Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist

On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain Bridge Exploited for $190 Million Cross-chain bridges in the world of decentralized finance (defi) just can’t catch a break no matter how long they have been running and even after the bridges have been audited. On August 1, 2022, the cross-chain bridge Nomad…

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Asian Algorithmic Trading Company Amber Group Reaches Unicorn Status – Bitcoin News

[ad_1] Amber Group, a Hong Kong-based cryptocurrency trading company, has attained “unicorn” status. The company managed to raise $100 million in its Series B funding round. With the new influx, the company is now valued at one billion dollars, making it a unicorn. Amber Group’s strategy is said to make them market neutral, allowing customers to garner gains in bullish or bearish markets. Amber Group Reaches Unicorn Status Amber Group, an algorithmic trading company, reached unicorn status in its latest funding round. The company, formed by former Morgan…

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