compromised

Compound’s Hack Cause for Reflection: Understanding the Past, Present, and Future Implications for DeFi and Crypto.

Compound Finance, one of the most prominent platforms in the decentralized finance (DeFi) space, has recently experienced a significant security breach, resulting in a $25 million loss. This event is not an isolated incident; Compound has faced several notable hacks and exploits over the years. Each of these incidents has not only impacted the platform but has also revealed critical vulnerabilities and posed significant challenges for the broader crypto ecosystem. This article explores the details of the recent governance exploit, reviews previous hacks, and discusses the broader implications for DeFi

Exploring the Influential Leadership Legacy of Wilbert T. Lee: A Philippine Congressional Force.

In a world often colored by political machinations and self-serving motivations, Representative Wilbert T. Lee emerges as a luminary of integrity and sincere dedication to the well-being of the Filipino population. His formidable first term in politics is decorated with a multitude of profoundly significant legislative accomplishments, with standout examples being the Philippine Salt Industry Development Act and the New Agrarian Emancipation Act - both indicative of his commitment to catalyzing economic progress and amplifying local communities' agency. Before stepping foot into the realm of politics, Lee was renowned for

Paribus: Measure Twice, Cut Once.

Measure Twice, Cut Once It was with a heavy heart that we decided this week to reschedule our MVP launch to early March. It wasn’t a decision we took lightly, knowing full well that it would cause ripples of disappointment throughout our community. As many people know we’ve been working closely with auditors at Hacken to ensure that the MVP is as secure as possible. Our decision to reschedule the launch is to allow the team at Hacken to work directly with our developers next week. Chris, our security advisor

Paribus. The Hidden Utility.

Despite all the diligence, and dedication of project founders and development teams working day and night in crypto bad actors continuously steal the limelight. It only takes one flaw to lose hundreds of millions of dollars and with such high stakes, no one can afford to be reckless with security. It’s the hidden utility within all of the protocols and websites we interact with on a daily basis. Whether it’s in Web2 or Web3 security is an essential element that we usually only pay attention to when it’s too late.