Chainalysis: 97% of crypto stolen in 2022 was tied to DeFi protocols
The total volume of illicit cryptocurrency transactions has fallen sharply in recent years, but cybercrime in the DeFi sector has risen, according to Chainalysis.
Chainalysis: 97% of crypto stolen in 2022 was tied to DeFi protocols
The total volume of illicit cryptocurrency transactions has fallen sharply in recent years, but cybercrime in the DeFi sector has risen, according to Chainalysis.
Aurora team launches $90 million fund to back DeFi projects
Aurora developers, the Layer-2 protocol on the NEAR network, launched a fund in AURORA tokens worth about $90 million to accelerate DeFi development.
FSB says it is necessary to introduce comprehensive rules for the Bitcoin market.
The Financial Stability Board will develop new rules for the cryptocurrency industry.
pSTAKE liquidity-staking platform developer Persistence raises undisclosed investment from Binance Labs
The Persistence startup behind the pSTAKE liquidity-staking solution attracted an undisclosed sum from Binance's venture arm as part of a strategic funding round.
US pension funds to bolster yields through asset farming
Pension funds in Fairfax County, Virginia, may increase their exposure to the crypto industry by participating in an asset-yield farming strategy. This was stated by the system's chief investment officer, Catherine Molnar, according to Bloomberg.
Hacker siphoned assets from DeFi protocol Saddle Finance worth $10 million
An unknown hacker breached Saddle Finance, a decentralized exchange dealing in stablecoins and wrapped assets. The hacker's haul amounted to over $10 million in Ethereum.
Rari Capital loses $80 million in hack
An unknown actor withdrew assets estimated at about $80 million from the Rari Capital decentralized-finance protocol, held in its Fuse lending pools.
Samson Mow: DeFi protocols trail Bitcoin in decentralization
Most DeFi protocols cannot compete with Bitcoin as an efficient monetary network due to insufficient decentralization, according to former Blockstream chief strategy officer Samson Mow.
Hacker drains more than $13m from DeFi protocol Deus Finance DAO
The DeFi protocol Deus Finance DAO was hacked again. PeckShield reports that the attacker drained assets worth about $13.4 million from the smart contracts, though the project could have suffered more.
DeFi lending protocol Bastion closes $9 million Series A led by Three Arrows Capital and FTX
The Bastion lending protocol has closed a $9 million Series A round, led by Three Arrows Capital.We use cookies to improve the quality of our service.
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