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Home / Ethereum / Ethereum $462.12, DeFi, KuCoin $0.8420– European Wrap 11 November

Ethereum $462.12, DeFi, KuCoin $0.8420– European Wrap 11 November

Unannounced onerous fork on Ethereum blockchain causes troubles for cryptocurrency trade

Sudden technical problems with Ethereum infrastructure supplier Infura spooked the cryptocurrency neighborhood on Wednesday. Quite a few buying and selling platforms and pockets service suppliers, together with Binance and MetaMask, had been compelled to droop ETH deposits and withdrawals, citing value updates. Learn extra…

Hackers steal almost $100 million from the DeFi sector because the begin of the yr

Hacker’s exercise within the DeFi house has been gaining traction because the begin of the yr. In accordance with the current CipherTrace report, the losses resulting from hacks, theft and fraud amounted to $99 million. Learn extra…

KuCoin on monitor to reopen all operations after recovering 84% of the $280 million hack

The Asia-based cryptocurrency alternate KuCoin managed to get well 84% of the funds misplaced within the large hack incident on September 25. The co-founder and the CEO of the alternate, Jonny Lyu, confirmed on his Twitter account that on-chain monitoring, contract improve, and judicial restoration allowed to get well of about $235 million out of $280 million stolen by the hackers. Learn extra…

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