Platypus to work on compensation plan after $8.5M attack

Decentralized finance (DeFi) firm Platypus is working on a compensation plan for users’ losses after a flash loan attack drained nearly $8.5 million from the protocol, affecting its stablecoin dollar-...

Platypus Protocol Loses $8.5M in Flash Loan Attack

Platypus, a decentralized finance (DeFi) protocol, was the victim of a flash loan attack worth $8.5 million. The stablecoin USP got depegged by 50% before recovering the peg. The DeFi protocol Aave de...

DeFi Protocol Platypus Compromised For $8.5M

The DeFi protocol Platypus has been the target of the latest flash loan attack, which has resulted in a loss of funds worth $8.5 million.  Flash Loan Attack Results In Stablecoin Depeg The flash loan ...

DeFi protocol Platypus suffers $8.5M flash loan attack, suspect identified

A potential suspect has been identified over the $8.5 million attack on decentralized finance protocol Platypus, which saw $8.5 million drained from the protocol. Blockchain security firm CertiK first...

Crypto Exchange Bitfinex Transfers $8.5M to Alameda Consolidation Address

Blockchain security firm PeckShield has disclosed a series of transfers from three addresses, including one from crypto exchange Bitfinex to Alameda Research’s consolidation wallet. According to Ether...

Nearly $8.5M In Crypto Transferred To Alameda Wallet

The FTX collapse had a tremendous effect in the crypto space after which most of the cryptocurrencies tumbled down including crypto firms. This was the time when Bitcoin was pulled back hitting as low...

Alameda address receives $13m, including $8.5m from Bitfinex

The address labeled “Alameda Consolidation” received over $13 million within two hours, including up to $8.5 million in USDT and ethereum (ETH) from a Bitfinex hot wallet address. The development has ...

Calimero Network raises $8.5m for NEAR sharding

Calimero Network has raised $8.5 million in a seed round co-led by Khosla Ventures, Lyrik Ventures, and NEAR Foundation. The funds will be dedicated to developing private sharding solutions for the NE...

Swiss web3 project raises $8.5m from Circle and others to launch blockchain bonds

Obligate (formerly FQX) has raised $8.5 million from Circle Ventures, Blockchange Ventures, SIX Fintech Ventures, and others in a seed extension funding round. The capital will enable Obligate to laun...

Ethereum 2.0 Flops, BNB Suffers Worst Hack Ever, Big Eyes Presale Hits $8.5M: Crypto’s Hectic October

It’s been a big month in cryptocurrency news. The long-awaited Ethereum (ETH) Merge (also known as Ethereum 2.0) has arrived and has been met with mixed reception thus far. What should have been a maj...

Web3 finance platform Integral closes $8.5m round led by Electric Capital

Web3 finance platform Integral has closed an $8.5 million funding round led by Electric Capital.  Integral, which describes itself as a “real-time finance platform for web3 enterprises,” e...

Money streaming protocol Zebec raises an additional $8.5M

Zebec, the first programmable cash flow protocol on the Solana network, has raised $8.5M USD at a fully diluted valuation of $1 Billion. The investors include Circle Ventures, Shima, and Resolute. Ear...