DeFi Protocol Qubit Finance Loses $80M in Hack
By / January 28, 2022, 12:03 pm EST

Hackers stole 206,809 Binance Coin, roughly $80 million, from Qubit’s QBridge protocol, making it the seventh largest DeFi hack ever

Register Now Bolsters Venture Arm to $500M
By and / January 18, 2022, 7:12 am EST

The $300 million addition is expected to put it on an equal footing with other exchange venture operations

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FTX Lends Liquid Global $120 Million Following Hack
By / August 26, 2021, 4:17 pm EDT

“We always look to work closely with our customers and regulators to address their security-related concerns,” Sam Bankman-Fried, CEO of FTX told Blockworks. “Our first priority is the users, and the same is true of Liquid.”

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Poly Network Offers Chief Security Officer Role to Hacker That Stole $600M
By / August 17, 2021, 3:01 pm EDT

While devastating, hacks like Poly Networks can actually strengthen the ecosystem because they expose vulnerabilities, according to Michael Tant, an analyst at Inside and an angel investor.

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What Investors Have to Say About DeFi’s Largest Hack to Date
By / August 10, 2021, 6:48 pm EDT

The broader cryptocurrency market did not seem to have a significant reaction to the hack. Bitcoin and ethereum dipped slightly initially following the news, but were both trading in the green later in the day Tuesday.

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Hackers Steal Over $600M; Biggest in DeFi History
By / August 10, 2021, 11:54 am EDT

Interoperability protocol Poly Network has been hacked with more than $600 million stolen in the largest decentralized finance security breach in history. The market remains stable, despite the news.

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FBI, Sen. Warren Issue Crypto Security Warning
By / July 12, 2021, 1:00 pm EDT

FBI issues warning to cryptocurrency holders and exchanges about hacker threats shortly after Warren sends letter to SEC calling for crypto regulation.

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