Join Our 800,000+ Community
BadgerDao was exploited by hackers that infiltrated the front-end website where users deposit and transact. The exploit led to $120M in funds being lost by the protocol. Celsius, the mainstream app is estimated to have lost $50M in the hack. The hack shows the infancy of the current market and risks that many users may face.
Ember prides itself on sticking with blue-chip protocols that have been pressure tested and hold the largest TVL in the Ethereum ecosystem. Since nothing in crypto is 100% safe, it’s important to mitigate investment risk whenever possible by always doing the due diligence around auditing and security.
Investment Associate | Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
November 21, 2022
Welcome to the October 2022 Recap Newsletter! We hope everyone is safe & sound. Despite November being one of the wilder months in a while (given all the news), last month was a strong one for crypto.
November 16, 2022
The Ember team is proud to announce the launch of our latest investing feature: Recurring Deposits
November 15, 2022
With all the news around FTX, we felt it would be helpful to run through what non-custodial wallets are and why they’re important.