Nomad token bridge drained of $190M in funds in security exploit
Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in TVL in just a matter of hours.
Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in TVL in just a matter of hours.
Enforcers around the world are demonstrating their interest to the industry’s largest players.
The exchange said all AMP trading will be halted on Aug. 15, adding that it “may resume at some point in the future.”
A goodwill impairment from ErisX significantly hurt the company’s GAAP earnings, but otherwise, business results improved from last year.
MATIC’s market cap is 69% below its all-time high, and the network’s TVL and DApp data haven’t picked up recently.
BTC price action avoids a disappointing monthly close, but market players are demanding more proof of fundamental strength.
Bitcoin and most major altcoins have been rejected by resistance, hinting at a few more days of consolidation.
Blockchain technology has proven to be transparent and could make international trade transparent and even more secure.
The firm, whose data centers are located in the United States, generated $40 million in sales last year.
“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James.