Bitcoin24h $116,748.00+1.89%

Ethereum24h $3,933.45+7.50%

XRP24h $3.37+13.23%

BNB24h $786.54+2.54%

Solana24h $174.66+4.52%

Dogecoin24h $0.2222+8.86%

TRON24h $0.3373-0.55%

Cardano24h $0.7939+7.90%

Stellar24h $0.4591+15.34%

Hyperliquid24h $40.85+8.18%

Top DeFi hacks and exploits of 2022

Many DeFi hacks and exploits are down to smart contract vulnerabilities, from which there is generally no recourse.

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?

While decentralization is one of crypto’s main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.

Cuban claimed in a Twitter thread that the value of a crypto token is determined by the apps it can run and its overall utility.