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Crypto Ecosystems

Polygon Risks Losing Over $300 Million TVL as Aave Halts PoS Lending Services

The Aave community has approved a measure to halt lending services on Polygon’s Proof of Stake (PoS) chain, which could result in a loss of over $300 million in total value locked (TVL) on the chain. Aave is currently the largest decentralized application on Polygon PoS, with deposits exceeding $300 million.

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Crypto Ecosystems

$1.5 Billion Bybit Hack: A Look Back and Warnings From Ethereum Security Experts

On Friday, North Korea’s state-sponsored hacker group Lazarus carried out one of the largest attacks ever on a centralized cryptocurrency exchange.

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Crypto Ecosystems

North Korean Lazarus Group Allegedly Behind $1.5 Billion Bybit Hack

According to Arkham Intelligence, North Korean hacker group Lazarus has been identified as the culprit behind the attack on cryptocurrency exchange Bybit, which caused over $1.5 billion in losses.

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