DeFi

Solana-Based Raydium Exchange Victim of 7-Figure Exploit
Currently, about $2 million of different cryptocurrencies are sitting in the attacker’s account.

DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.

Protocol Developer Archblock Aims to Bring US Community Banks to DeFi Through Partnership
Archblock and Adapt3r's joint effort highlights an accelerating trend in DeFi to cozy up with old-school banking.

The Next Step in the Evolution of Web3: Regenerative Finance
“ReFi,” coined by economist John Fullerton, is the process of using markets to fix the issues markets have created. Crypto, the freest market system yet, can help bootstrap efforts to regenerate the world economy.

Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023
Rather than centralizing the digital dollar, lawmakers should focus on exploring a decentralized identification program and develop financial literacy programs for the general public.

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana
The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.

The Year Crypto Yields Blew Up
Centralized interest-bearing accounts stayed artificially high after DeFi yields programmatically went dry. Crypto can be competitive with TradFi, but it needs to remain transparent and composable.

Citi Says Crypto Market Leverage, Open Interest Are Historically Low
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures.

Building Privacy Infrastructure in DeFi
Railgun DAO's Co-Founder and Head of Product and Engineering John Meurer Jr. brings to I.D.E.A.S. 2022 a presentation on the current issues around privacy in the Web 2 and Web3 space and the significance of building privacy infrastructure in DeFi.


