DeFi


Finance

DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit

Cork Protocol has paused all markets as a precaution.

Hacker working on two laptops (Azamat E/Unsplash)

Markets

Alpaca Finance, Once a DeFi Giant on BNB Chain, Will Shut Down

The leveraged yield farming pioneer cites falling revenue, failed M&A talks, and last month’s Binance delisting as reasons for shutting down after a four-year run.

alpaca (Unsplash)

Finance

Securitize’s Tokenized Credit Fund Set for Solana DeFi Debut as RWA Trend Expands

Kamino Finance and Steakhouse Financial are teaming up to bring Securitize's ACRED token to the fast-growing Solana DeFi ecosystem.

Statue of Apollo by Johann Baptist Hagenauer in Schönbrunn Palace Park, Germany

Finance

True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana

The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund and PayPal Ventures.

(Credit: iStockPhoto)

Tech

DEX Aggregator CoW Swap Targets 33% Trading Boost With Collaboration Feature, More Rewards

The new system will let solvers work together to offer traders the best swaps.

Cows

Tech

The Protocol: Lido Avoids Major Hack

Also: Bitcoin DeFi Blossoms, Fusaka Planning Begins, and Telegram Cracks Down on Crypto Crime Marketplace

warning light on road

Finance

Synthetix Considers Purchase of Options Platform Derive in $27M Token-Swap Deal

If approved, the uncommon token swap deal would reunite two previously split protocols as Synthetix expands its derivatives suite.

Two men shake hands, only their arms and hands are visible.

Finance

DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit

The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

Rune Christensen

Finance

Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg

Andrew Peel plans to start fundraising for the new venture soon, according to the story.

Morgan Stanley (Shutterstock)