Market Bullish ๐+ Good News
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As I told in Earlier Post market gonna bullish ๐๐๐๐ and it's happening
๐ผ Finally, Bitcoin moved from 30k to 31k for the first time in 2 weeks.
โถ๏ธ In the past 24 hours, 82,989 traders were liquidated, the total liquidations come in at $253.31 million.
๐จ $90 million Defi exploit on Terra went unnoticed for seven months
โพDeFi application Mirror Protocol faces a $90 million exploit on the old Terra blockchain and it went completely unnoticed for seven months.
โพThe hack happened due to a buggy code that allows users to withdraw funds without any authorization. โพAn unknown entity took advantage of it by using a list of duplicate IDs to repeatedly unlock hundreds of times more collateral than they had.
โก๏ธGood News
โก๏ธ ๐ฅ Singapore launches a digital-asset initiative "Project Guardian"
โพ๏ธSingapore started a project to investigate potential uses of asset tokenization as the city-state looks to establish itself as a hub for decentralized finance after several key crypto players left.
โพ๏ธThe project named, "Project Guardian" is launched by the collaborative efforts of The Monetary Authority of Singapore (MAS) and the finance industry. โพ๏ธThis project will test the feasibility of applications in asset tokenization and decentralized finance (DeFi) while working to manage risks to financial stability and integrity.
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