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Milana Korofetova
Milana Korofetova

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Weekend Recap: Hacker Attack on OpenLeverage, WhiteBIT at Paris Blockchain Week Summit, and More

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Recent events in the crypto industry have left some feeling less amused on April Fool’s Day.

OpenLeverage, a decentralized margin trading platform, fell victim to hackers who stole approximately $230,000 in assets. The attack, detected by Cyvers Alerts, involved the use of Tornado Cash, a cryptocurrency exchange protocol. PeckShield estimated the total loss at $236,000. OpenLeverage has suspended operations and is investigating the incident, reassuring users that insurance and buyback funds will cover the losses. They confirmed the loss of $220,000 on BNB Chain and $40,000 on Arbitrium, promising to return users’ funds but temporarily closing their services until early next week.

The OpenLeverage team announced the discontinuation of their trading and lending protocol due to a hacker attack, offering a reward for the return of stolen funds.

Elon Musk's April Fool's Day tweet about joining Disney as Chief DEI Officer sparked reactions from the crypto community.

WhiteBIT partnered with major blockchain events - Paris Blockchain Week Summit, which will take place on April 9-11, 2024 in the Louvre, Paris, and TOKEN2049 Dubai, scheduled for April 18-19 in Dubai, UAE, while Anatoly Yakovenko released a white paper for a new low-bandwidth blockchain protocol called BunkerCoin.

Unfortunately, Solareum, a Telegram trading bot, shut down permanently due to security breaches and financial constraints.

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