From the perspective of an information security expert, Id recommend users to go with DeFi platforms that have secured reviews from at least two security firms, with regular checks for updates. The token is trading at $113.63, according to CoinGecko. V2 - Ep. Google Pixel 6a First Impressions: A New Beginning? This marks the third time the. Candelario, Skubal lead the Tigers to a 7-2 win. In February, it faced an exploit where hackers used DeFi protocol Alpha Finance to take out about US$38 million. Ripple and XRP Altcoins v1 lending markets were exploited and liquidity was removed on October 27, 1354 UTC, the company said in the tweet. This is the largest hack in DeFiand cryptohistory. The community is discussing shorting the CREAM token as a way of recovering some of the lost assets. 
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k^7ci%eLBufWdz7[f z? The National Association of Immigration Judges on Thursday asked the federal government to restore its union recognition after the Trump administration stripped its official status and the system's chief judge resigned after two years on the job. Poly Network, however, worked with the pseudonymous attacker, known as Mr. White Hat, and has retrieved all of the stolen funds. Majority of the crypto tokens lost were reportedly ERC-20 coins and the Cream Liquidity Protocol tokens. @Gbg?l!z1"4Wu^]:v`)MlbERhkJ^)$
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xmo6GiANts6aQpj@D>_tL{p18ER{Cn0`~}1LMp:>~xHFfN[`A,s=81I$]}5` _8 aeE'${vLSbJ&#? 3pt ]T*h-9]aYqie6t|j&LWvcsYI47;sB;A-xn,+2 55d6 \q+%D'0uLeYJ)Vs ZGtbA&avFu7F by PeckShield Inc.resulted in mostly Cream tokens, CREAM, being stolen. 25, CoinGecko Podcast - Bitcoin & Cryptocurrency Insights. that saw the thief make off with $600 million in stolen funds. The attacker only in the second hack, in August, has returned funds. The judges' backlog of immigration cases has tripled to 1.8 million since 2017. Vancouver, British Columbia--(Newsfile Corp. - July 21, 2022) - C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) ("C21" or the "Company"), a vertically integrated cannabis company, is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").As previously announced on May 30, 2022 (the "Announcement"), the Company applied for a management cease trade order ("MCTO") from the British Co, Gripped by gun violence thats affecting cities across the nation, the mayor of Portland, Oregon, on Thursday issued a new emergency declaration with the goal of reducing gun killings by at least 10% over the next two years.
endobj Speaking at the Yahoo Finance All Markets Summit earlier this week, Gensler said that the decentralized finance space will not end well unless robust consumer protections were brought in. Warnings on crypto, Bitcoin have materialized, says central bank body BIS, How crypto trading can become a life-consuming addiction, Bitcoin education accelerates adoption, lowers volatility: Ben Caselin, AAX. Bobby interviewed Leo on the background of C.R.E.A.M., the collaboration between C.R.E.A.M. 22,522 crore). , with the protocol being involved in a multi-million dollar exploit that resulted in an attacker making off with more than 418 million in AMPthe Flexa Networks native tokenand approximately 1,300 Ethereum. Paralyzed Veterans of America Executive Director Carl Blake issued a statement today in reaction to the Senate confirmation of Dr. Shereef Elnahal as the Under Secretary for Health of the Veterans Health Administration (VHA). 80 Crore to BCCI, Paytm Wants to Exit as Title Sponsor, Google Wallet Now Rolling to Android Users, Google Pay to Work Alongside, Google India Continues to Engage With Policymakers on Data Protection Legalisation, Assures Company Executive, Unable to Move Forward in Probe Against WhatsApp, Facebook: CCI Tells Delhi High Court, Hero Electric Begins Work to Set Up Second Manufacturing Plant in India for Electric Two-Wheelers, Samsung Galaxy M04 With Android 12, 3GB RAM Spotted on Geekbench, Decentralised lending protocol Cream Finance has been hacked, The company lost over $130 (Rs. ' , 43 , 50 , 55 75 TV Hisense , 50MP , 4500mAh Nothing Phone 1 , Nasa 5.5 , , Jio , 365 , 2GB . A new trailer for Don't Worry Darling -- starring Harry Styles and Florence Pugh -- arrived Thursday, and it's bound to give you the creeps. The app shows a little under 1,000 USDT, roughly 8,000 USDC, 622 YCRV and 351 CREAM. In October, Cream tweeted that it retrieved most of the stolen funds from the attacker. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Follow us on Twitter, Facebook and Telegram At press time, CREAM has again plummeted 28% following todays attack. It may be the latest example of hackers using flash loans (loans that are executed without the need of collateral as long as theyre paid back in one blockchain block) to exploit every last loophole they can find in the open source code across decentralized finance. endobj
In the same month, Japanese crypto exchange Liquid suffered a loss of over US$90 million in an attack, which siphoned Bitcoin, Ethereum, Tron and XRP tokens from the exchange. They arent going to drain the CREAM pool when the token price is going to dump, @brandonsnothome wrote in the CREAM Discord server. Cream Finance is a lending and borrowing protocol that runs on the Ethereum network.
