Decentralized finance (DeFi) protocol Warp Finance has said it recovered $5.85 million, equal to about 75%, of the $7.76 million in stablecoins it lost last week in a flash loan attack.

Square’s Cash App has started allowing customers to receive bitcoin cashback on every transaction, expanding its previous option of allowing clients to get USD back on their transactions.

The personal information of over 270,000 Ledger customers has reportedly been leaked onto a hacking marketplace where users buy, sell, and share hacked information.

Top stories in the Crypto Roundup today:

• Warp Finance Says It Recovered 75% of $7.76 Million Lost in Exploit
• Square To Start Rewarding Customers with Bitcoin Cashback
• Personal Information of Over 270,000 Ledger Customers Reportedly Leaked
• DOGE, CHZ, BTS Are Moving in the Crypto Market

Warp Finance Says It Recovered 75% of $7.76 Million Taken in Exploit

Decentralized finance (DeFi) protocol Warp Finance has said it recovered $5.85 million, equal to about 75%, of the $7.76 million in stablecoins it lost last week in a flash loan attack.

In a Medium post, the team behind the protocol wrote:

"The loan collateral has since been secured by the warp finance team and will allow us to return approximately 75% of users' deposited funds."

The recovered funds are set to be distributed to affected users, in amounts proportional to the amount of stablecoins held at the time of the attack. The firm said it will be issuing portal IOU tokens to affected users, potentially allowing them to report a profit above what they had before being affected by the attack.

The exploit reportedly involved multiple flash loans via dYdX, and multiple swaps using decentralized exchange Uniswap, making it rather complex.

Square To Start Rewarding Customers with Bitcoin Cashback

Square’s Cash App has started allowing customers to receive bitcoin cashback on every transaction, expanding its previous option of allowing clients to get USD back on their transactions.

In November, the firm’s Q3 earnings report revealed the Cash App generated $1.63 billion worth of bitcoin revenue, up 11 times from the same period last year. The move is another sign of growing mainstream adoption of bitcoin and cryptocurrencies.

The move likely also came to stay ahead of rival PayPal, which earlier this year revealed an option to let users buy, sell, and hold BTC, BCH, ETH, and LTC on their platform.

Square’s bitcoin-back offering is the latest in the space, after crypto lending firm BlockFi announced a partnership with Visa to launch a bitcoin cashback credit card early next year.

Personal Information of Over 270,000 Ledger Customers Reportedly Leaked

The personal information of over 270,000 Ledger customers has reportedly been leaked onto a hacking marketplace where users buy, sell, and share hacked information.

According to The Block, the data was leaked in a database that contains emails, physical addresses, and the phone numbers of Ledger hardware wallet buyers. The leak reportedly comes after the firm suffered a breach in June, in which the emails of over 1 million customers were stolen.

Back in June, Ledger noted that 9,500 customers had their personal information breached, but the database dump shows the extent of the leak was far larger. A Ledger spokesperson said the firm anticipated the leak could have been larger than found in its review of the incident.

In a tweet, Ledger added that “early signs” show the database is from its June hack

CHZ, DOGE, BTS Are Moving in the Crypto Market

Several tokens are leading the charge in the last 24-hour period. Some of these are well-known cryptocurrencies with rather liquid trading pairs, so we’ll be focusing on these over low-cap cryptos that may have higher percentage changes.

Dogecoin (DOGE) – Dogecoin is a bitcoin clone created as a meme. The cryptocurrency's community sponsored multiple high-profile events and participate in various philanthropic projects over the years. DOGE is up 28.18% after Elon Musk tweeted about it.

Chiliz (CHZ) - Chiliz is a fintech platform for tokenizing sports teams. Its currency and blockchain technology power products for casual, mainstream consumers. The CHZ token is available across two blockchains as a BEP-2 and ERC20 token. It’s up 16.41% in the last 24-hour period.

BitShares (BTS) – BitShares is a brand of open-source software based on blockchain technology. BitShares can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders. The BTS token is up 6.9% in the last 24 hours.

State of the Crypto by Top Tier Exchange Volume

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