Curve Crisis Reveals Cracks in Decentralized Risk Management
The $70 million hack on Curve, one of the largest decentralized crypto exchanges, revealed cracks in the DeFi promise. The hack set off a Rube Goldberg-esque series of events that pushed DeFi lending to its limits – threatening to send the price of a key DeFi asset into a downward “death spiral,” and raising critical questions about whether community-driven financial platforms are equipped to manage risk. "The Hash" panel weighs in.
DeFi's Total Value Locked Slumps to Lowest Level Since February 2021: Data
Data compiled by DefiLlama shows that the amount of money stashed in decentralized finance protocols has dwindled to the lowest level since February 2021. "The Hash" panel weighs in on the potential reasons behind the decline of total value locked (TVL) in DeFi.
DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters
The total value locked in DeFi protocols has slumped to the lowest level since February 2021 even as ETH, which underpins the market, has soared this year.
Wormhole Foundation EVP: We're Simply Here to 'Connect and Enable Web3'
Wormhole Foundation EVP and head of operations Dan Reecer discusses the Wormhole Foundation officially launching on Monday, their mission, and what it means for the broader crypto ecosystem. Plus, a closer look at DeFi's vulnerabilities and Wormhole's security measures.
Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
The service has been released in collaboration with researchers from the University of Toronto.
Ether Staking Demand Remains Unfazed as EigenLayer 100K ETH Cap Limit Filled Within Hours
Future cap increases will need to be approved by EigenLayer's multisignatory governance system.
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
“People are withdrawing fast,” said pseudonymous contributor Xeonus.
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
Mantle introduced a new governing body for treasury management earlier this month.
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.
