Strike

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

Walking the Tightrope

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Time Stamp: November 15, 2023 5:02 AM - Modified On: November 15, 2023 - Published By:
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Republished By Plato

As we stand on the verge of a new era in crypto, it’s crucial to reaffirm the importance of decentralization. Beyond being a mere aspiration, decentralization serves as the lifeblood of the crypto world, standing as the pivotal force that draws the line between freedom and control. Amidst the hype surrounding the impending approval of a spot Bitcoin ETF in the United States, accompanied by the influx of capital from behemoths like BlackRock, the immediate market surge raises a serious question for the future of crypto. Are people here for

A Hero Shooter Citizen Conflict Bridges Web2 Gaming with Web3 Innovations

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Time Stamp: January 11, 2023 12:55 PM - Modified On: January 11, 2023 - Published By:
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Republished By Plato

A brand-new competitive hero shooter by QORPO Game Studio is set to democratize esports and bring back true ownership to the hands of players. Highlights Citizen Conflict is a Free2Play PvP hero shooter based on BNB Smart Chain  The story revolves around a futuristic cyberpunk-style environment built in Unreal Engine 5 The game aims at letting retail players organize tournaments and earn from non-centralized esports without endless hours of obsessive training The game introduces unique characters, power-starved syndicates, and multiple game modes QORPO Game Studio vision is to forge a