Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined

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Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
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In this week's DeFi newsletter we will look at how the Rainbow bridge hacker's ploy was taken down within seconds, growing support for the forked Ethereum chain and more.

iFinex, the company responsible for Bitfinex Derivatives, announced on Tuesday the launch of a new service offering available to users before the highly-anticipated Ethereum Merge. The exchange now offers Ethereum Chain Split Tokens .

In a Tweet, crypto investor Ryan Adams argued that the developer did something good for the public with his code contributions, stating that “a few bad guys” decided to use Pertsev’s code and now the developer has to suffer the consequences.Cardano founder Charles Hoskinson has continued to refute claims that the Cardano’s testnet is “catastrophically broken,” implying the need to finally move forward with the long-delayed Vasil hard fork.

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