DeFi
Derivatives Platform Deus Finance Exploited for $3M on Fantom Network
Hackers manipulated a pricing mechanism to trick the protocol in a “flash loan” attack that led to loss of user funds, the security firm said.
Ethereum Staking Protocol Swell Raises $3.75M as Locked ETH Tops $26B
Swell is attempting to make it easier to stake on Ethereum and eventually other blockchains.
OKCoin and Stacks Pledge $165M to Lead the Bitcoin ‘Renaissance’
Joining “All About Bitcoin” is OKCoin Head of Listings & Community Alex Chizhik and Stacks Accelerator Partner Kyle Ellicott to discuss the “Bitcoin Odyssey,” a $165 million pledge for developing new projects on the Stacks network, with hopes to expand the bitcoin ecosystem.
Crypto Firms May Look at Traditional Finance Firms as M&A Targets
We asked several industry participants if Wall Street incumbents might start making deals for crypto companies. Some predicted the opposite.
Fantom-Based Algo Protocol Fantasm Exploited for $2.6M
Some of the at-risk funds were recovered from the weeks-old protocol in the early hours of Thursday.
THORChain’s RUNE Surges 37% After DeFi Synthetic Assets Goes Live
THORChain’s Chaosnet supports swaps between several major cryptocurrencies using its RUNE token.
How Crypto Companies Must Mesh With Traditional Financial Services Platforms for DeFi to Succeed
Crypto companies looking to engage with traditional financial institutions must address risk management and compliance expectations stemming these institutions' regulatory obligations.
Chad DePue, Former Snapchat Director of Engineering, Moves to Uniswap Labs
The talent drain from Web 2 tech companies into crypto continues.
