DeFi
$1B Crypto Hack Fears Spur 20% GALA Plunge, but Firm Implies It Attacked Itself as a Safeguard
"All GALA tokens on Ethereum as well as the underlying bridge collateral are SAFE," an affiliated firm tweeted.
Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
Archblock, the underwriter of the loan, joins the court-advised liquidation process of crypto hedge fund Invictus' parent company in an attempt to recover losses for investors.
Aave Community Members Vote to Deploy on zkSync v2 Testnet
The decision will let developers evaluate whether to fully deploy its decentralized exchange on the layer 2 scaling platform that speeds up Ethereum transactions.
Stop Using the Word 'Platform', and Other DeFi Language Pet Peeves
When it comes to words demonstrating how DeFi is not TradFi, it’s "not how you say it, it’s what you say," writes Aave's general counsel, Rebecca Rettig.
Cross-Chain DEX Rubic Loses Over $1M in Funds After Hackers Gain Access to Private Keys
Developers suspect the attackers accessed the admin wallet's private keys using malicious software.
DeFi Protocol Solend Struck by $1.26M Oracle Exploit
The Stable, Coin98 and Kamino lending pools have all been disabled.
France, Switzerland, Singapore to Test DeFi in Forex Markets
The countries' central banks started Project Mariana because they think decentralization could be the future of finance.
Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others
The two new pilots will focus on using DeFi in trade finance and wealth management.
Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too
Project Guardian involved Ethereum scaling system Polygon, DeFi lending platform Aave and decentralized exchange Uniswap.
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
This is the second time in a month that a lender defaulted on an unsecured loan on the decentralized lending protocol.
