DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year
The backing Aztec Network is open sourcing the bridge and moving on to next-generation products.
Crypto’s Latest Stablecoin, Called HOPE, Started by Ex-Babel Finance CEO Flex Yang
The token will serve as the native stablecoin for the new Hope ecosystem, which is focused on bringing traditional-finance users to the crypto market.
Euler DeFi Protocol Exploited for Nearly $200M
The losses occurred over four transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC after the attacker conducted a flash loan attack.
USDC Trading Dominates Record Day for DeFi Exchanges Uniswap, Curve
Decentralized exchanges worked exactly as intended as traders rushed to exchange USDC for wrapped ether and other tokens.
DeFi Stablecoin Exchange mStable Expects 4 Buyout Bids: Source
“We've been working for four weeks actively trying to pursue a M&A route,” protocol’s strategy lead says.
Silvergate Bank was a TradFi Failure: Rosetta Analytics Co-Founder
Rosetta Analytics co-founder Angelo Calvello writes in a CoinDesk op-ed that there were numerous signs of Silvergate's problems, but none of the analysts following the company picked them up. "We've got to get the institutional investors to look at crypto investing, DeFi, through the right lens to understand the risks and opportunities instead of looking at it through a traditional one," Calvello said on "First Mover."
On-Chain Liquidations Beckon as Ether Slumps to 2-Month Low
A total of $119 million in on-chain positions are at risk of being liquidated if ether slides by another 20%.
DeFi Protocol Tender.fi Hacker Returns $1.6M Following Pricing Oracle Glitch
The bug allowed the hacker to borrow $1.6 million despite depositing just one GMX token worth $70.
Las Finanzas se encaminan hacia un futuro descentralizado y sin bancos: Bernstein
Las Finanzas descentralizadas sin bancos serán un conjunto de activos de un billón de dólares con más de 40 mil millones de dólares en ingresos para 2028, según un informe de la firma.
Finance Headed Toward Bank-Free, Decentralized Future: Bernstein
Bank-free decentralized finance will be a trillion-dollar asset pool with over $40 billion in revenue by 2028, a report from the firm said.