DeFi Protocol Balancer Hacked Through Exploit It Seemingly Knew About
A spat between the Balancer and STA team following the $500,000 hack suggests that the DeFi protocol was aware of the weakness. Go to Source Powered by WPeMatico
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Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income
HODLing Bitcoin may pay off eventually, but it means one’s money isn’t working for them now, says Andreas Antonopoulos. Go to Source Powered by WPeMatico
Crypto Derivatives Might Drive a New Cycle of Mass Adoption
The lack of progressive jurisdictions in which a particularly attractive regime for regulating derivatives exists keeps crypto in a gray area, and it has to be changed. Go to Source Powered by WPeMatico
Bubbling Over the Top? DeFi Sector Heats Up in June, Raising Concerns
The DeFi sector is seeing rapid growth in use and volume. Some appear concerned about a bursting bubble, but could it be natural growth? Go to Source Powered by WPeMatico
Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just recently, the platform Synthetix revealed a partnership with Bitgo and the Ren Project … Read more
Compound’s COMP Token Paves Way for DeFi Yield Wars
Framework Ventures’ co-founder believes Compound’s token launch jump started a trend of DeFi projects competing for yield as public interest and token prices rally. Go to Source Powered by WPeMatico
Anchorage Launches Support for DeFi Token KEEP
Crypto custodian Anchorage has launched support for KEEP in its latest bid to emerge as a leading custodian for DeFi tokens. Go to Source Powered by WPeMatico
Coinbase Welcomes Compound DeFi to its Platform
Coinbase has listed Compound’s COMP asset. Go to Source Powered by WPeMatico
Galaxy Digital and Bitmain Lead AVA Project’s $12M Private Token Sale
In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors. Go to Source Powered by WPeMatico
Balancer Votes for Centralized Quick Fix to Stop Users Gaming System
DeFi project Balancer has hastily conducted a community vote to determine how to limit attempts to exploit the protocol’s token reward system. Go to Source Powered by WPeMatico