report: From Convergence Finance to Terra’s $5M Loss appeared first on Coinpedia Fintech News Dark days for the crypto community as major hacks have unveiled numerous weaknesses in various broad venues. The exploits have not only been costing pretty tangible financial repercussions but have also caused trust deficits in these platforms. Tune in with us as we work and bring them out for you in our week’s hack report! Convergence Finance Breach Convergence Finance was…
10 months ago
Massive Hack on Convergence: $210,000 Stolen in Minutes!
The post Massive Hack on Convergence: $210,000 Stolen in Minutes! appeared first on Coinpedia Fintech News After millions of funds were lost in crypto in the month of July, the start of a new month brought a new hack to the crypto community. In a shocking event, decentralized finance protocol- Convergence got exploited out of $210,000. This has seriously rattled the crypto community.Let’s explore how this attack happened and what impact it created. The Exploit Uncovered An unknown attacker found…
10 months ago
Yesports Partners with 30+ World Class Web3 Games to Announce “Convergence 2023” — The Largest Digital Web3 Gaming to Esports Conference
Yesports.gg, the leading gateway for web3 gamers and esports fans, announced today that registration is now open for the highly-anticipated “Convergence 2023” event. The largest digital web3 gaming to esports conference, hosted by Yesports founder Sebastian Quinn, will take place over three days and features founders from 35 of the top web3 games, including; ZedRun, Decentral Games, Planet IX, Fabwelt | Arsenal, Exiled Racers, Undead Blocks, Metalcore, and Shatterpoint. This unique digital conference will also feature 3 leading global esports…
2 years ago