Blast-based Pac Finance unexpectedly liquidates users for $26 million

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you […]
Munchables recovers $62.5 million in user funds after exploit linked to North Korean hacker

[ad_1] Munchables, a web3 game operating on the Ethereum layer-2 network Blast, has successfully recovered the $62.5 million it recently lost to an exploit. The platform disclosed that the attacker voluntarily provided all relevant private keys to facilitate the return of user funds. The keys holding the $62.5 million worth of ETH, 73 WETH, and […]
Blast network TVL plummets 65% losing $2 billion in 24 hours post-mainnet launch

[ad_1] Crypto investors have swiftly removed their assets on the Ethereum-based layer two blockchain Blast following its Feb. 29 mainnet launch. According to DefiLama and Flipside data, the total value of assets locked (TVL) on the network plummeted by over 65% in the past day, dropping to $745.47 million from a peak of $2.27 billion. […]