Cream Finance Attacker Converts $1.75M into Bitcoin
The bad actor who recently attacked the DeFi protocol Cream Finance has moved $1.75 million of the stolen funds.
The bad actor who recently attacked the DeFi protocol Cream Finance has moved $1.75 million of the stolen funds.
Leading cryptocurrencies updated their local highs in the first half of August.
A popular Twitter DeFi researcher under the pseudonym FatManTerra has found a fake investment scheme as part of an experiment and has raised more than $100,000 in Bitcoin in a couple of hours.
Michael Saylor has said that his company is conducting several research projects based on the Lightning Network.
Most long-term investors still adhere to their accumulation strategy.
The price of Bitcoin, the largest crypto in the market by capitalization, and Ether, the second one, lost about 13% and 20% of their value last month, respectively.
According to the founder of Cyber Capital, BTC has turned out to be the weakest digital currency from a technical point of view.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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