Arbitrum airdrop hype helps zkSync addresses jump over 5X in a week
Airdrops were created as a marketing tool before the ICO era, rewarding traders for promoting the project and holding its token for a certain period.
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Autor Cointelegraph By Prashant Jha
Silicon Valley Bank’s downfall has many causes, but crypto isn’t one
Silicon Valley Bank’s collapse leaves many questioning the role of regulators, instilling fears of another 2008-like financial crisis.
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DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined
DeFi suffered its biggest attack this year with a flash loan attack on crypto lending platform Euler Finance and the hackers are belived to be same that exploited a BSC based protocol in February.
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Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood
Cathie Wood said the ongoing baking crisis is a total Fed policy failure and could have been averted with crypto’s decentralized solutions.
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Euler Finance blocks vulnerable module, working on recovering funds
Euler is working with law enforcement agencies and blockchain security firms to contact the exploiter and recover the funds.
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