The three hacks that Cream Finance has experienced are all related to flash loans, and the hackers from the [August attack] returned [most of] the stolen funds, Sun Huang, general manager and vice president for security development operations at XREX Inc., a Taipei-headquartered crypto-fiat exchange and trade technology platform, told Forkast.News. The DeFi platform said that it has halted its v1 lending markets on Ethereum and it is in the process of putting together a post-mortem review. Security experts are analyzing the spate of hacks for signs of vulnerability. Video shows the boy appearing to raise his hands in the air split-seconds before the gunshots are fired.
The Orioles have reached an agreement with first overall draft pick Jackson Holliday, pending a physical, for $8.19 million, a source with direct knowledge of the situation told The Baltimore Sun. - Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+- Cream Finance Suffers USD 25M Flash Loan Attack- DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner- Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum - Coinbase. Pokmon Squishmallows are here, and we gotta squish em all. For tips or queries you could reach out to her at RadhikaP@ndtv.com. Ford said it will use lower performance batteries for select models in order to meet its electric-vehicle targets. 2 0 obj The decentralized lending protocol Cream Finance's native token has fallen off a cliff following the news that the project aims to increase CREAM's supply in order to compensate users affected by the recent hack. Then, the hacker borrows 19 million, and makes use of the reentrancy bug to re-borrow 355 ETH inside.
Then the hacker self-liquidates the borrow. America First Legal (AFL) filed a five-page complaint in the Eastern District of Texas on behalf of a white Texas woman, claiming that the corporation engaged in racist business practices by paying Black, Latino and Native American delivery service partners a $10,000 bonus and not offering the same benefit to its white or Asian delivery partners. For instance, data of over three million CoinMarketCap (CMC) users was leaked earlier in October, the crypto tracker confirmed. The unlawful transaction costed around 9 Ether as a gas fee the charges levied for the facilitation of the transaction. The specia.
[00:00:02] Intro[00:01:19] Introduction of C.R.E.A.M. The attacka flash loan identified by PeckShield Inc.resulted in mostly Cream tokens, CREAM, being stolen. Following the hack, CREAM tanked to USD 111.61, dropping by almost 30%. This weeks hack is not the first attack on Cream Finance this year. In the wake of the latest exploit, Cream Finances token CREAM plummeted 25.8% in the last 24 hours as of Thursday afternoon Asia time to US$110.97, according to data from CoinGecko. Hackers have been targeting crypto-related platforms. With the global expansion of the crypto culture, news about hackers targeting crypto enthusiasts have been making the headlines in recent times. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Pokmon x Squishmallows collaboration unveiled at San Diego Comic Con, SEC coaches hop on the NIL complain train, ACC wants peace & Velveeta martinis are coming for us all, Shonka Dukureh, singer who portrayed Big Mama Thornton in 'Elvis,' found dead at 44, Sri Lankan security troops raid protest camp - media reports, C21 Investments Provides MCTO Status Update, Amid spike in shootings, Portland unveils new initiative. &l\mY. Get the best of Forkast delivered to your inbox daily, JOIN FORKAST+ FOR EXCLUSIVE STORIES, REPORTS AND EVENTS, Celsius bankruptcy deepens chill over crypto sector, The Lummis-Gillibrand bill could reshape global crypto regulations, How the crypto winter is laying groundwork for Web3 to reach its potential. The token is trading at, Cream Finance joins annals of crypto hacks, In August, the interoperability protocol Poly Network.
On Wednesday, pro-Donald Trump group America First Legal issued a class action suit against Amazon, accusing the company of privileging its Black, Native American and Latino employees over their white and Asian counterparts. Cryptocurrency: Ether Hits All Time High of $4,400, Redmi Note Series Global Sales Surpass 240 Million, Xiaomi Promises 10,000 Stores, Premint Hack Victims to Be Reimbursed With Over $525,000 in Ether Coins, Yuga Labs Issues Persistent Threat Group Warning to Alert NFT Community, Details Here, Premint Hack: Over 300 NFTs Stolen, Resold for $400,000 Marking One of 2022s Biggest Breach, Alibaba Executives Reportedly Summoned by Shanghai Authorities Over Data Theft Probe, Emmy Nominations 2022: Succession Leads the Pack, HBO Edges Out Netflix, Defunct Bitcoin Exchange to Pour $9 Billion into Paying Back Creditors, Google Report Warns That Crypto Scammers are Targeting Youtubers, Samsung 1.5 Ton 5 Star Split AC (AR18BYNZAUR), Everything You Need to Know About Netflix's The Gray Man, Amazon Prime Day 2022 Sale: Grab These Freebies Before the Sale Begins, Jaadugar Review: Jitendra Kumars Netflix Movie Is a Reprehensible Relic, Opera Mini Browser Adds Offline File Sharing Feature, How to Turn Off Read Receipts in Facebook Messenger, iMessage, WhatsApp, Japan Plans Ambitious Space Mission To Link Planets By Train: Report, NASA's Perseverance Rover Spots Hair Ball-Like Object On Mars, 10 Tips to Help You Master Alto's Odyssey, Amazon to Acquire US Healthcare Provider One Medical for $3.9 Billion, Facebook Revamps Its Main Feed to Feature Popular Post, Introduces New Tab, Google Restoring App Permission List on Play Store Months After Introducing Data Safety Labels, Google Warned Against Limiting Search for Anti-Abortion Pregnancy Centres by Republicans, Huawei Said to Be Under Probe in US Over Concerns of Capturing Sensitive Information From Military Bases, Byju's Said to Owe Over Rs. Previously, Gensler has also described the term DeFi as a , , and suggested that many tokens in the DeFi space could be. Security forces raided the main anti-government protest camp in Colombo and have begun pulling down tents, the BBC reported on Friday. Investigators are looking into where the case came from. Wickremesinghe issued a gazette notification on Thursday, calling for all members of the armed forces to maintain public order in several districts of the country from July 22. ecosystem[00:09:11] Thoughts on Polkadot and Serum [00:10:44] Competition for Aave and Compound[00:14:15] Collaboration with Compound[00:19:16] Merger with Yearn [00:23:01] Plans on accepting LP tokens[00:28:57] Iron Bank in C.R.E.A.M. The two developments come at a critical time for the Justice Department's Executive Office for Immigration Review, which runs the courts. CREAMs resources were leveraged in February to run a $23M exploit on Alpha Homora.This morning, @bubblebeam wrote on Discord, Yep I got destroyed to this, 6 figures gone., Four ways to make a smaller space live largeand feel like you. Redmi K50i Unboxing and First Look: Updating a Classic, HP OMEN vs HP VICTUS: The Battle Royal Of Gaming Laptops. [E3B|hq/|!w!I1/\PZ\y.h2]|=)5y &fRrI(hJcB&Ee)Q .
