The U.S. Commodity Futures Trading Commission (CFTC) has unleashed a series of penalties against prominent decentralized finance (DeFi) platforms, including Opyn, 0x, and Deridex, citing breaches of federal digital asset derivatives trading laws. These actions have ignited a heated debate
On August 7, Curve Finance, a prominent player in the decentralized finance (DeFi) landscape, made a significant announcement. The protocol has put forth a $1.85 million bounty to apprehend the hacker responsible for a major security breach. This move comes
Unveiled recently by US Senators Jack Reed, Mike Rounds, Mark Warner, and Mitt Romney, a controversial bill aims to apply stringent anti-money laundering (AML) measures to the nascent domain of decentralized finance (DeFi). However, the Crypto Council for Innovation (CCI),
Team members at NFT lending protocol ParaSpace have accused project founder Yubo Ruan of withholding corporate funds worth millions of dollars. In March, ParaSpace recovered $5 million from a platform hack – but the team now claims Ruan kept the
Controversial crypto investor Sifu of the Wonderland infamy, has reportedly lost $3.3 million after a hack of the SushiSwap token approval system. Sifu was ousted as treasury manager of the DeFi protocol following his identification in 2022 as Michael Patryn,
Midas Investments is shutting down as a decentralized finance platform and pivoting to so-called CeDeFi, a hybrid type of structure that combines centralized finance (CeFi) and DeFi. The decision is significant. It could indicate the direction that the decentralized finance
Uphold Head of Research Martin Hiesboeck says that centralized crypto exchanges (CEXs) remain a good bet in spite of the recent market collapse. The rampant hacking in DeFi makes mass adoption of decentralized finance an “impossibility,” he argued. Hiesboeck spoke
Umbria Community is collaborating on numerous projects to make it easier for new users to join the Ethereum community. Umbria is enabling third parties and partners on Polygon, Avalanche, Binance Sensible Chain, Fantom, and Arbitrum to offer their communities the
Soldex, a platform leading the next generation of decentralized finance (DeFi) evolution through emotionless trading, has looked to a new partnership to address new audiences amid the rise of the Metaverse. Its relationship with Project Larix will only speed the
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