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Speculation on the Bad Actors Behind the Compound Finance Exploit: Who’s Really to Blame?

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Time Stamp: July 29, 2024 12:28 PM - Modified On: July 29, 2024 - Published By:
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The recent governance exploit on Compound Finance, leading to a staggering $25 million loss, has sparked a fierce debate within the crypto community. Who are these elusive perpetrators, and what are their motives? While concrete evidence remains elusive, we can delve into the murky waters of speculation, examining potential bad actors and their motivations. Brace yourselves—this analysis is bound to stir strong opinions. Potential Bad Actors: Who Could Be Behind the Exploit? Insider Threats: The Betrayers Within Understanding of the System: Let’s not kid ourselves—those with insider knowledge of Compound

How the Compound Finance Governance Exploit Happened. The $25 Million Governance Exploit.

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Time Stamp: July 29, 2024 9:02 AM - Modified On: July 29, 2024 - Published By:
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Compound Finance, a pioneering decentralized finance (DeFi) platform, has recently been in the spotlight for a significant governance exploit resulting in a $25 million loss. This incident is not isolated; Compound has faced multiple security breaches over the years, each revealing vulnerabilities within the DeFi ecosystem. This article delves into the details of the recent hack, examines previous security breaches, and discusses the broader implications for Compound and the cryptocurrency industry.  The Incident On July 28, 2024, Compound Finance was hit by a governance exploit orchestrated by a group known

Raja Randhir Singh sole candidate for OCA Presidency

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Time Stamp: July 22, 2024 1:13 PM - Modified On: July 22, 2024 - Published By:
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Kuwait, July 22, 2024 : The Olympic Council of Asia (OCA) Election Committee can confirm that OCA Acting President Randhir Singh is the sole eligible candidate to be nominated for election at the OCA General Assembly on 8 September 2024. The Election Committee, chaired by Justice Rohinton Nariman, met today to review the CVs and eligibility requirements as per OCA Constitution, the Election Rules and Guidelines, of all nominated candidates submitted by Member NOCs of OCA by 21 July 2024 deadline. The Committee unanimously approved the nomination of Mr Singh

The $Bobby Token launches at Consensus 2024, and announces Kennedy Campaign Community Activator, Kyle Kemper, as Advisor.

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Time Stamp: May 29, 2024 3:47 PM - Modified On: May 29, 2024 - Published By:
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  Austin, Texas – May 29, 2024 – The $Bobby Politifi Meme Token, trading on Uniswap under the ticker $BOBBY, has announced its highly anticipated relaunch at Consensus 2024 (29-31 May, 2024, Texas, USA). The official launch event will take place on May 29, 2024, marking a new chapter for the token that has rapidly evolved from a meme coin into a powerful movement supporting Kennedy’s beliefs and his fight for crypto’s future. $Bobby is more than just a token; it is a movement that resonates with the ideals of

JCB, IDEMIA and Soft Space launch “JCBDC” Phase 2 pilot to trial CBDC offline P2P payments

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Time Stamp: December 13, 2023 6:48 AM - Modified On: December 13, 2023 - Published By:
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Tokyo, Paris, Kuala Lumpur, Dec 13, 2023 - (JCN Newswire) - Japan's only international payment brand JCB Co., Ltd. ("JCB") has launched the “JCBDC” (JCB Digital Currency) Phase 2 pilot project with IDEMIA, a global leader in identity technologies, and the world’s leading fintech company Soft Space Sdn Bhd. ("Soft Space"). In Phase 1 of the JCBDC project, JCB, IDEMIA, and Soft Space developed a CBDC (Central Bank Digital Currency) payment solution, enabling merchants to accept CBDC without the need to modify their POS (point of sale) terminals and payment

Zilliqa partners with GMEX ZERO13 to launch consumer-focused carbon offset platform

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Time Stamp: September 27, 2023 6:41 AM - Modified On: September 27, 2023 - Published By:
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LONDON, 27 September 2023 – Zilliqa, a leading layer-1 blockchain offering high-performance, high-security and low-fee solutions, today announces a partnership with GMEX Group and its initiative ZERO13, the digital climate fintech aggregation ecosystem, to launch the first-of-its-kind carbon offset platform that will transform the way that retail customers engage with corporate environmental initiatives. Together, Zilliqa Group and GMEX ZERO13 will deliver a cutting-edge platform that uses the blockchain-based currency, EVP, to represent carbon credit offsets. When they purchase goods or services, customers of brands partnered with Zilliqa will receive EVP

Dynamic Rewards Unleashed

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Time Stamp: June 1, 2023 1:05 PM - Modified On: June 1, 2023 - Published By:
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Following weeks of preparation and hard work, we’re incredibly excited to open the Paribus Mainnet v1 tomorrow. This marks the welcome return of our protocol and heralds the beginning of our rewards program. For those who participated in our staking program, the concept behind the rewards program will be simple to understand. We’ve allocated 100 million PBX tokens to be issued as rewards to borrowers on the platform. This concept is even more exciting because the rewards are scheduled to be released evenly across every block and are anticipated to

BREATHE! Convention Expands Event Experience with Date and Location Change to September 2023 at World Market Center Las Vegas

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Time Stamp: April 20, 2023 7:30 AM - Modified On: April 20, 2023 - Published By:
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For Immediate Release April 20, 2023 LAS VEGAS, NV - BREATHE! Convention, the premier event for emerging technology and digital transformation, has announced a date and location change for its upcoming convention. Originally scheduled for May 3-5, 2023, at the Las Vegas Convention Center, the event now takes place from September 13-15, 2023 at The Expo at World Market Center Las Vegas. This change embodies the ongoing commitment of BREATHE! to connect ever-expanding possibilities and provide additional unique and custom sponsorship opportunities and empower attendees and participants to embrace the