Crema: $8.78M stolen in hack of DeFi protocol startup Crema Finance

Decentralized finance protocol startup Crema Finance has quickly suspended companies after a hacker stole $8.78 million in cryptocurrency from the corporate. Crema provides a concentrated liquidity protocol or CLMM that gives companies for merchants and crypto liquidity suppliers. Liquidity protocol suppliers provide an answer to illiquid markets by providing rewards to liquidity suppliers to swap [...]