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    $371K in USDC stolen in an Avalanche flash loan exploit

    $371K in USDC stolen in an Avalanche flash loan exploit

    Avalanche-based lending protocol Nereus Finance was hacked and $371K in USD Coin (USDC) was stolen. The hacker deployed a custom smart contract taking advantage of a $51 million flash loan from Aave. CertiK, a blockchain cybersecurity firm, was among the first to...
    IMF Bailout Could Be in UK’s Future, Says Strategist

    IMF Bailout Could Be in UK’s Future, Says Strategist

    Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s...
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