Decentralized Finance
Cryptocurrency Market Maker Wintermute Lost $160M in Hack
Cryptocurrency market maker Wintermute lost $160 million in a hack relating to its decentralized finance (DeFi) operation, but the company’s lending and OTC operations have not been affected. “The Hash” panel breaks down the details.
In Crypto, Base Layer Security Isn’t Enough
Blockchains are only as secure as the applications they run.
As Government Takes on the Tornado Mixer, It May Reap a Whirlwind
Tornado Cash isn’t a company, a service or a person – it’s a series of words, and likely protected by the U.S. First Amendment.
Former Terra-Affiliated Project Kujira to Issue Stablecoin
The USK token is set to maintain its price peg by combining overcollateralization of ATOM tokens with trading incentives.
DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits
As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash.
Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu
Offering UNI sent the token higher Thursday afternoon.
Cell Protocol Wants to 'Democratize' Liquidity in DeFi
The team, finalists during Web 3 Pitch Fest, wants to expand the network "horizontally and vertically" across exchanges and blockchains.
DeFi 'Casino' May Need New Global Regulator, German Central Banker Says
Joachim Wuermeling called for immediate discussions on how to treat DeFi as the Financial Stability Board prepares a rule book for the crypto sector.
DeFi Ledgers Can Help Regulators Oversee Sector: BIS Official
A new Bank for International Settlements (BIS) working paper makes a case for “embedded supervision” that argues regulatory oversight can be built into seemingly untamable decentralized finance (DeFi) systems. “The Hash” team discusses the feasibility of such supervision and regulating open finance.
German Regulator Calls for New DeFi Laws
BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.
