Decentralized Finance

February 29, 2024

Seneca stablecoin hacker returns stolen funds after $6.4M exploit

In a recent development, the stablecoin protocol Seneca fell victim to an exploit, resulting in the theft of approximately $6.4 million in digital assets. This incident, […]

Decentralized lending platform Seneca exploited for $6.4M

Seneca Protocol, a decentralized finance (DeFi) lending platform and stablecoin issuer, has fallen victim to an exploit, resulting in estimated losses of $6.4 million. The incident, […]
February 28, 2024

DeFi risk manager Gauntlet partners with Morpho days after dumping Aave

Decentralized finance (DeFi) risk management firm Gauntlet has joined forces with DeFi lending protocol Morpho shortly after ending its collaboration with Aave.   Partnership Details:   […]
February 23, 2024

DeFi protocol Blueberry pauses lending following mystery exploit

In a bid to mitigate potential damage from an ongoing exploit, decentralized finance (DeFi) protocol Blueberry has taken swift action to pause its operations. The Blueberry […]
January 30, 2024

Polygon Labs proposes framework to classify DeFi as ‘critical infrastructure’

The legal team from Polygon Labs, including Rebecca Rettig and Katja Gilman, along with Michael Mosier from Arktouros law firm, have proposed a new regulatory framework […]
December 27, 2023

Kyber Network axes workforce by 50% one month after $49M exploit

The firm said it’s priorities now are to keep KyberSwap’s Aggregator and Limit Order functions up and running and to reimburse impacted customers.   The decentralized […]
December 26, 2023

Overcoming centralized governance: How DAOs democratize decision making

DAOs emerge as a potential solution to centralized governance, offering democratic and transparent decision-making.   The crypto ecosystem, with its emphasis on democratizing finance and promoting […]
December 15, 2023

SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy

The SafeMoon token nosedived as it was revealed the company behind it had filed for bankruptcy, but it has regained slightly since.   The decentralized finance […]
December 11, 2023

DeFi protocol Venus seeks to patch $270K hole from oracle incidents

The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.   Decentralized finance […]

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