CFTC sues decentralized autonomous organization and its token holders
The U.S. regulator settled with bZx founders for $250,000 for illegal margined and leveraged commodity transactions, while also suing the Ooki DAO and its token holders.
The U.S. regulator settled with bZx founders for $250,000 for illegal margined and leveraged commodity transactions, while also suing the Ooki DAO and its token holders.
The attacker who exploited bZx for $8.1 million on September 13th has been indentified and has returned the money that they exploited the platform for.
The DeFi lending/borrowing platform bZx was exploited for $8.1 million on September 13th, 2020. This is the third time this year that bZx has been exploited
bZx suffered two hacks last month with the hackers making off with $1M. The platform has pledged to compensate the users and implement new security measures.
An anonymous market manipulator instigated a sophisticated arbitrage attack against the bZx decentralized finance lending protocol.