Skyward Finance suffers $3 million exploit on Near Protocol

An unknown hacker siphoned $3 million from Skyward Finance, a launchpad project on Near Protocol.

Protocol Ventures, a crypto fund of funds that invested in the likes of Multicoin Capital, Pantera Capital and Electric Capital, is reportedly shutting up shop.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Skyward Finance suffers $3 million exploit on Near Protocol⬇ -12 Skyward Finance suffers $3 million exploit on Near Protocol $NEAR near protocol cryptocurrency
Read more »

Business and Finance News Videos - Yahoo FinanceAt Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Read more »

SKYWARD Token Dumps 95% as Hackers Drain Protocol's TreasuryThe protocol developers asked users to withdraw their funds as they are fully locked out of the contract and cannot prevent any future losses.
Read more »

Crypto Investor Protocol Ventures to Shutter and Return Cash: ReportProtocol Ventures, a San Fransisco-based fund that invests in crypto hedge funds, will close down in Q1 of 2023, according to reports. Reporting by oknightcrypt
Read more »