The companythat has over 72,000 followers on Twitteracknowledged the incident and revealed that an investigation into the case is underway. 688 crore) worth of crypto coins.
The attack would be the third-largest in DeFi according to Rekt. The new trailer explores the crumbling mental state of Harry and Pugh's respective characters, Jack and Alice, who live in an idyllic, experimental town housing project built to meet every resident's needs. As per a report by Business Insider, 32 incidents of hacks and fraud targeting the crypto space have been reported so far in 2021. Top Quant Analyst Looks at the State of BTC. <>/Metadata 604 0 R/ViewerPreferences 605 0 R>> A major hack attack has cost Ethereum-powered lending protocol called Cream Finance $130 million (roughly Rs. PeckShield, a blockchain security firm, was the first to identify the attack. Check Latest News Headlines The attacker wrote a message in the transaction gT Baave lucky, iron bank lucky, cream not. Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin Ethereum Trading *
Iron Bank is a protocol-to-protocol lending platform and runs through Yearn Finance. DeFi lending protocol CREAM Finance has been exploited for $130M, CREAM said in a tweet. In the most recent, $23M was lost due to a reentrancy bug in late August. NICKELODEON UNVEILS FIRST-EVER SPONGEBOB UNIVERSE CROSSOVER EVENT, WITH "THE TIDAL ZONE" UNDERSEA SPECIAL! V2. %PDF-1.7 Then the hacker self-liquidates the borrow. Don't Miss a Beat Subscribe to get crypto email alerts delivered directly to your inbox Radhika Parashar is a senior correspondent for Gadgets 360.
Security firm Peckshield tweeted a flash loan alert and then the breach was noted on Twitter by a researcher at The Block. We are investigating an exploit on C.R.E.A.M. The protocols native token, CREAM, is down more than 10% on the day and is trading at $161.70 at time of writing, according to CoinGecko. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. Carvaan Musicbar With Karaoke: Can This Be Your New Party Host? This is the largest hack in DeFiand cryptohistory. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Squishmallows teased fans about the release on Twitter early in the day on Wednesday before first-look images were shared online. Around 68 crypto-assets that were stored with Cream Finance adding up to the lost amount have also been stolen in this attack. He also cares about LGBT+ issues and is a shabu shabu fanatic. token transfer(). \qmo=|9scC5AS Finance Explains the Iron Bank in C.R.E.A.M. Following the attack that happened earlier this week, the value of the Cream LP tokens witnessed a substantial dip of 27 percent and is currently priced at around $111 (roughly Rs. Prior to that, the project had suffered another attack last August, losing over USD 25m worth of funds. Blockchain Regulators 3.4 lakh). The CREAM token was at $116.68 in morning trading New York time Wednesday, from $156.85 yesterday, or a 25% decline. 3 0 obj TimmyShenis a Taipei-based journalist at Forkast. Check Price Action 972 crore) worth of crypto assets, Most of these crypto coins were Cream LP tokens. While Jack seems hellbent on keeping what he has, yelling, "I gave you all of this, Alice," his wife finds herself consumed by nightmares and begins questioning reality. Previously, he wrote for Caixin Global and TechNode, covering topics ranging from fintech to fan economy. We will not stop until the gun violence stops.. 4 0 obj TERMS AND CONDITIONS | CONTACT, Specifically, in the example [transaction], the hacker makes a flash loan of 500 ETH and deposit the funds as collateral. In August, Cream Finance saw another exploit, which eventually led to a US$35 million loss, but it said in a post mortem at the time that it would replace the stolen cryptocurrencies to make sure there was no liquidity issue for its users. Attacks on DeFi protocols have been in the news in the past few weeks after Poly Network suffered a massive $643 million hack earlier this month. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Are we helpless against attacks on blockchain bridges?
All rights reserved. Discover something new every day from News, Sports, Finance, Entertainment and more! <> , Gensler said that the decentralized finance space will not end well unless robust consumer protections were brought in. At press time, CREAM has again plummeted 28% following todays attack.
