Decentralized finance yield aggregating protocol Value DeFi has been hacked for $7.4 million worth of DAI in a flash loan attack that borrowed 80,000 ETH from the Aave protocol.
The Bitcoin Cash network has split into two new blockchains, as the community behind the cryptocurrency was divided into two: one side supporting Bitcoin Cash Abc (BCH ABC) and the other supporting Bitcoin Cash Node (BCHN).
Bank of England Deputy Governor Jon Cunliffe has dismissed the idea that the central bank has to protect commercial banks against the potential future impact of digital currencies.
Top stories in the Crypto Roundup today:
- Value DeFi Hacked For 7.4 Million DAI via Flash Loan
- Bitcoin Cash Blockchain Splits After Contentious Hard Fork
- Bank of England Official Dismisses Protecting Banks Against Digital Currencies
- ALPHA, WAVES, SRM Are Moving in the Crypto Market