Top Crypto Whale Trashes DeFi, An Ethereum Marketing Ploy with “No Utility”

One of the most hyped aspects of Ethereum’s ecosystem, decentralized finance (DeFi), has been under the microscope over the past week after a double-whammy hack, with the same underlying exploit being used to steal assets from two DeFi platforms. It began late last week when approximately $300,000 worth of Ether and imBTC, a tokenized version of Bitcoin, was swiped from a Uniswap market (notably not because of a bug in Uniswap’s protocol). This hack inspired […]

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Author: toutiao