135
0
Fundamental🏦 defi

$6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down (beincrypto.com) ↗

Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said the app will remain live until August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild Runway In a The post $6 Million Vault Exploit Forces DeFi Platform Summer.fi to W

63BeInCrypto2 days ago💬 0 commentsMedium63
136
0
Fundamental🏦 defi

$6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down (beincrypto.com) ↗

Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said the app will remain live until August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild Runway In a The post $6 Million Vault Exploit Forces DeFi Platform Summer.fi to W

63BeInCrypto2 days ago💬 0 commentsMedium63
137
0
Fundamental🏦 defi

$6 Million Vault Exploit Forces DeFi Platform Summer.fi to Wind Down (beincrypto.com) ↗

Summer.fi will wind down operations after a $6.04 million exploit hit its Lazy Summer Protocol on July 6, wiping out the capital the team needed to rebuild. The five-year-old Decentralized Finance (DeFi) platform said the app will remain live until August 31. Summer.fi Closes Doors as July 6 Exploit Wipes Out Rebuild Runway In a The post $6 Million Vault Exploit Forces DeFi Platform Summer.fi to W

63BeInCrypto2 days ago💬 0 commentsMedium63
147
0
Fundamental🏦 defi

Base creator Jesse Pollak steps back from leadership role after admitting social strategy was ‘definitively wrong’ (cryptobriefing.com) ↗

Pollak's pivot highlights the challenges of predicting crypto adoption trends, emphasizing the need for adaptability in blockchain strategies. The post Base creator Jesse Pollak steps back from leadership role after admitting social strategy was ‘definitively wrong’ appeared first on Crypto Briefing.

68Cryptobriefing2 days ago💬 0 commentsMedium68