Previously, Gensler has also described the term DeFi as a misnomer, and suggested that many tokens in the DeFi space could be unregistered securities. And without protections, I fear that its going to end poorly, he said. <>
1 0 obj In this episode, Bobby Ong, co-founder of CoinGecko is joined by Leo Cheng, co-founder at C.R.E.A.M. But as we shift our focus into more of a protocol-to-protocol lending in the Iron Bank in the V2, I think that positions us slightly differently and not as directly competitive to these two protocols. [00:11:46]So actually this might be the first time we're disclosing this publicly, but yeah, we're listing LP positions on SushiSwap and Uniswap because they're valuable collateral. [00:20:35]We have collected to date over 25,000 Ethereum, ETH tokens on here, which is anywhere, I think we're number six on the Genesis block on there. [00:26:40]LinksC.R.E.A.M. in a flash loan attack, tanking the price of CREAM by 30% in just one hour. According to the CREAM app, there is hardly anything left inside the v1 vaults. Cream Finance a Taipei-based decentralized lending platform saw yet another hack, in what could be one of the biggest flash-loan attacks in decentralized finance (DeFi) history.
(CREAM) on CoinGecko - https://www.coingecko.com/en/coins/creamC.R.E.A.M. Subsequently, Peckshield tweeted that the attacker had made a $117M gain on the exploit. In March, the lending platform revealed that their website had suffered a domain name system (DNS) spoofing attack which attempted to trick their users into typing their private seed phrase into a fake MetaMask wallet input box. It had fallen to as low as $108.15 earlier. This marks the third time the DeFi protocol has been hacked. v1 on Ethereum and will share updates as soon as they are available, the CREAM Twitter account noted at 11:04 AM New York time. Earlier in August, the protocol lost $25 million (roughly Rs. v1 on Ethereum and will share updates as soon as they are available. Leo Cheng, Co-Founder at C.R.E.A.M. For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. The hacker repeats the above process in 17 different transactions and gains in total 5.98K ETHs (with ~$18.8 million).. This fresh attack, however, is the biggest that Cream Finance has had to witness so far. stream Emergency declarations can get results the status quo cannot, Wheeler said during a briefing at City Hall. *P1B Blues singer and "Elvis" actress Shonka Dukureh was found dead in her Nashville apartment Thursday, police said. Polio case reported in New York, the first US case since 2013. In August, Cream was hacked all over again, with the protocol being involved in a multi-million dollar exploit that resulted in an attacker making off with more than 418 million in AMPthe Flexa Networks native tokenand approximately 1,300 Ethereum.
Dan Wetzel & SI's Pat Forde discuss the latest round of NIL comments from SEC coaches, weak comments from ACC commissioner Jim Phillips, a new proposal on transfers & the end of the turnover chain in Miami. The total value of these attacks is nearly $3 billion (roughly Rs. A quick 3min read about today's crypto news! The board of directors of Axe2 Acquisitions Inc. ("Axe2") announces, with great sadness, the death of Graham Donahue, acting Chief Executive Officer and director of Axe2. Get the biggest crypto news stories + weekly roundups and more! Cream Finance has been hacked, losing over $130 million. Cream Finance has been hacked, losing over $130 million. ETH 2 (CRETH2) on CoinGecko - https://www.coingecko.com/en/coins/cream-eth2Social MediaC.R.E.A.M. Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. The decentralized finance (DeFi) lending protocol Cream Finance (CREAM) suffered a hack that led to the loss of about $26 million in Ethereum (ETH) and AMP tokens. Meanwhile, despite CREAM plunging by double-digit percentages, other digital assets have resumed their upward movement. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 405] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Finance - https://cream.finance/CoinGecko - https://www.coingecko.com/C.R.E.A.M. "We will distribute 1,453,415 CREAM tokens to impacted users. This is not the first time for Cream Finance to suffer an exploit. 8,300), as per CoinGecko. Cream Finance today confirmed in a tweet that it has been exploited and lost about US$130 million worth of tokens. Liquid obtained a US$120 million loan from fellow exchange FTX to cover losses. Here's how you can watch Issa Rae's 'Rap Sh!t' online on HBO Max. Please note that The Daily Hodl participates in affiliate marketing. We are investigating an exploit on C.R.E.A.M. Frequent hacks such as these have prompted onlookers to call for greater consumer protection in the DeFi industry, including chair of the Securities and Exchange Commission, Gary Gensler. % |]@[t`G294^bJTx>qc9tVP4mb.]yVbQT 9dJsD{vcvL`e2yMpzl1@j SLtv26~9A ]myHW. ydev : incest bad, dont do. This appears to imply that CREAMs Iron Bank is untouched. As of now, CREAM has a circulating supply of 766,534, according to CoinGecko. Copyright 2022 Apple Inc. All rights reserved.
Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. Major Hack Attack Costs Cream Finance Over $130 Million in Cryptocurrencies, WhatsApp ! to0 /yGa c{i`qR. Currently, the value of one token of Ether $4,618 (roughly Rs. In late October, Cream Finance was the target of an exploit that drained over USD 130m in funds from the project's coffers.
Timmyholds an MS degree from Columbia Journalism School. Theres a lot of trading going on. In August, another DeFi platform, Poly Network, suffered a US$600 million hack, though the hacker later returned the stolen assets. Our Ethereum C.R.E.A.M.
