Ethereum Staking Withdrawals Experience Sluggish Movement After a Massive Exodus of 1M ETH

Ethereum Staking Withdrawals Experience Sluggish Movement After a Massive Exodus of 1M ETH

According to data from Token Unlocks, there has been a significant withdrawal of approximately one million ETH following the Shapella upgrade on April 12. However, the deposit of 370,000 ETH during the same period means that the staking balance has not seen a decline of one million.  Token Unlocks has calculated that the present staking…

Read More
Terraport Finance DeFi Exchange Hacked, Losing $2M Worth of Digital Assets

Terraport Finance DeFi Exchange Hacked, Losing $2M Worth of Digital Assets

The decentralized finance (DeFi) exchange project Terraport Finance announced a security breach on its liquidity wallet on April 10. The hacker reportedly drained all liquidity pools from the platform, causing losses of approximately $2 million worth of digital assets.  Terraport is currently working with community members and major exchanges to secure as many of the…

Read More