Tag Archives: Second

DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether

The attack – the second in less than a week – began at just after 03:00 UTC Tuesday, when attackers apparently took out a flash loan of 7,500 ETH (approximately US$1.98 million), using 3,518 ETH (~$939,300) to purchase synthetic USD stablecoin sUSD from the issuer, which they then posted as collateral for a bZx loan, according to an analyst on Twitter. Continue reading DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether

Why Ethereum (ETH) can easily reclaim the second spot from Ripple’s XRP

For reasons related to Ether’s ability to maintain momentum despite the constant crisis that the Ethereum network has undergone and is still undergoing, Ether is showing profound possibilities of making a comeback and this is more likely to happen sooner than later. Continue reading Why Ethereum (ETH) can easily reclaim the second spot from Ripple’s XRP