Finance. Scams Crypto101 HodlX
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k^7ci%eLBufWdz7[f z? The National Association of Immigration Judges on Thursday asked the federal government to restore its union recognition after the Trump administration stripped its official status and the system's chief judge resigned after two years on the job. Poly Network, however, worked with the pseudonymous attacker, known as Mr. White Hat, and has retrieved all of the stolen funds. Majority of the crypto tokens lost were reportedly ERC-20 coins and the Cream Liquidity Protocol tokens. @Gbg?l!z1"4Wu^]:v`)MlbERhkJ^)$
!R3& xmo6GiANts6aQpj@D>_tL{p18ER{Cn0`~}1LMp:>~xHFfN[`A,s=81I$]}5` _8 aeE'${vLSbJ&#? 3pt ]T*h-9]aYqie6t|j&LWvcsYI47;sB;A-xn,+2 55d6 \q+%D'0uLeYJ)Vs ZGtbA&avFu7F by PeckShield Inc.resulted in mostly Cream tokens, CREAM, being stolen. 25, CoinGecko Podcast - Bitcoin & Cryptocurrency Insights. that saw the thief make off with $600 million in stolen funds. The attacker only in the second hack, in August, has returned funds. The judges' backlog of immigration cases has tripled to 1.8 million since 2017. Vancouver, British Columbia--(Newsfile Corp. - July 21, 2022) - C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) ("C21" or the "Company"), a vertically integrated cannabis company, is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 - Management Cease Trade Orders ("NP 12-203").As previously announced on May 30, 2022 (the "Announcement"), the Company applied for a management cease trade order ("MCTO") from the British Co, Gripped by gun violence thats affecting cities across the nation, the mayor of Portland, Oregon, on Thursday issued a new emergency declaration with the goal of reducing gun killings by at least 10% over the next two years.
endobj Speaking at the Yahoo Finance All Markets Summit earlier this week, Gensler said that the decentralized finance space will not end well unless robust consumer protections were brought in. Warnings on crypto, Bitcoin have materialized, says central bank body BIS, How crypto trading can become a life-consuming addiction, Bitcoin education accelerates adoption, lowers volatility: Ben Caselin, AAX. Bobby interviewed Leo on the background of C.R.E.A.M., the collaboration between C.R.E.A.M. 22,522 crore). , with the protocol being involved in a multi-million dollar exploit that resulted in an attacker making off with more than 418 million in AMPthe Flexa Networks native tokenand approximately 1,300 Ethereum. Paralyzed Veterans of America Executive Director Carl Blake issued a statement today in reaction to the Senate confirmation of Dr. Shereef Elnahal as the Under Secretary for Health of the Veterans Health Administration (VHA). 80 Crore to BCCI, Paytm Wants to Exit as Title Sponsor, Google Wallet Now Rolling to Android Users, Google Pay to Work Alongside, Google India Continues to Engage With Policymakers on Data Protection Legalisation, Assures Company Executive, Unable to Move Forward in Probe Against WhatsApp, Facebook: CCI Tells Delhi High Court, Hero Electric Begins Work to Set Up Second Manufacturing Plant in India for Electric Two-Wheelers, Samsung Galaxy M04 With Android 12, 3GB RAM Spotted on Geekbench, Decentralised lending protocol Cream Finance has been hacked, The company lost over $130 (Rs. ' , 43 , 50 , 55 75 TV Hisense , 50MP , 4500mAh Nothing Phone 1 , Nasa 5.5 , , Jio , 365 , 2GB . A new trailer for Don't Worry Darling -- starring Harry Styles and Florence Pugh -- arrived Thursday, and it's bound to give you the creeps. The app shows a little under 1,000 USDT, roughly 8,000 USDC, 622 YCRV and 351 CREAM. In October, Cream tweeted that it retrieved most of the stolen funds from the attacker. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Follow us on Twitter, Facebook and Telegram At press time, CREAM has again plummeted 28% following todays attack. It may be the latest example of hackers using flash loans (loans that are executed without the need of collateral as long as theyre paid back in one blockchain block) to exploit every last loophole they can find in the open source code across decentralized finance. endobj
In the same month, Japanese crypto exchange Liquid suffered a loss of over US$90 million in an attack, which siphoned Bitcoin, Ethereum, Tron and XRP tokens from the exchange. They arent going to drain the CREAM pool when the token price is going to dump, @brandonsnothome wrote in the CREAM Discord server. Cream Finance is a lending and borrowing protocol that runs on the Ethereum network.
The three hacks that Cream Finance has experienced are all related to flash loans, and the hackers from the [August attack] returned [most of] the stolen funds, Sun Huang, general manager and vice president for security development operations at XREX Inc., a Taipei-headquartered crypto-fiat exchange and trade technology platform, told Forkast.News. The DeFi platform said that it has halted its v1 lending markets on Ethereum and it is in the process of putting together a post-mortem review. Security experts are analyzing the spate of hacks for signs of vulnerability. Video shows the boy appearing to raise his hands in the air split-seconds before the gunshots are fired.
