DeFi


Markets

Who Insures the Insurer? Cover Protocol Attack Exposes DeFi’s Promise and Peril

DeFi insurer Cover Protocol, designed to reduce smart-contract failure risks, was exploited by a bug in its smart contract on Monday morning.

Voatz white-hat security research

Tech

Cover Protocol May Launch New Token Following Attack

Cover Protocol announced it’s exploring launching a new COVER token after its current one was abused in a minting attack by a “white hat” hacker on Monday morning.

hack, hacker, hoodie

Markets

Cover Protocol Attack Perpetrated by 'White Hat,' Funds Returned, Hacker Claims

The exploiter has cashed out over $4 million including about 1,400 ether, one million DAI and 90 WBTC.

hacker

Markets

DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap

The token, named 1INCH and running on Ethereum, will be distributed to all wallets that have previously interacted with the platform.

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Finance

Here Comes the Open Lending Era

Open lending grew from a fringe use-case to a burgeoning engine powering the next phase of the digital economy, says the CIO of Bicameral Ventures.

alex mcdougall

Markets

Camila Russo on Building The Defiant and the Future of DeFi

The Defiant is required reading about DeFi these days. How did "one more Bloomberg journalist" become a successful media entrepreneur and influencer?

Cami Russo

Finance

Polkadot-Based DeFi Insurance App Raises $1.95M Led by KR1

Tidal will use the Polkadot blockchain to allow users to insure a set of DeFi applications against smart-contract failure or breaches.

Tide pools, seen from above

Markets

Market Wrap: Bitcoin Dumps to $21.9K; ETH 2.0 Affected Ether Locked in DeFi

Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.

CoinDesk 20 Bitcoin Price Index

Tech

Uniswap Is the Number One Gas Guzzler on Ethereum

Decentralized exchange Uniswap burns through more gas than any other application on Ethereum.

Large powerful off-road truck.

Markets

Decentralized Stock Trading Launching on DeFi Platform Injective Protocol

The tokenized stock offerings initially include Airbnb, Amazon and Google.

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