Badger DAO Protocol Suffers $120M Exploit
An attacker drained funds from the wallets of dozens of users of the Badger DAO yield vault protocol using malicious contract permissions. The total loss amounted to about 2,100 BTC and 151 ETH, or roughly $120 million. “The Hash” group discusses the latest DeFi mainstay to fall victim to a malicious hack.
Aligning Social and Financial Capital to Create Better Money
Would money be better if it was aligned with our reputations?
Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay
The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.
Badger DAO Protocol Suffers $120M Exploit
The hacker or hackers may have targeted the platform’s user interface.
Can Stablecoin Supply Measure Ethereum Adoption?
As innovation on top of Ethereum continues to connect DeFi with the outside world, stablecoin growth appears to be a strong measure of adoption.
ETH Returns Outpacing BTC, S&P 500, DeFi
CoinDesk Director of Professional Content Galen Moore shares insights into how bitcoin has performed since Black Friday when it declined by more than 8% following news of the COVID-19 strain Omicron. Why are the returns for ETH outpacing BTC, S&P 500, and DeFi?
Structure Raises $20M to Make DeFi Mainstream- and Mobile-Friendly
Polychain Capital led the seed round.
DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group
The Series B comes ahead of the launch of 1inch Pro, which will cater to institutional investors.
Ethereum in 2022: What Is Money in the Metaverse?
DeFi, NFTs, stablecoins – most of it started on Ethereum. What about next year? This post is part of CoinDesk’s Future of Money Week.
UST Stablecoin Demand, DeFi Incentives Drive Terra’s LUNA to New All-Time High
Following a network upgrade in October, it’s the second time this month LUNA has logged record highs.