The Orioles have reached an agreement with first overall draft pick Jackson Holliday, pending a physical, for $8.19 million, a source with direct knowledge of the situation told The Baltimore Sun. - Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+- Cream Finance Suffers USD 25M Flash Loan Attack- DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner- Current Cycle Less Speculative, Users Moving Beyond Bitcoin and Ethereum - Coinbase. Pokmon Squishmallows are here, and we gotta squish em all. For tips or queries you could reach out to her at RadhikaP@ndtv.com. Ford said it will use lower performance batteries for select models in order to meet its electric-vehicle targets. 2 0 obj The decentralized lending protocol Cream Finance's native token has fallen off a cliff following the news that the project aims to increase CREAM's supply in order to compensate users affected by the recent hack. Then, the hacker borrows 19 million, and makes use of the reentrancy bug to re-borrow 355 ETH inside.
Then the hacker self-liquidates the borrow. America First Legal (AFL) filed a five-page complaint in the Eastern District of Texas on behalf of a white Texas woman, claiming that the corporation engaged in racist business practices by paying Black, Latino and Native American delivery service partners a $10,000 bonus and not offering the same benefit to its white or Asian delivery partners. For instance, data of over three million CoinMarketCap (CMC) users was leaked earlier in October, the crypto tracker confirmed. The unlawful transaction costed around 9 Ether as a gas fee the charges levied for the facilitation of the transaction. The specia.
[00:00:02] Intro[00:01:19] Introduction of C.R.E.A.M. The attacka flash loan identified by PeckShield Inc.resulted in mostly Cream tokens, CREAM, being stolen. Following the hack, CREAM tanked to USD 111.61, dropping by almost 30%. This weeks hack is not the first attack on Cream Finance this year. In the wake of the latest exploit, Cream Finances token CREAM plummeted 25.8% in the last 24 hours as of Thursday afternoon Asia time to US$110.97, according to data from CoinGecko. Hackers have been targeting crypto-related platforms. With the global expansion of the crypto culture, news about hackers targeting crypto enthusiasts have been making the headlines in recent times. She has been reporting on tech and telecom for the last three years now and will be focussing on writing about all things crypto. Pokmon x Squishmallows collaboration unveiled at San Diego Comic Con, SEC coaches hop on the NIL complain train, ACC wants peace & Velveeta martinis are coming for us all, Shonka Dukureh, singer who portrayed Big Mama Thornton in 'Elvis,' found dead at 44, Sri Lankan security troops raid protest camp - media reports, C21 Investments Provides MCTO Status Update, Amid spike in shootings, Portland unveils new initiative. &l\mY. Get the best of Forkast delivered to your inbox daily, JOIN FORKAST+ FOR EXCLUSIVE STORIES, REPORTS AND EVENTS, Celsius bankruptcy deepens chill over crypto sector, The Lummis-Gillibrand bill could reshape global crypto regulations, How the crypto winter is laying groundwork for Web3 to reach its potential. The token is trading at, Cream Finance joins annals of crypto hacks, In August, the interoperability protocol Poly Network.
On Wednesday, pro-Donald Trump group America First Legal issued a class action suit against Amazon, accusing the company of privileging its Black, Native American and Latino employees over their white and Asian counterparts. Cryptocurrency: Ether Hits All Time High of $4,400, Redmi Note Series Global Sales Surpass 240 Million, Xiaomi Promises 10,000 Stores, Premint Hack Victims to Be Reimbursed With Over $525,000 in Ether Coins, Yuga Labs Issues Persistent Threat Group Warning to Alert NFT Community, Details Here, Premint Hack: Over 300 NFTs Stolen, Resold for $400,000 Marking One of 2022s Biggest Breach, Alibaba Executives Reportedly Summoned by Shanghai Authorities Over Data Theft Probe, Emmy Nominations 2022: Succession Leads the Pack, HBO Edges Out Netflix, Defunct Bitcoin Exchange to Pour $9 Billion into Paying Back Creditors, Google Report Warns That Crypto Scammers are Targeting Youtubers, Samsung 1.5 Ton 5 Star Split AC (AR18BYNZAUR), Everything You Need to Know About Netflix's The Gray Man, Amazon Prime Day 2022 Sale: Grab These Freebies Before the Sale Begins, Jaadugar Review: Jitendra Kumars Netflix Movie Is a Reprehensible Relic, Opera Mini Browser Adds Offline File Sharing Feature, How to Turn Off Read Receipts in Facebook Messenger, iMessage, WhatsApp, Japan Plans Ambitious Space Mission To Link Planets By Train: Report, NASA's Perseverance Rover Spots Hair Ball-Like Object On Mars, 10 Tips to Help You Master Alto's Odyssey, Amazon to Acquire US Healthcare Provider One Medical for $3.9 Billion, Facebook Revamps Its Main Feed to Feature Popular Post, Introduces New Tab, Google Restoring App Permission List on Play Store Months After Introducing Data Safety Labels, Google Warned Against Limiting Search for Anti-Abortion Pregnancy Centres by Republicans, Huawei Said to Be Under Probe in US Over Concerns of Capturing Sensitive Information From Military Bases, Byju's Said to Owe Over Rs. Previously, Gensler has also described the term DeFi as a , , and suggested that many tokens in the DeFi space could be. Security forces raided the main anti-government protest camp in Colombo and have begun pulling down tents, the BBC reported on Friday. Investigators are looking into where the case came from. Wickremesinghe issued a gazette notification on Thursday, calling for all members of the armed forces to maintain public order in several districts of the country from July 22. ecosystem[00:09:11] Thoughts on Polkadot and Serum [00:10:44] Competition for Aave and Compound[00:14:15] Collaboration with Compound[00:19:16] Merger with Yearn [00:23:01] Plans on accepting LP tokens[00:28:57] Iron Bank in C.R.E.A.M. The two developments come at a critical time for the Justice Department's Executive Office for Immigration Review, which runs the courts. CREAMs resources were leveraged in February to run a $23M exploit on Alpha Homora.This morning, @bubblebeam wrote on Discord, Yep I got destroyed to this, 6 figures gone., Four ways to make a smaller space live largeand feel like you. Redmi K50i Unboxing and First Look: Updating a Classic, HP OMEN vs HP VICTUS: The Battle Royal Of Gaming Laptops. [E3B|hq/|!w!I1/\PZ\y.h2]|=)5y &fRrI(hJcB&Ee)Q .
