On Thursday, Jump Crypto, a crypto venture capital firm that owns Certus One, the developer of the Wormhole token bridge, announced it had deposited 120 thousand Ether (ETH) into a Solana-Ethereum bridge that suffered a devastating exploit. The day prior, hackers fraudulently minted 120 thousand wrapped Ether (wETH) worth $321 million on the Solana (SOL) platform, then redeemed … [Read more...] about Jump Crypto replenishes funds from $320M Wormhole hack in largest-ever DeFi ‘bailout’
Bailout
13 Years On, the Meaning of ‘Chancellor on the Brink of Second Bailout for Banks’
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThirteen years ago today, Satoshi released the Bitcoin genesis block - block 0. Embedded in it was a quote, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” In today’s episode, NLW explores the meaning and historical context of the inclusion.Join the discussion: … [Read more...] about 13 Years On, the Meaning of ‘Chancellor on the Brink of Second Bailout for Banks’