State of DeFi: Should Chainlink Oracles Be of Concern?
As the collapse of Terra's ecosystem poses contagion risks across DeFi land, "Proof of Decentralization" Podcast Host Chris Blec unpacks the vulnerabilities and potential consequences of Chainlink oracles relying on multisig and how it could bring down all of DeFi. "This is an intentional point of control that the Chainlink team chose to keep in the protocol," Blec said.
DeFi Trading Hub Uniswap Surpasses $1T in Lifetime Volume
Although traders still tend to favor centralized exchanges, the DEX is continuing to expand across Web 3.
What Is DeFi?
Decentralized finance (DeFi) applications aim to cut out the middlemen of our everyday finances.
Crypto Industry Battles to Exempt NFTs, DeFi From Tax Reporting Rules
The OECD is trying to introduce new rules to stop crypto from being used to stash assets out of sight of the taxman.
Martin Shkreli Is Back. He Loves Crypto
The flawed former hedge fund manager is looking to reinvent himself as a crypto entrepreneur. Buyer beware.
Goldman Sachs Says DeFi’s Interconnections Can Increase Systemic Risk
Contagion risk related to UST’s depegging hit staked ether (stETH) because of Lido’s exposure to the Terra ecosystem, the bank said.
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
Aversion to risk remains as volatility returns to stocks and cryptos.
No es solo LUNA: las aplicaciones DeFi de Terra han perdido $28.000 millones
Los inversores han abandonado en gran medida el ecosistema Terra, ahora evidente en los protocolos DeFi en la blockchain, y los analistas siguen siendo escépticos sobre sus perspectivas a largo plazo.
DeFi Protocol iZUMi Finance Raises $30M, Launches Exchange
The funds were raised through the sale of bond vouchers and claims to back the new iZiSwap decentralized exchange.
It’s Not Just LUNA. Terra’s DeFi Apps Have Hemorrhaged $28B
Investors have largely exited the Terra ecosystem – now evident in DeFi protocols on the blockchain – and analysts remain skeptical about its long-term prospects.