DeFi

DeFi

Technologies

'Copycats' Stole $88M During Nomad Exploit by Copying Attacker's Code: Coinbase

Over 88% of the addresses involved in the $190 million Nomad attack likely belonged to users copying a code that was initially used by the exploiters.

Elliptic says RenBridge was used to launder $540 million in illicit funds. (Charlie Green/Unsplash)

Finance

Corn Farmers Hedge Their Crops With Futures. This Solana DEX Wants Vaildators to Follow Suit

Cypher, which launched a new service Wednesday, thinks the futures markets can help validators hedge their risks.

A frontend developer for Cypher at mtnDAO. (Danny Nelson/CoinDesk)

Guides

How Does MakerDAO Work? Understanding the 'Central Bank of Crypto'

The decentralized finance project is known for its overcollateralized stablecoin, DAI, as well as its decentralized governance.

(Unsplash)

Finance

Unstoppable Finance Raises $12.8M to Build DeFi Wallet

The round, which was led by Lightspeed Venture Partners, included participation from Rockaway Blockchain Fund and Fabric Ventures.

Unstoppable Finance has raised $12.8 million to develop its DeFi wallet. (analogicus/Pixabay)

Technologies

Over $600K Vanishes From DeFi Project Blur Finance; Developers Disappear

The project's Twitter feed and Discord channel have been deleted.

A man holds open an empty leather wallet. (Andrew Khoroshavin/Pixabay)

Finance

DeFi Protocol Curve.Finance Gets Hacked and $570K Is Stolen

The source of the hack has been “found and reverted,” according to the protocol. 

(vlastas/iStock/Getty Images Plus)

Finance

Data Provider DeFiLlama De-emphasizes Double-Counted Crypto Deposits After Saber Revelation

The website “toggled off” double-counting after CoinDesk uncovered one Solana developer’s effort to fool the all-important metric for popularity in DeFi.

Saber's chart on DeFiLlama (DeFiLlama)