Wormhole almost killed Solana DeFi — now works with Blackrock, Hamilton Lane
Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.
Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.
By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.
The DeFi sector is a financial frontier zone, home to some of crypto’s riskiest experiments. As such, chaos isn’t the exception but the rule.
USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
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.