Tag: protocol
Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and…
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted…
Largest DeFi protocol on Solana reportedly quits UK market citing FCA rule
Marinade Finance, the largest decentralized finance (DeFi) protocol running on the Solana blockchain, has reportedly started blocking…
Ethereum DeFi protocol Hope Lend drained after exploit
Ethereum decentralized finance (DeFi) protocol Hope Lend has next to zero assets left in its protocol after…
Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing
The website of Web3 community platform Galxe was offline for about an hour on Oct. 6. Galxe…
Yield Protocol to permanently ‘wind down’ operations by December 2023
Decentralized finance (DeFi) lending protocol Yield Protocol announced its decision to shut down by the end of…
DeFi protocol Balancer frontend is under attack, users urged to stay away
Balancer, an Ethereum-based decentralized finance protocol has confirmed its user interface is currently “under an attack.” The…
Paris Hilton, a16z back IP ownership network Story Protocol
The new blockchain-based IP ownership network Story Protocol closed a $54 million funding round on Sept. 7,…
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted…
Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based decentralized futures exchange Cypher Protocol has managed to freeze $600,000 worth of crypto stolen from an…