— DeFi
DeFi protocol Umami Finance sours as CEO goes rogue and core team quits
Umami chief Alex O'Donnell has been accused of dumping tokens and crashing the price. Its team has resigned from the firm's legal wrapper.
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How decentralized is DeFi, really?
How decentralized are DeFi protocols with a small group of leaders with admin keys, multi-sig wallets, and wealth-based voting policies?
DeFi protocols are limiting Ether borrowing — here’s why
As Ethereum's Merge approaches, DeFi lending protocols are anticipating problems and are taking steps to mitigate them.
Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets
The firm originally hired bankers at Citibank to help with its restructuring, despite its history of strident anti-bank marketing campaigns.
Billions in funds frozen as crypto manager Babel renegotiates loans
Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.
Explained: Solend DAO’s whale wars and DeFi lending drama
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.
Bancor suspends DeFi Impermanent Loss Protection when users need it most
Citing “hostile market conditions,” Bancor has decided to suspend its main service, Impermanent Loss Protection.
How billionaire Mark Cuban got revenge on DeFi with KlimaDAO
Billionaire investor Mark Cuban was down bad after getting caught in a DeFi 'bank run' last year — but he made it all back with KlimaDAO.