The companythat has over 72,000 followers on Twitteracknowledged the incident and revealed that an investigation into the case is underway. 688 crore) worth of crypto coins.
The attack would be the third-largest in DeFi according to Rekt. The new trailer explores the crumbling mental state of Harry and Pugh's respective characters, Jack and Alice, who live in an idyllic, experimental town housing project built to meet every resident's needs. As per a report by Business Insider, 32 incidents of hacks and fraud targeting the crypto space have been reported so far in 2021. Top Quant Analyst Looks at the State of BTC. <>/Metadata 604 0 R/ViewerPreferences 605 0 R>> A major hack attack has cost Ethereum-powered lending protocol called Cream Finance $130 million (roughly Rs. PeckShield, a blockchain security firm, was the first to identify the attack. Check Latest News Headlines The attacker wrote a message in the transaction gT Baave lucky, iron bank lucky, cream not. Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology, Bitcoin Ethereum Trading *
Iron Bank is a protocol-to-protocol lending platform and runs through Yearn Finance. DeFi lending protocol CREAM Finance has been exploited for $130M, CREAM said in a tweet. In the most recent, $23M was lost due to a reentrancy bug in late August. NICKELODEON UNVEILS FIRST-EVER SPONGEBOB UNIVERSE CROSSOVER EVENT, WITH "THE TIDAL ZONE" UNDERSEA SPECIAL! V2. %PDF-1.7 Then the hacker self-liquidates the borrow. Don't Miss a Beat Subscribe to get crypto email alerts delivered directly to your inbox Radhika Parashar is a senior correspondent for Gadgets 360.
Security firm Peckshield tweeted a flash loan alert and then the breach was noted on Twitter by a researcher at The Block. We are investigating an exploit on C.R.E.A.M. The protocols native token, CREAM, is down more than 10% on the day and is trading at $161.70 at time of writing, according to CoinGecko. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. Carvaan Musicbar With Karaoke: Can This Be Your New Party Host? This is the largest hack in DeFiand cryptohistory. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Squishmallows teased fans about the release on Twitter early in the day on Wednesday before first-look images were shared online. Around 68 crypto-assets that were stored with Cream Finance adding up to the lost amount have also been stolen in this attack. He also cares about LGBT+ issues and is a shabu shabu fanatic. token transfer(). \qmo=|9scC5AS Finance Explains the Iron Bank in C.R.E.A.M. Following the attack that happened earlier this week, the value of the Cream LP tokens witnessed a substantial dip of 27 percent and is currently priced at around $111 (roughly Rs. Prior to that, the project had suffered another attack last August, losing over USD 25m worth of funds. Blockchain Regulators 3.4 lakh). The CREAM token was at $116.68 in morning trading New York time Wednesday, from $156.85 yesterday, or a 25% decline. 3 0 obj TimmyShenis a Taipei-based journalist at Forkast. Check Price Action 972 crore) worth of crypto assets, Most of these crypto coins were Cream LP tokens. While Jack seems hellbent on keeping what he has, yelling, "I gave you all of this, Alice," his wife finds herself consumed by nightmares and begins questioning reality. Previously, he wrote for Caixin Global and TechNode, covering topics ranging from fintech to fan economy. We will not stop until the gun violence stops.. 4 0 obj TERMS AND CONDITIONS | CONTACT, Specifically, in the example [transaction], the hacker makes a flash loan of 500 ETH and deposit the funds as collateral. In August, Cream Finance saw another exploit, which eventually led to a US$35 million loss, but it said in a post mortem at the time that it would replace the stolen cryptocurrencies to make sure there was no liquidity issue for its users. Attacks on DeFi protocols have been in the news in the past few weeks after Poly Network suffered a massive $643 million hack earlier this month. Industry Announcements, ABOUT US | EDITORIAL POLICY | PRIVACY POLICY Are we helpless against attacks on blockchain bridges?
All rights reserved. Discover something new every day from News, Sports, Finance, Entertainment and more! <> , Gensler said that the decentralized finance space will not end well unless robust consumer protections were brought in. At press time, CREAM has again plummeted 28% following todays attack.
