DeFi
Hackers Moved Funds Tied to $100M Harmony Exploit Over the Weekend: Report
Pseudonymous blockchain sleuth ZachXBT said a part of the funds tied to last year’s $100 million Harmony network attack worth $63.5 million (~41,000 ETH) was moved over the weekend. North Korea’s Lazarus Group was likely behind the hack, according to an analysis by blockchain research firm Elliptic. "The Hash" panel discusses the latest in the world of crypto crime and private DeFi.
DeFi Protocol Frontier Brings In-Browser Wallet Support for Aptos, Sui and 33 Additional Blockchains
The feature allows users to stake tokens, transfer NFTs and conduct transactions with an in-browser wallet application.
North Korean Hacking Group Tied to $100M Harmony Hack Moves 41,000 Ether Over Weekend
Crypto exchange Huobi blocked funds tied to hack on Monday morning.
Bernstein Expects Crypto Revenue to Jump to Around $400B by 2033
The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.
Justice Department Probing Saber Labs Founders Over Solana-Based Projects: Sources
The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities to build an ecosystem of interlocking financial products around Saber.
Cosmos-Based DeFi Protocol Quasar Raises $5.4M
Venture capital firm Shima Capital led the round at a $70 million valuation.
DeFi Protocol Ondo Finance Sets Up Tokenized Corporate Bonds With Over 8% Yield on Stablecoins
The on-chain funds are directly invested in exchange-traded funds managed by BlackRock and Pimco.
Is 'White Hat' Hacking Good For DeFi Protocols?
Pacific Street Managing Director Gareth Rhodes weighs in on whether hacks are beneficial to DeFi protocols, following the arrest of Mango Markets exploiter Avraham Eisenberg. "If they don't manage to find the weaknesses, North Korea will," he said.
DCG Concerns Linger Amid Crypto Winter
Digital Currency Group (DCG) faces an investigation by the U.S. Department of Justice and SEC on the transfer of funds between DCG and its Genesis unit, according to a report from Bloomberg. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes weighs in. Plus, he discusses his opinion piece titled, "The Impact of Avraham Eisenberg’s Case on the Future of Crypto," focusing on whether "white hat" hacking could benefit DeFi protocols.
DeFi Protocol Yearn Finance Will Let Anyone Create Curve Reward Farms
Yearn was among the first yield aggregators in the now-mature decentralized-finance ecosystem.
