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🚀Largest Hack In DeFi History?
| Wednesday is here, Geckos! Poly Network, a cross-chain protocol, was hacked and lost at least $600 million in what could be the most significant cyberattack in DeFi history.
According to data from the respective networks, the hackers took around $273 million from Ethereum (ETH), $85 million in USD Coin (USDC) from the Polygon network (MATIC), and $253 million from the Binance Smart Chain.
The hacker left at least three strange remarks on Ethereum transaction records, including "It would have been a billion hack if I had moved remaining shitcoins!"
In today's news, Jamaica issued central bank digital currencies, Helium raised $111M, and DraftKings launched NFT marketplace with Tom Brady's NFT.
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Looking for something astounding? Introducing this one of a kind by Reva, the GemGecko Legendary. The Gecko spins and splashes rainbows, acting as a reminder to focus on the positives around us. The 24 hour auction will begin at 8AM EST on 19th August. See you there! | | Jamaica Mints CBDC After a three-month delay, the Bank of Jamaica has finally issued the island's first batch of central bank digital currencies (CBDC) on Monday.
As part of the CBDC pilot programme, a total of J$230 million, or approximately US$1.5 million, will be distributed to deposit-taking institutions and authorized payment service providers.
The project is seen as a chance to accelerate the country's transition to a digital society and aid Jamaica's economic recovery following the Covid-19 pandemic.
Coindesk | | Helium Raised $111M Helium Network (HNT), a decentralized wireless infrastructure provider, has closed a $111 million token sale backed by some of the industry's most prominent venture capital companies.
Andreessen Horowitz, Alameda Research, Multicoin Capital, and Ribbit Capital were among the venture capital firms that participated in the sale of Helium's native token, or HNT.
Ali Yahya, the general partner at Andreessen Horowitz, believes that protocols like Helium will "challenge centralized incumbents" and compete with telecommunication giants. Cointelegraph | | Brady in an NFT DraftKings, a fantasy sports and sports betting company, announced its new NFT marketplace today, ahead of the platform's first drops this week, which will feature Tampa Bay Buccaneers quarterback Tom Brady.
Brady will be the subject of two separate drops this week, on August 11 and 13, each of which will feature Brady NFTs with the athlete's digital signature.
Following Brady, the next drop will focus on retired NHL icon Wayne Gretzky, golfer Tiger Woods, tennis ace Naomi Osaka, skateboarding pioneer Tony Hawk, and Derek Jeter. Decrypt |
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Today marks the alpha launch of the REVV Racing blockchain game and the start of the Alpha Inaugural racing competition!
Be among the first to play this all-new racing game and try to get the fastest times to win a share of US$150,000! First place gets US$12,000, second place US$9000, third place US$4500 and so on with a total of 1,000 prizes.
Get your REVV racing car NFT and play now at revvracing.com!
| | | Circulating Supply
Circulating supply can be defined as the supply that is currently in the hands of the general public. In the case of fairly mined proof-of-work systems (eg. Bitcoin), the total supply is approximately equivalent to the circulating supply, as there are no token generation events which puts large amounts of tokens in the hands of a select few.
On the contrary, initial coin offering (ICO) which have token generation events typically have a lower circulating supply vs. the total supply, such that: Circulating supply = Total Supply - Team tokens - Foundation tokens - Locked tokens Learn about other Crypto terms here | | | | | |
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Check out other NFTs on CoinGecko ___________________________________________________________________
Submit your favorite NFTs here for a chance to be featured as our NFT of the Day! ____________________________________________________________________________________ |
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