Market Bullish π+ Good News
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As I told in Earlier Post market gonna bullish ππππ and it's happening
πΌ Finally, Bitcoin moved from 30k to 31k for the first time in 2 weeks.
βΆοΈ In the past 24 hours, 82,989 traders were liquidated, the total liquidations come in at $253.31 million.
π¨ $90 million Defi exploit on Terra went unnoticed for seven months
βΎDeFi application Mirror Protocol faces a $90 million exploit on the old Terra blockchain and it went completely unnoticed for seven months.
βΎThe hack happened due to a buggy code that allows users to withdraw funds without any authorization. βΎAn unknown entity took advantage of it by using a list of duplicate IDs to repeatedly unlock hundreds of times more collateral than they had.
β‘οΈGood News
β‘οΈ π₯ Singapore launches a digital-asset initiative "Project Guardian"
βΎοΈSingapore started a project to investigate potential uses of asset tokenization as the city-state looks to establish itself as a hub for decentralized finance after several key crypto players left.
βΎοΈThe project named, "Project Guardian" is launched by the collaborative efforts of The Monetary Authority of Singapore (MAS) and the finance industry. βΎοΈThis project will test the feasibility of applications in asset tokenization and decentralized finance (DeFi) while working to manage risks to financial stability and integrity.