DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve   coindesk.com 01 August 2024 19:00, UTC Decentralized finance protocol Convergence, a Curve-based yield-enhancing protocol, a was exploited Thursday, sending its token’s price to near-zero. The attacker created (minted) 58 million of the protocol’s CVG token using a vulnerability in the protocol’s codebase, and swapped…

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Crypto scam: New York authorities charge Michael Lauchlan

Crypto scam: New York authorities charge Michael Lauchlan   crypto.news 01 August 2024 19:07, UTC Manhattan District Attorney Alvin Bragg announced criminal charges against Michael Lauchlan for his involvement in a fake crypto asset recovery business. Lauchlan, operating under the alias Max Handler, allegedly defrauded customers through the company Coin Dispute Network (CDN) by falsely…

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Bitflow Integrates Swap Function with Leather Wallet, Bringing DeFi to 370,000 Users

Bitflow Integrates Swap Function with Leather Wallet, Bringing DeFi to 370,000 Users   blockchainreporter.net  + 1 more 01 August 2024 19:17, UTC In a groundbreaking move for the Bitcoin (BTC) ecosystem, Bitflow has announced the integration of its native swap function into Leather, one of the leading wallets within the Bitcoin network. This integration is…

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