Skyward finance exploit allegedly results in $3M loss
The hacker appears to have drained the platform of 1.1 million NEAR tokens, worth approximately $3 million at time of publication.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The hacker appears to have drained the platform of 1.1 million NEAR tokens, worth approximately $3 million at time of publication.
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
Bitcoin ETF flows jumped by $137 million, but it only recouped a third of recent losses
Farside’s currently reported $137.3 million U.S. spot Bitcoin ETF inflow on Aug. 17 rested heavily on Fidelity, leaving the sessio...
Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research
Bitcoin Magazine Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research New data from Galaxy Research shows that $115 million...
Solana treasury firm cuts shares 700-for-1 but leaves room for nearly 100 billion more
Solana treasury company SOLAI Limited (formerly BIT Mining) said shareholders approved a capital reset that leaves it with 100 bil...
Jane Street Reveals Nearly $1B Bitcoin Position
Bitcoin Magazine Jane Street Reveals Nearly $1B Bitcoin Position Quantitative trading firm and liquidity provider Jane Street has...
Compound Foundation Names Coinbase And Anchorage Alumni To Run $52 Million Institutional Push
Compound Foundation named four executives recruited from Coinbase Custody, Anchorage Digital, the NEAR Foundation and Maple Financ...
SEC's New Crypto Rule Lets Tokens Raise $75 Million And Eventually Stop Being Securities
The SEC’s proposal makes it easier for crypto projects to raise money in the US and sets out a safe harbour under which a token ca...