HARVARD BUSINESS SCHOOL is all about its graduates’ “lifelong impact” on society. INSEAD exhorts its alumni to “drive business as a force for good”. Believe these and other MBA prospectuses, and a student arriving as an ordinary human being will leave as a virtuous do-gooder. Such claims have always strained credulity. A new working paper …
Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …
Ukraine prepares for reconstruction talks with international partners Read More »
You are here: Home / News / DeFi / Solana DeFi Protocol Crema Finance Halts Operations After a Hack July 4, 2022 by Lipika Deka Solana-powered liquidity protocol Crema Finance has temporarily suspended its operations after a major hack led to the draining of a sizable amount of funds. While the estimated loss is not …
Solana DeFi Protocol Crema Finance Halts Operations After a Hack Read More »
According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million from the attack. Crema Finance Vulnerability Causes Defi App to Lose Millions — 6 Flashloans Executed Another defi protocol has lost funds to a hacker …
Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen Read More »
DeFi protocol Crema Finance has been in the crosshairs of cybercriminals several times in the past twelve months. On July 2, 2022, hackers again targeted the Solana-based lending and borrowing platform in what was the fourth serious breach of the protocol’s security. DeFi Exploit Resurfaces Again In the latest attack, unknown hackers exploited a vulnerability …
Crema Finance Exploited Yet Again in Fresh Flash Loan Attack Read More »
Summary: KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals. According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows Capital, or Babel Finance. He further reassures that ‘everything on KuCoin is operating well.’ The CEO of KuCoin, Johnny Lyu, has refuted claims that the …
Topline Six months into this year—and on a day when gunfire killed at least six attending a Chicago area holiday parade—mass shootings and gun deaths in the United States rival 2021’s record-breaking figures, as a wave of gun violence that began at the start of the pandemic continues to rage—though a Covid-era jump in firearm …
U.S. Mass Shootings Hover Near Record-Breaking Levels Read More »
Topline Pope Francis dismissed speculation about his poor health and plans to resign in the near future, according to an interview with Reuters published Monday, hinting at possible trips to Moscow and Kyiv amid criticism the Vatican has not done enough to condemn Russia’s invasion of Ukraine. Pope Francis dismissed rumors he’s set to retire. …
Pope Dismisses Resignation Rumors As ‘Court Gossip’ Read More »
Topline Economists at Goldman Sachs hiked their inflation projections this weekend and warned clients that recent strong price spikes seem similar to those that preceded record inflation decades ago, joining other experts in forecasting inflation will last longer than previously expected. Recently strong inflation readings are beginning to rival those seen in the 1960s and …
Inflation May Get Much Worse This Summer—And Could Linger ‘Many Years’—Experts Warn Read More »
Topline WNBA star Brittney Griner sent President Joe Biden a handwritten letter asking him to “do all you can” to bring her and other U.S. detainees home from Russia, Griner’s agents said Monday, three days after her widely criticized drug possession trial began in a Russian court. WNBA superstar Brittney Griner arrives at a court …