incentivizing

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

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Time Stamp: July 29, 2024 11:49 AM - Modified On: July 29, 2024 - Published By:
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Republished By Plato

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

BANTgo and Verofax Team Up to Revolutionize E-waste Collection Through Tokenized Rewards

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Time Stamp: October 24, 2023 7:04 AM - Modified On: October 24, 2023 - Published By:
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Republished By Plato

DUBAI, Oct 24, 2023 - (ACN Newswire) - In an ambitious stride towards environmental sustainability, BANTgo and Verofax have announced a pioneering collaboration to enhance e-waste collection. The groundbreaking partnership seeks to galvanize the masses into responsible recycling by rewarding their endeavors with tokenized incentives. Verofax, was awarded the GITEX Supernova Web3 and Blockchain award, introduces its innovative technology to this eco-initiative. The venture encompasses the deployment of advanced smart bins explicitly designed for e-waste collection. These bins are equipped with a validation system to ensure accurate assessment of the