Arbitrum-based Jimbos Protocol was hacked for a little over 4000 Ethereum (ETH) — roughly $7.5 million — using a flash loan exploit on May 28. Blockchain analytics firm PeckShield first raised the alarm and alerted Jimbos and the community about the exploit. The protocol’s native token crashed by approximately 40% to $0.19 from $0.31 after […]
The post Jimbos Protocol reaches out to on-chain investigators for help after $7.5M hack appeared first on CryptoSlate.
The CFTC alleged that thw defendants failed to use customer funds for bitcoin trading and did not deliver on its other promises.
The streaming platform’s content lead said Web3 is still far from mainstream—and yields a unique opportunity.