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.
Bitcoin24h
$65,873.68-0.64%
Ethereum24h
$1,922.84-0.94%
BNB24h
$570.01-1.57%
XRP24h
$1.13-0.11%
Solana24h
$77.38-1.33%
TRON24h
$0.3294+0.87%
Hyperliquid24h
$58.83-6.86%
Dogecoin24h
$0.0724-1.43%
UNUS SED LEO24h
$9.71+0.04%
Zcash24h
$514.86-4.75%
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.
Serial crypto failure Mark Cuban says he’s in it for the apps
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.
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South Korea’s stock market is officially more volatile than BTC—by Protos Staff
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Supra patched oracle on 11 other chains before $9M Hedera exploit—by Protos Staff
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These crypto chains raised $500M but generate just $360 in daily fees—by Protos Staff
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IBM just had its worst day since Black Monday—by Protos Staff
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No amount of cash can fix STRC’s trust problem—by Protos Staff
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CHART: Value of Tesla’s BTC holdings have fallen by two-thirds—by Protos Staff
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GoPro founder lends company $20M after 99% stock collapse—by Protos Staff
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AscendEx shutdown: Uncertainty over withdrawals as hot wallets lack funds—by Protos Staff
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It’s been 365 days since Pump Fun promised an airdrop was ‘coming soon’—by Protos Staff
