Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to 2M in Q2: Immunefi Report

Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report

by Jeremy

June 27: Rebar Labs, constructing “MEV-aware infrastructure, merchandise and analysis” for Bitcoin, has raised $2.9 million in seed funding, in accordance with the group: “Led by sixth Man Ventures, with participation from ParaFi Capital, Arca, Moonrock Capital and UTXO Administration, the corporate goals to deal with MEV challenges in Bitcoin’s increasing ecosystem. As new protocols like BRC-20s, Runes, L2s and rollups emerge, MEV methods just like early Ethereum DeFi are showing on Bitcoin. Rebar Labs is creating options to make sure honest worth distribution, allow environment friendly markets and enhance person and miner experiences within the Bitcoin ecosystem.”

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