What are #stablecoins | Create stablecoin as $USDT | Stablecoins explained

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#cryptocrash | #terra | #crypto | #luna | #ust | #DeFi | #NFT

📉Why $LUNA and $UST crash?

The debacle started when Terra’s algorithmic-based Stablecoins #TerraUSD, pegged against the dollar, started falling.

#Crypto exchange @binance temporarily stopped the withdrawal of #UST and #LUNA.

It leads to a cascading effect on the prices.

📢 We are excited to announce that we have officially engaged @QuillAudits to #Audit our smart contract code.

we are getting closer and closer to Launch.

$CPAD #CRONOSPAD #Audit #Cro

🚨Last week in #Web3 security-

⚠️@opensea - NFT marketplace on @Ethereum network, suffered a @Discord hack.

⚠️DEX @MMFcrypto Suffers $2M Exploit.

⚠️@feiprotocol on @RariCapital exploited for $80M.

👉https://quillaudits.substack.com/p/openseas-official-discord-compromised?s=w

#Newsletter | #crypto | #hack | #cybersecurity

When it comes to NFT hacks in 2022, Sports #NFT platform @Lympo_io suffered the worst loss when it experienced a hot wallet #security breach and lost #tokens worth $18.7M in Jan'22.

Here’s how these #hacks are helping the #crypto industry evolve: https://blog.quillhash.com/2021/11/19/role-of-rising-nft-defi-hacks-in-the-evolution-of-crypto-industry/

#DeFi

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