An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
TempleDAO
Hacker Steals Over $2M From DeFi Platform TempleDAO
Earlier today, yield farming platform TempleDAO suffered losses scaling $2 million after a hacker breached the protocol. This attack is the latest in a series of exploits across the DeFi industry over the past few weeks. Almost 2000 ETH Stolen Twitter user spreekaway first caught sight of the attack via on-chain data which they shared in a tweet. Blockchain security company Peckshield later confirmed the news on their Twitter page. According to the firm’s report, the attacker funded the exploit…
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