DeFi

$10.8M Stolen, Developers Implicated in Alleged Smart Contract 'Rug Pull'
Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors.

1inch Raises $12M to Keep Up With DeFi's Growing Crop of DEX Aggregators
Decentralized exchange (DEX) aggregator 1inch has closed a $12 million funding round led by Pantera Capital.

Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger
Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself.

'Basis Cash' Launch Brings Defunct Stablecoin Into the DeFi Era
With Basis Cash, a team of anonymous developers is making what might be called a fork of a project that never launched.

Yearn Merges With Cover, DeFi Protocol's 4th Deal in a Week
Yearn is "joining forces" with market coverage provider Cover, capping a busy week in DeFi.

Crypto Custodian Copper Aims to Bridge Gap Between DeFi and Traditional Finance With New Tool
The new tool, CopperConnect, covers the "DeFi lifecycle" as an asset moves from custody to smart contract and back.

Yearning for Pickle? Two DeFi Protocols Merge
Pickle Finance was recently hit by an exploit in which $19.7 million in DAI was lost.

DeFi Protocol Pickle Finance Token Loses Almost Half Its Value After $19.7M Hack
Popular decentralized finance protocol Pickle Finance was hacked on Saturday, draining $19.7 million in DAI.

Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B
Bitcoin is testing $19,000 as DeFi hits another milestone in total crypto locked.

Market Wrap: Bitcoin Hangs Around $18K While Ether Locked in DeFi Declines
Bitcoin’s price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi.

