With a background in IT spanning Software Engineering, Business Analysis and Intelligence and Infrastructure Architecture, CryptoShark first found the Cryptocurrency space through mining Ethereum from a spare gaming computer and later developed the popular decentralized charting platform, ChartEx. Working in the FinTech industry, it wasn’t long before he started applying his analytical skills, coupled with a software engineering background to build tools to analyse trading data from emerging exchanges. This led CryptoShark to build ChartEx, a leading provider of full candlestick charting and other widely used trading tools for markets in the largest exchanges in the industry.
The Warp Finance exploit in question involved taking Dai and trading it in such a volume that it destabilized the price.
Built to maintain a 1:1 peg with the US dollar, the Fei protocol stablecoin, FEI, failed to do so over the first week or so of its existence. The Fei Protocol is backed by major VCs with the goal of creating a stablecoin that would buy assets with its token,…
Elon Musk had been no stranger to crypto and his recent investments in the space, from bitcoin to dogecoin, have fuelled mainstream interest.