Over a billion aUSD stablecoins were created out of thin air after the Acala hack, and now people are scratching their heads and wondering how a decentralized protocol would handle the clean up.
It happens at a time when the number of blockchain-related monthly active teams increased to 11,800 in July from 8,000 in March.
There have already been 13 such bridge attacks in 2022, with the $190 million Nomad Bridge hack being the most recent.
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By giving NFT producers the ability to create fully configurable drop pages, post photographs, videos, and more, the market place aims to place a priority on storytelling.
The ethical exploiter congratulated Arbitrium for the 400 ETH payout but asserted that a find of this kind should be entitled to the maximum bounty of about 1,500 ETH, or $2 million.
Hedge fund co-founder CK Cheng told Cointelegraph that institutional investors will enter the market as long as the regulations provide them with a very clear road to cryptocurrency.
The Ontario Securities Commission or the police, according to the founder of a fraud recovery legal company, are the only alternative options open to investors.
According to reports, 'endogenously collateralized stablecoins,' which rely on the value of an attached cryptocurrency from the same inventor to maintain a stable price, will be covered by the definition of the bill.