Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,071 trillion. Bitcoin is up by over 3% after a successful week. Ethereum decreased by almost 2% over the past seven days. XRP gained nearly 2% in value this week. Almost all altcoins are trading in the green, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Yearn Finance Hacked
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 
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