It's a multi-million dollar heist uh rattling crypto investors this week. A hacker stole over hund00 million from a DeFi a decentralized finance uh platform called Balancer. And joining us now, cyber security expert Chris Krebs. He served as the inaugural director of the US Department of Homeland Security, cyber security and infrastructure security agency.He also uh ran US cyber policy for Microsoft. So Chris, can you let's just get back to to what what what is balancer. It was I guess it used ether or some ...

SUI, the native token of the Sui blockchain, fell Tuesday after breaching critical support levels and triggering a wave of technical selling. The token dropped 9.2% to as low as $2.02 as trading volume spiked and recovery attempts repeatedly failed. The sell-off followed Monday's news of a $116 million exploit involving decentralized finance (DeFi) protocol Balancer, which has rattled sentiment across the industry. As security concerns mounted, investors appeared to unwind exposure to riskier layer-1 tok ...

On Nov. 3, Tom Lee-led Ethereum treasury firm Bitmine announced a new purchase of 82,353 ETH, expanding its total Ethereum holdings to 3.4 million ETH, valued at $14.2 billion. According to the company’s press release, the firm raised its cash reserves to $389 million, up from $305 million, while reemphasizing its target to acquire 5% of Ethereum’s circulating supply. Tom Lee stated the firm raised its ETH position by 82,353 ETH in the past week, reaching 2.8% of ETH supply in circulation. Following Bit ...