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Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

Welcome back to Chain Reaction. As if the pessimism around crypto weren’t enough, the industry is facing yet another quarter of hackers.

United statesSouth koreaCh ungch ong namdoKara calvertJack luBoston consulting groupTerraform lab do kwonCrypto summitAccel indiaQuona capitalElevation capitalJump cryptoChain reactionMagic edenBoston consultingApple podcasts

Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

The report, by web3 “super app” and antivirus solution De.Fi and data from REKT database, detailed that so far this year, the industry had recovered about $183 million, or nearly 28% of the $666.5 million lost to scams and hacks.

South koreaCh ungch ong namdoUnited statesJack luKara calvertTerraform lab do kwonBoston consulting groupCrypto summitAccel indiaQuona capitalElevation capitalJump cryptoChain reactionMagic edenBoston consultingApple podcasts

Say goodbye to Q2 and the crypto hacks, scams and rug pulls that came with it

According to a new report, only $4.9M was recovered of the $204.3M the crypto industry lost to hacks, scams and rug pulls in Q2.

United statesCh ungch ong namdoSouth koreaJack luKara calvertBoston consulting groupTerraform lab do kwonCrypto summitAccel indiaQuona capitalElevation capitalJump cryptoChain reactionMagic edenBoston consultingApple podcasts

Crypto startup Pillow, backed by Accel and Quona, to discontinue all services

Singapore-headquartered Pillow plans to discontinue all its services and app in the coming weeks, it warned customers Friday, citing regulatory.

Brian armstrongSingapore headquartered pillowAccel indiaQuona capitalElevation capitalJump cryptoSouth asianReserve bankUsinessghana com

Crypto startup Pillow, backed by Accel and Quona, to discontinue all services

Pillow plans to discontinue its services, citing the regulatory uncertainty that has claimed countless other crypto startups.

Arnav guptaBrian armstrongSingapore headquartered pillowAccel indiaQuona capitalElevation capitalJump cryptoSouth asianReserve bank

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