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.
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216 stories, newest first
DeFi project LaunchZone claims to be latest victim of BNB chain exploits
80% of funds have been drained from LaunchZone's liquidity pool, resulting in its native token LZ plummeting in value.
DeFi hackers are making bank this year — it’s February
DeFi hasn't seen the same amount of problems or regulatory scrutiny as many centralized platforms but it's not been completely without drama.
Why does a16z want to strengthen its grip on Uniswap?
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.
— DeFi
DeFi protocol Umami Finance sours as CEO goes rogue and core team quits
Umami chief Alex O'Donnell has been accused of dumping tokens and crashing the price. Its team has resigned from the firm's legal wrapper.
How many times will Alameda Research liquidators get liquidated?
Despite Alameda's lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.
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?
Opinion: FTX fall stresses centralization vs decentralization debate
While decentralization is one of crypto's main tenets, it’s likely that more centralization could have stopped the fall of crypto giant FTX.
DeFi protocol AAVE faces bad debt and centralized points of failure
AAVE could eventually be looking to dispose of billions of dollars’ worth of illiquid collateral if markets take another downturn.