DeFi
Tornado Cash’s TORN Token Rises After Attacker Proposes to Undo Attack
The Tornado Cash token (TORN) rose after a proposal submitted by a wallet address linked to a recent attack on the decentralized autonomous organization’s (DAO) governance state looks to reverse the malicious changes. "The Hash" panel discusses the outlook for the governance of Tornado Cash's DAO in the latest DeFi exploit making waves in the crypto space.
DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June
Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
Vega Token Rallies Ahead of Protocol Possibly Going Live Monday
The platform is awaiting an expected approval from the community, said Vega’s co-founder.
Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June
The upgrade would bring enhancements to sidechains and bug fixes.
DeFi Must Get Easier to Use to Win Over Retail Customers: Uniswap Survey
The many pains of using decentralized finance (DeFi) protocols may be stopping occasional crypto users from experimenting with on-chain services, according to a survey conducted by Uniswap Labs. "The Hash" panel discusses the findings and the potential hurdles ahead on the path to mainstream DeFi adoption.
MakerDAO Founder on Future of DAI Stablecoin, Governance Token
Decentralized finance (DeFi) lending platform MakerDAO’s founder, Rune Christensen, laid out plans to introduce a new stablecoin and governance token as part of the platform’s on-going revamp, according to a proposal posted on Maker’s governance forum last week. MakerDAO Founder Rune Christensen joins "First Mover" to share insights into "Endgame" and what he hopes to achieve.
Lido Community Members Propose LDO Token Staking and Buyback Plan
The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”
DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey Finds
Many respondents said they are put off by the complexity and cost of on-chain trading.
Galaxy Digital Exec Addresses On-Chain OTC Options Trading
Galaxy Digital is leveraging the benefits of DeFi infrastructure to offer over-the-counter option trades settled entirely on-chain. Galaxy Digital global head of trading Jason Urban discusses the latest announcement and how the move could offer a solution to privacy and credit risks. Plus, insights on Galaxy Digital's latest earnings results.
