WebAug 8, 2024 · That temporarily inflated the total value locked (TVL) on Solana, as the network was racing toward its zenith last November. The DeFi faithful regard TVL as a barometer for on-chain activity. Full story : Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem. WebAug 6, 2024 · Here’s a look into how a Solana-based DeFi app inflated the total value locked through double-counted value. Complete details of how Ian Macalinao and his brother pulled off an entire suspicious DeFi ecosystem behind Cashio. During the bulls market of the 2024 summer, decentralized finance (DeFi) application Sunny launched on the Solana …
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
WebAug 5, 2024 · An investigation led by CoinDesk has revealed that two brothers — Ian Macalinao and Dylan Macalinao — used pseudonymous developer profiles to inflate the TVL on Solana by $7.5 billion. Sybil Attacks The news is a warning to those who may be skeptical of the feasibility of a real-world Sybil attack on the crypto ecosystem. […] WebAug 5, 2024 · Nimbus Platform Launched The First Ever Financial Derivative Product On The Blockchain In Its DeFi Platform The current total locked volume of DeFi on the entire network is US $89.2 billion, a… green aluminum apple watch 7
Crypto Developers Faked DeFi Ecosystem, Inflating Solana’s TVL
WebApr 10, 2024 · Sushi Head Chef Jaredy Grey and other members of the team advised users to immediately revoke RouteProcessor2 token permissions in their wallets. Sushi developer Matthew Lilley said on Sunday afternoon that exposure to the flawed contract had been removed and the DEX and its liquidity pools were safe to use again. WebWith decentralized accounts, developers can freely expand on top of existing protocols, customize interfaces, and integrate third-party apps. Because of this sort of adaptability, … WebApr 10, 2024 · Ilya is one of the many crypto traders who make money from Sybil attacks on token airdrops. In other words, they spin up multiple accounts on a blockchain project that is expected to airdrop its ... flower of evil kdrama rating