Protocol

Oyster Protocol Founder Receives Four-Year Sentence for Tax Evasion

Oyster Protocol Founder Receives Four-Year Sentence for Tax Evasion

Amir Bruno Elmaani, famously known in the cryptocurrency world as “Bruno Block” and the founder of the Oyster Protocol has been sentenced to four years in prison for tax offenses amounting to over $5.5 million. The United States Attorney for the Southern District of New York, Damian Williams, announced the verdict, highlighting the severity of …

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DeFi Protocol SafeMoon Still Running Despite Securities Violations

DeFi Protocol SafeMoon Still Running Despite Securities Violations

Source: SafeMoon Website Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more information, we will do our best to …

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DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here’s What Happened

DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here’s What Happened

Source: Adobe / Roman Samokhin Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million. In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited. Following the alert, Platypus Finance confirmed that there had been suspicious activities in …

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