In Guangdong province, China’s authorities have arrested a person who manipulated the process of identity verification to claim StarkNet (STRK) airdrop rewards illegally. The suspect, Lan Mou, employed false identities to enroll in StarkNet’s Early Community Member Program (ECMP) more than forty times and illegally collected over 40,000 STRK tokens, according to a local report.
DeFi vaults are the next frontier of automated asset managementDecentralized Finance (DeFi) vaults are emerging as a lucrative asset management tool for investors looking to maximize crypto market opportunities. This DeFi niche became popular in the summer of 2020 when some pioneer protocols, including Yearn Finance, MakerDAO, and Compound, debuted automated yield-bearing products. Technically, most …
dYdX price plunged by 30%, triggering a system deleveraging event. Chaos spread to Yearn Finance, causing a dramatic 30% price drop in YFI. Continue Reading: Crypto Market Retreat: dYdX Faces Dual Decline Amid ETF Concerns