2023-4-16 22:25 |
Multichain lending protocol, Hundred Finance, was hacked on Ethereum's layer-2 scaling solution, Optimism, resulting in a loss of approximately $7.4m
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
- DeFi protocol on Optimism, called Hundred Finance, was hacked with $7 million worth of funds stolen. - The sentiment against the protocol declined, however activity on Optimism remained high.
2023-4-16 12:30 | |
|
|
Hundred Finance, a decentralized finance (DeFi) multi-chain lending protocol utilizing the veHND model, has experienced a significant security breach on the Optimism layer-2 scaling solution. The protocol, which integrates with Chainlink oracles to ensure market health and stability, announced via their official Twitter account on Saturday, April 15, that they had been hacked with losses […] The post Hundred Finance hacked on Optimism, suffers $7 million loss appeared first on CryptoSlate.
2023-4-16 22:38 | |
|
|
| Analogue Notcoin - TapSwap |
Ethereum's L2 networks are transforming the blockchain's fee structure and spurring a new wave of economic activity. The post Ethereum fees hit lows while L2 capture users’ attention: IntoTheBlock appeared first on Crypto Briefing.
Ethereum Layer-2 (L2) Optimism has urged Layer-3 (L3) blockchain to join its Superchain by building with OP Stack and sharing sequencer revenue with the Optimism Collective. Superchain is a decentralized blockchain platform comprising many chains that share security and a technology stack (OP Stack).
Quick Take The recent stagnation in Bitcoin’s price has been accompanied by a significant influx of Bitcoin (BTC) into the over-the-counter (OTC) trading desks, a trend that has historically signaled the approach of local tops and bottoms.
Discover how Optimism's new features for custom gas tokens and plasma mode will enhance layer 3 support on the Superchain. The post Optimism will roll out new features to support layer 3 on Superchain appeared first on Crypto Briefing.
Sources report that Andreessen Horowitz has invested nearly $90 million in Optimism's OP token, affirming its commitment to the Ethereum layer 2 solution.
There has been a noticeable uptick in network activity in the broader Ethereum ecosystem. According to Dune Analytics, excluding Ordinals-related addresses, there are over 10 million wallets actively engaging with the mainnet and Ethereum layer-2 solutions like Base, Optimism, and Arbitrum.
Arkham Intelligence reveals millions of dollars in unclaimed digital assets in bridge contracts owned by whales and large firms. The post Millions of dollars in crypto assets lie unclaimed in DeFi bridge contracts: Arkham Intelligence appeared first on Crypto Briefing.