Previously, Gensler has also described the term DeFi as a misnomer, and suggested that many tokens in the DeFi space could be unregistered securities. And without protections, I fear that its going to end poorly, he said. <>
1 0 obj In this episode, Bobby Ong, co-founder of CoinGecko is joined by Leo Cheng, co-founder at C.R.E.A.M. But as we shift our focus into more of a protocol-to-protocol lending in the Iron Bank in the V2, I think that positions us slightly differently and not as directly competitive to these two protocols. [00:11:46]So actually this might be the first time we're disclosing this publicly, but yeah, we're listing LP positions on SushiSwap and Uniswap because they're valuable collateral. [00:20:35]We have collected to date over 25,000 Ethereum, ETH tokens on here, which is anywhere, I think we're number six on the Genesis block on there. [00:26:40]LinksC.R.E.A.M. in a flash loan attack, tanking the price of CREAM by 30% in just one hour. According to the CREAM app, there is hardly anything left inside the v1 vaults. Cream Finance a Taipei-based decentralized lending platform saw yet another hack, in what could be one of the biggest flash-loan attacks in decentralized finance (DeFi) history.
(CREAM) on CoinGecko - https://www.coingecko.com/en/coins/creamC.R.E.A.M. Subsequently, Peckshield tweeted that the attacker had made a $117M gain on the exploit. In March, the lending platform revealed that their website had suffered a domain name system (DNS) spoofing attack which attempted to trick their users into typing their private seed phrase into a fake MetaMask wallet input box. It had fallen to as low as $108.15 earlier. This marks the third time the DeFi protocol has been hacked. v1 on Ethereum and will share updates as soon as they are available, the CREAM Twitter account noted at 11:04 AM New York time. Earlier in August, the protocol lost $25 million (roughly Rs. v1 on Ethereum and will share updates as soon as they are available. Leo Cheng, Co-Founder at C.R.E.A.M. For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. The hacker repeats the above process in 17 different transactions and gains in total 5.98K ETHs (with ~$18.8 million).. This fresh attack, however, is the biggest that Cream Finance has had to witness so far. stream Emergency declarations can get results the status quo cannot, Wheeler said during a briefing at City Hall. *P1B Blues singer and "Elvis" actress Shonka Dukureh was found dead in her Nashville apartment Thursday, police said. Polio case reported in New York, the first US case since 2013. In August, Cream was hacked all over again, with the protocol being involved in a multi-million dollar exploit that resulted in an attacker making off with more than 418 million in AMPthe Flexa Networks native tokenand approximately 1,300 Ethereum.
Dan Wetzel & SI's Pat Forde discuss the latest round of NIL comments from SEC coaches, weak comments from ACC commissioner Jim Phillips, a new proposal on transfers & the end of the turnover chain in Miami. The total value of these attacks is nearly $3 billion (roughly Rs. A quick 3min read about today's crypto news! The board of directors of Axe2 Acquisitions Inc. ("Axe2") announces, with great sadness, the death of Graham Donahue, acting Chief Executive Officer and director of Axe2. Get the biggest crypto news stories + weekly roundups and more! Cream Finance has been hacked, losing over $130 million. Cream Finance has been hacked, losing over $130 million. ETH 2 (CRETH2) on CoinGecko - https://www.coingecko.com/en/coins/cream-eth2Social MediaC.R.E.A.M. Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. The decentralized finance (DeFi) lending protocol Cream Finance (CREAM) suffered a hack that led to the loss of about $26 million in Ethereum (ETH) and AMP tokens. Meanwhile, despite CREAM plunging by double-digit percentages, other digital assets have resumed their upward movement. <>/Font<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 405] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Finance - https://cream.finance/CoinGecko - https://www.coingecko.com/C.R.E.A.M. "We will distribute 1,453,415 CREAM tokens to impacted users. This is not the first time for Cream Finance to suffer an exploit. 8,300), as per CoinGecko. Cream Finance today confirmed in a tweet that it has been exploited and lost about US$130 million worth of tokens. Liquid obtained a US$120 million loan from fellow exchange FTX to cover losses. Here's how you can watch Issa Rae's 'Rap Sh!t' online on HBO Max. Please note that The Daily Hodl participates in affiliate marketing. We are investigating an exploit on C.R.E.A.M. Frequent hacks such as these have prompted onlookers to call for greater consumer protection in the DeFi industry, including chair of the Securities and Exchange Commission, Gary Gensler. % |]@[t`G294^bJTx>qc9tVP4mb.]yVbQT 9dJsD{vcvL`e2yMpzl1@j SLtv26~9A ]myHW. ydev : incest bad, dont do. This appears to imply that CREAMs Iron Bank is untouched. As of now, CREAM has a circulating supply of 766,534, according to CoinGecko. Copyright 2022 Apple Inc. All rights reserved.
Besides this, she is a major sitcom nerd and often replies in Chandler Bing and Michael Scott references. Major Hack Attack Costs Cream Finance Over $130 Million in Cryptocurrencies, WhatsApp ! to0 /yGa c{i`qR. Currently, the value of one token of Ether $4,618 (roughly Rs. In late October, Cream Finance was the target of an exploit that drained over USD 130m in funds from the project's coffers.
Timmyholds an MS degree from Columbia Journalism School. Theres a lot of trading going on. In August, another DeFi platform, Poly Network, suffered a US$600 million hack, though the hacker later returned the stolen assets. Our Ethereum C.R.E.A.M.
Finance. Scams Crypto101 HodlX