Join Our 500,000+ 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, itβs important to mitigate investment risk whenever possible by always doing the due diligence around auditing and security.
Harsharn Singh
Investment Associate | Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!Β
Enjoying Ember?
June 27, 2022
Happy Monday, everyone! In this edition of Ember Nuggets, we'll be covering the fallout of CeFi crypto platforms, a quick look into Web3 cell phones, and a macro market update.
June 24, 2022
Thank you to everyone who has participated in the third season of the mining program! The Ember team is proud to announce the start of Mining Season 4!
June 22, 2022
Welcome to the May recap! It's been a wild month in the space, but we remain bullish on the long-term outlook.