The popular decentralized exchange, Uniswap, is having one of its latest governance proposals stonewalled by the crypto venture capital giant Andreesen Horowitz (a16z). The ongoing proposal vote, which ends on February 10, is currently 38% weighed against the change – almost entirely due to the software investor. So Much for Decentralization The proposal, tabled by 0xPlasma Labs on February 2, would have Uniswap v3 deployed to BNB chain. To enable the deployment, the proposal chose to use Wormhole – an…
Stani Kulechov
Hacker Steals $2.8 Million from Yearn.finance Proving Blockchains Hackable
Yearn.finance was left troubled on Thursday evening as an unidentified individual stole $2.8 million from a shared digital "vault" on the investment website. The hacker exploited the vault using Aave, a platform that allows users to make flash loans to borrow and lend money without collateral. Yearn.finance has not made any comments on the hack, but this proves that blockchain technology is hackable despite previous beliefs. This incident further shows that, like any other technology, it has its vulnerabilities. How…
2 years ago 
568 views
