Daily Archives: 25/05/2021

DeFi Attacks: Is There a Way to Defend?

DeFi platforms, including well-known and already proven ones, are still susceptible to hacks and attacks, despite passing security audits. At the end of April, EasyFi lost $ 6 million as a result of a hacker attack, and in February 2021 Yearn.Finance suffered $ 11 million in damage. However, these events are not the only examples of compromised DeFi projects, as a result of which people lost money. The total amount of damage from such attacks…

Huobi has suspended provision of services for miners in China due to new regulatory policy

Huobi Suspends Miner Services In China Due To New Regulatory Policy Cryptocurrency exchange Huobi has suspended some services and products in several countries and miner hosting services in China in response to a new policy of regulators in the country. At the end of last week, a meeting of the Committee for Financial Stability and Development of China took place, during which it became known that the Chinese authorities could ban mining and trading in…