DeFi projects under fire for inflated TVL and murky lending loops
Critics of DeFi yield farming projects claim they created a "daisy chain" by recursively lending funds between one another to inflate TVL.
Results for Crypto, DeFi
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Ledger faces backlash for charging fees on ‘free’ security upgrade
Ledger fine print revealed that the “free” service would cost $10 per transaction or 0.05% of the amount transferred, on top of gas costs.
EXCLUSIVE: ‘Code is Law’ documentary explores the void between DeFi and law
Code Is Law: Crypto’s Unstoppable Heists, out tomorrow, explores why very few crypto hackers ever appear in court.
Wintermute, Blast, and rug pull rumors hit Plasma’s XPL launch
Exuberant traders who bought Plasma’s new XPL token at a $3B market cap last week are looking for someone to blame after a 40% retracement.
Is Aster just CZ taking Binance on-chain?
Support from Changpeng Zhao and Binance sent ASTER soaring and had the crypto community wondering if Aster could take Hyperliquid’s crown.
Circle and Tether bug bounties aren’t enough says LlamaRisk
LlamaRisk claims the bug bounties of multi-billion dollar stablecoin firms Circle and Tether are "inadequate," and fail to exceed $10K.
SwissBorg CEO blames $41M loss on staking partner Kiln
The attacker was seemingly given authority to withdraw $41 million from Kiln while unstaking $200,000 worth of SOL.
DeFi default: Kinto shutdown prompts first haircut for Wildcat lenders
A $750K bridge loan wasn't enough to save Kinto following a hack in July. Wildcat lenders will recover 76% of their deposit.
Gauntlet’s $2.3M contract renewal with Compound faces backlash
The renewal of Gauntlet’s $2.3M contract with crypto lending platform Compound Finance has been met with fierce pushback.
Starknet stutters, turns off and on again twice in one day
Starknet’s incident reporting page shows a variety of issues, ranging from “block production halted” to a "reorg" that saw 192 blocks dropped.