Patch for the Bug-Plagued Compound Contract to be Executed on Saturday
Decentralized finance (DeFi) protocol Compound Finance will see a patch for the bug in the vulnerable contract executed on Saturday.
Bancor Pauses Protection Mechanism Due to ‘Hostile Market Conditions’
The decentralized finance (DeFi) protocol Bancor (BNT) has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.”
MonoX Team Confirms Exploit, USD 30M+ Might Be Stolen
Around USD 31m seems to have been stolen from decentralized finance (DeFi) platform MonoX.
Decentralized Music Platform Audius Identifies Source of USD 6M Exploit, Says it Applied a...
Decentralized music platform Audius has identified the bug that had allowed a hacker to pass a malicious governance proposal and transfer tokens worth USD 6m, adding that they have applied a patch to regain control of the protocol.
Compound Contract Bug Keeps Infesting Before Fix Can be Implemented
Decentralized finance (DeFi) protocol Compound Finance faced more trouble as nearly USD 65m worth of COMP was dripped into the contract plagued by a bug.
DeFi Is Not a New Concept and Is Misnamed As Decentralized – SEC Chair
Contrary to a popular belief, decentralized finance (DeFi) is “not really a new concept,” and also a misnomer, as DeFi platforms have “a fair amount of centralization” that includes governance mechanisms, fee models, as well as incentive systems, according to Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC).
DeFi Kingdoms Surpassed Axie Infinity in Transactions in January
Play-to-earn game DeFi Kingdoms generated some USD 1.84bn in transactions in January 2022, more than tripling the value posted by rival game dapp Axie Infinity (AXS), according to a recent report released by and dapp information provider DappRadar.
7 DeFi Risks You Should be Aware of According to CoinShares
Risks are inherent to all financial sectors, and decentralized finance (DeFi) is no exception.
Staking Pool Lido to Expand to Ethereum L2s, New Proposal Seeks ‘Operating Runway’ for...
Lido Finance, a decentralized finance (DeFi) protocol and third-party staking pool operator for Ethereum (ETH) 2.0, aims to expand services across various Ethereum Layer 2 (L2) scaling solutions. Meanwhile, a new proposal seeks to secure around two years of "operating runway" for Lido DAO in stablecoins.
DeFi and Blockchain ‘Are Real’ – JPMorgan CEO
Wall Street investment bank JPMorgan is persuaded that decentralized finance (DeFi) and blockchain technology bring major growth potential, and is determined to remain “at the forefront of this innovation,” Jamie Dimon, the bank’s Chairman and CEO, wrote in his latest letter to the company's shareholders.
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Bitcoin and Ethereum Consolidate Losses, Recovery Could...
Bitcoin price declined heavily below the USD 19,500 support. BTC even settled below the USD 19,000 level. It is currently (11:20 UTC) consolidating losses above the USD 18,500 level.
‘Crypto for good’: This community doesn’t just...
This crypto project says it offers more exciting products than old-fashioned banks — and empowers individuals to take control of their financial future
Short Bitcoin Funds See Record Inflows
Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows.
Oregon Prepares Its American Indian Students For...
When states like Oregon put equity over quality, students suffer, no matter how little tuition they pay.
After 35 Years Of Marriage, We’re Still...
To be happily married after 35 years and still chase each other around the living room, this milestone is a proud accomplishment.