executing

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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Republished By Plato

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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Republished By Plato

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

SMC Enters into Acquisition Agreement to Purchase 100% of the Assets of ChainTrade Ltd. Launches AI-Powered Research Platform.

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Time Stamp: June 7, 2024 9:06 AM - Modified On: June 7, 2024 - Published By:
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Boca Raton, FL - June 7, 2024 - SMC Entertainment, Inc. ("SMC" or the "Company") (OTC: SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, is excited to announce the launch of the Chaintrade AI powered research platform and that the Company has entered into an Acquisition Agreement to acquire 100% of the assets of ChainTrade Ltd.’s AI-powered Trading Platform (the “Platform”). The closing of the Acquisition is pending the completion of customary due diligence, which is expected to be

TCG World Proudly Announces Partnership With STYNGR & Downtown

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Time Stamp: April 10, 2024 1:39 PM - Modified On: April 10, 2024 - Published By:
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In partnership with STYNGR, XRP Ledger, and the iconic Downtown is set to launch music digital collectibles in Q2 2024 featuring artist exclusives, in-world activations, and more LOS ANGELES, April 10, 2024 – The virtual realm will soon pulse to the rhythm of music. TCG World, the fast-growing and immersive Web3 online open world metaverse, today announced a groundbreaking partnership with STYNGR, the premier music integration platform for the gaming ecosystem, and Downtown, one of the most dominant forces in the music industry. In a move set to revolutionize the

GMEX ZERO13 wins COP28 TechSprint and continues network expansion

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Time Stamp: December 6, 2023 5:55 AM - Modified On: December 6, 2023 - Published By:
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Technology solution selected as winner for blockchain technology British innovation in digital sustainable finance showcased and recognised at COP28 Universal Carbon Registry, Decarb.earth, Koat Intelligence Solutions and Plato Data Intelligence added LONDON, UAE, 6 December 2023 – ZERO13, the GMEX Group initiative providing a digital climate fintech platform-as-a-service, is delighted to announce the addition of four new participants to its Asset Settlement Network and its selection as the winner of the prestigious COP28 TechSprint for blockchain technology. The COP28 TechSprint, launched by the Central Bank of the United Arab Emirates

Experience the Future of Investment Banking with Finalis

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Time Stamp: January 4, 2023 8:38 AM - Modified On: January 5, 2023 - Published By:
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Finalis Marketplace™enables independent investment banks to source deal flow  in an easy-to-use, real-time technology-enabled platform SAN FRANCISCO and NEW YORK – Jan  4, 2023 – Finalis, a rapidly growing investment-banking-as-a-service platform for dealmakers, recently launched its state-of-the-art platform, Finalis Marketplace™. The platform allows investment bankers, placement agents and M&A advisors to offer, find and promote deal collaboration with other dealmakers in real-time without the risk of revealing their clients’ identity.  Finalis provides a unified white-labeled broker dealer platform that ensures a seamless experience for dealmakers. Sourcing, distributing, and executing deals