Arcadia Finance users reimbursed by DeFi hack insurance
Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Crypto Hacks: Three Projects Hacked in One Day as Losses Hit Over $11M
Three crypto projects were attacked on September 24, suffering combined losses of more than $11M. Attackers drained around $1.8M f...
Washington has $114 billion reasons to want Tether around
Not that long ago, Washington fined Tether for misleading people about the dollars behind its tokens. Today, the company's insatia...
Kalshi must lock out state users after major court loss
The Sixth Circuit ruled Sept. 25 that Ohio and Tennessee can apply their gambling laws to Kalshi's sports contracts. The court rej...
EU faces September 30 clock to decide future of DeFi loans
The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers...
EU Banking Regulator Urges Crypto Lending Rules, Floats Leverage Caps and DeFi Certification
The European Banking Authority (EBA) recommended on Sept. 24 that the European Commission consider regulating crypto borrowing and...
Jupiter Exchange COO says DeFi needs 5-10x improvement, not incremental tweaks, to attract real capital
DeFi must significantly outperform traditional finance to attract institutional capital, potentially reshaping financial systems a...