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Jump Crypto liquidates DeFi positions as financial woes stack up

Blockchain researchers are following evidence that suggests Jump liquidated DeFi positions and is sending proceeds to centralized exchanges.

Compound DAO asleep at the wheel as $25M governance ‘attack’ passes

In what has been branded a ‘governance attack,’ controversial Proposal 289 passed a Compound Finance DAO vote with a margin of 52% to 48%.

As well as admitting the error, the white hat requests that Rho Markets suggest what it’s going to do to prevent it from happening again.

DeFi darlings Dough Finance, Ethena, and Minterest were hit by major incidents last weekend proving again that the sector can be a minefield.

The technique, known as a ‘front-end’ attack is a relatively common vector for crypto hackers and has impacted multiple projects in the past.