‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInHackers Stole More Than $600 Million in Cryptocurrency, Then Gave Some of It Back – WSJ
Poly Network said Wednesday that assets worth around $260 million have been returned. In a series of lengthy question-and-answer posts about the heist on a blockchain account used to hijack the funds, the purported hacker or hackers claimed that they were always planning to return the funds. “I am not very interested in money! I […]
At least $611 million stolen in massive cross-chain hack
Cross-chain protocol Poly Network has been hacked for $611 million in the largest DeFi hack to date. “We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon,” tweeted Poly Network today, adding, “We call on miners of affected blockchain and crypto exchanges to blacklist tokens coming from the above addresses.” Source: […]
DeFi Platforms With Names Like SushiSwap Aim to Be Nasdaq for Crypto – Bloomberg
Money manager Vladimir Vishnevskiy can earn a negative interest rate for holding a European government bond. Or he can pocket the annual equivalent of a 20% yield for locking money up in one of the wilder corners of the crypto market, known as decentralized finance, or DeFi. Source: DeFi Platforms With Names Like SushiSwap Aim […]