DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
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MongoDB CEO quits to join Meta, stock crashes $6 billion behind him—by Protos Staff
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Compound Foundation accused of ‘misappropriating’ DAO funds—by Protos Staff
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River has sued Blockstream Services Canada over bitcoin mining services—by Protos Staff
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THORChain refuses to block Bitget funds, despite pausing after own hack—by Protos Staff
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Are US Treasuries now a better investment than rental property?—by Protos Staff
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HTX’s proof of reserves doesn’t match its blockchain balances—by Protos Staff
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FTX and Alameda Research still causing the effective altruists problems—by Protos Staff
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Strategy paid $100M extra to buy back the bitcoin it sold—by Protos Staff
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Binance faces second probe over Iran-linked billions—by Protos Staff
