Month: March 2023

Silicon Valley Bank Collapse Causes Crypto Market Panic

Silicon Valley Bank Collapse: The collapse of crypto-friendly Silicon Valley Bank on Friday morning caused a bank run and capital crisis resulting in the second-largest failure of a financial institution in US history. Impact on Dogecoin (DOGE): The cryptocurrency market saw a decline in DOGE’s value as fear, uncertainty, and doubt swept across the market. […]

DeFi Hacks: $20M+ Lost in 2021, Flash Loans at Fault

DeFi remains the main target for hackers in the crypto industry, with more than $20 million stolen since the beginning of 2023. Platforms such as dForce network, Platypus Finance, Orion, and Dexible have been impacted by the hacks. Flash loan attacks are the most dominant among all DeFi attacks, leading to a major pain point […]

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