DeFi

DeFi

Tech

FTX Accounts Drainer Swaps Millions in Stolen Crypto, Becomes 35th-Largest Ether Holder

The funds were converted to DAI stablecoins and bridged to the Ethereum network.

(Adam Levine/CoinDesk)

Finance

Solana DeFi Sees Almost $700M in Value Wiped Out on FTX Fallout

FTX founder Sam Bankman-Fried was a prominent backer of the network.

A Solana Hacker House in Miami. (Danny Nelson/CoinDesk)

Finance

Crypto Lender BlockFi Updates Users on Platform, FTX Exposure

The company denied rumors that a majority of its assets are custodied at collapsed crypto exchange FTX.

Zac Prince, CEO de BlockFi, en Consensus 2019. (CoinDesk)

Opinion

FTX Showed the Problems of Centralized Finance, and Proved the Need for DeFi

The meltdown of Sam Bankman-Fried's crypto trading empire could not, and would not, have happened to a decentralized and transparent protocol.

Former FTX CEO Sam Bankman-Fried in the Bahamas (Danny Nelson/CoinDesk)

Tech

DeFi Exchange Platform dYdX Places Solana in 'Close Only' Mode

The move comes after Solana has plummeted 40% in 24 hours due to its link with the beleaguered Sam Bankman-Fried empire.

(Shutterstock)

Markets

Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools

Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

Several crypto investment firms drained almost all of their available credit from their credit pools on Clearpool. (Clearpool)

Finance

Wintermute-Backed DEX Bebop Launches on Polygon

Bebop, which is incubated by crypto market-maker Wintermute, first launched on the Ethereum blockchain this past June.

Evgeny Gaevoy, Wintermute CEO (Danny Nelson/CoinDesk)

Opinion

Money Crypto Versus Tech Crypto

How the two faces of the ecosystem impact the regulatory discussion.

(Pablo García Saldaña/Unsplash)

Finance

Communications Startup Dialect Issues Tech Specs for ‘Smarter Messaging’ in Crypto

"If we look at how standards get adopted, its a chaotic mix of right time right place," said CEO Chris Osborn.

Dialect has made it a lot easier to contact others. (Wikimedia Commons)

Markets

Temor a hackeo de US$1000M provoca desplome de 20% en GALA, pero la firma insinúa que se atacó a sí misma

“Todos los tokens de GALA en Ethereum y en los puentes están a salvo”, tuiteó una empresa afiliada.

GALA price crashes after exploit speculation. (TradingView)