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How the US gov’t bailed out USDC stablecoin

The FDIC has taken over two banks at which Circle held billions of dollars worth of backing for DeFi’s most popular denominator.

Top DeFi projects move further from decentralization in 2023

From Polygon’s recent 157 block reorg to Solana’s innumerable outages, DeFi’s success in 2023 feels anything but certain.

80% of funds have been drained from LaunchZone’s liquidity pool, resulting in its native token LZ plummeting in value.

DeFi hasn’t seen the same amount of problems or regulatory scrutiny as many centralized platforms but it’s not been completely without drama.

If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.