‘Curve Wars’ are Heating Up 🔥
Hashing Bits || Week 45
This Week in Hacks
‘Curve Wars’ Heat Up: Emergency DAO Invoked
Curve Finance, a stable coin protocol, caused a loss to the users who provided liquidity to the platform through USDM due to a governance attack of Mochi, a USDM stablecoin project.
Galabet Farm under Clouds of Doubt
Galabet Farm, a DeFi project on BSC was suspected to steal $204k BUSD alongwith $CAKE.
SHIBank, rugpulled for - $100,000
SHIBank Finance, an OHM Blockchain fork on Binance Smart Chain, rug pulled investors for $100,000 during pre-sale by sending stolen funds to a burn address.
Harpseal Finance rugpulled, transactions paused
Harpseal Finance on BSC, rug pulled its token holders and shut down the website and social media handles. The project developers paused the withdrawal from the contract.
To the Numerophile’s out there 🔢
DeFi protocols lost $1.4 Billion so far in this year but recovered half of it.
Top Google search result for a popular NFT marketplace OpenSea was a phishing website.
NFT Artist Beeple’s Ethereum-backed 3D Sculpture Fetches ~ $30 Million.
More From the Editor's Desk
Are technical expertise a necessity to launch your NFTs?
$𝟰𝟬𝟬,𝟬𝟬𝟬 💰
.
.
That’s how much a 12-year old kid shelled out from creating a series of pixelated artworks, titled - ‘𝗪𝗲𝗶𝗿𝗱 𝗪𝗵𝗮𝗹𝗲𝘀 🐋’ and selling them online as NFTs.
Looks quite doable, right?
Things in the crypto sphere are being simplified so that anyone can participate and make their NFT art without prior coding experience👨💻.
Checkout our latest writeup - How to Create NFT Art with Zero {Coding} Experience, and who knows, your curiosity shoots to the same level as that of the aforementioned 12-year old kid, and you too end up selling your NFT for $𝟰𝟬𝟬,𝟬𝟬𝟬 (or) more.
Word on the Block
