Unidentified cybercriminals managed to boost nearly $200 million from the decentralized finance lender Euler Finance on Monday. The attack, which stole millions in crypto assets like DAI and USD Coin, is being hailed as the biggest crypto hack of the year so far. If this year is anything like 2022, when hackers stole…
If you were seeking any more reasons to be skeptical of the crypto market, here you go: Nearly a quarter of new coins minted on the blockchain that attained any value in 2022 fit the on-chain characteristics of a pump-and-dump scheme, according to