DWF Labs-backed USDf depegs as red flags raised over quality of backing
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.
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.