Wormhole almost killed Solana DeFi — now works with Blackrock, Hamilton Lane
Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.
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Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.
— DeFi, Stablecoins
By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.
The DeFi sector is a financial frontier zone, home to some of crypto’s riskiest experiments. As such, chaos isn’t the exception but the rule.
USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
So-called "synthetic dollar" USDf, which is backed by controversial market maker DWF Labs, is off-peg and has hit a low of $0.98.
The team behind blockchain bridge Across has been accused of funnelling $23M worth of treasury funds into its own company, Risk Labs.
Messages left on-chain from the hacker’s address appear to set the record straight about the root causes of the Cork Protocol incident.
A new report, titled MEV and the Limits of Scaling, explores the vast volume of MEV spam offsetting improvements in blockchain throughput.
The issue concerns failed transactions on Stacks, a DeFi-focused layer two scaling solution for the Bitcoin network.
Curve Finance has warned users to avoid its curve.fi website due to a DNS hijacking attack, which redirects users to a wallet drainer.