$22M Drained From Compound Contract That Was Hit for $80M Last Week
About $66 million – and counting – was recently added to the still vulnerable contract, thus making more funds available for exploit.
Market Wrap: Cryptocurrencies Rally as Short Sellers Exit Positions
The upturn comes despite regulatory risks.
Compound Founder Begs Users to Return $90M Funds Mistakenly Given Away
DeFi staking protocol Compound erroneously paid out approximately $90 million in liquidity mining rewards following an update to one of its smart contracts. The founder is now pleading to users to return the tokens and issuing a few potential threats.
Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
In a proposal Thursday on MakerDAO's governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain bond tokens issued by the bank as collateral for a stablecoin DAI loan for up to $20 million. "The Hash" panel discusses the historic step towards institutional adoption of DeFi.
Introducing the Decentralized Money Stack
To see the future of money, you need to look to the past, says CoinDesk’s chief content officer.
Zero Hash Founder on Expanding to DeFi and NFTs After Raising $35M
Crypto trading infrastructure provider Zero Hash is eyeing expansion into DeFi and NFTs after raising a $35 million Series C funding round led by the venture arm of Steve Cohen’s Point72. Zero Hash founder and CEO Edward Woodford discusses why he’s bullish on DeFi and NFTs, explaining how his platform works.
DeFi Money Market Compound Overpays Millions in COMP Rewards, Founder Says $80M at Risk in Possible Exploit
In a possible exploit on Wednesday night, decentralized money market Compound has been erroneously paying out millions of dollars in COMP tokens intended as liquidity mining rewards following an update to one of its smart contracts. In one transaction, $27 million was claimed.
DeFi Benefits From China Ban, Gamevil Increases Coinone Stake
China crypto ban to benefit DeFi space. Gamevil becomes the second-largest shareholder of Korea’s Coinone. Illicit mining operation discovered at Tehran Stock Exchange. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
3 Factors That Make Quant Trading in Crypto Unique
Blockchain technology presents new opportunities for traders with quant strategies, says the founder of IntoTheBlock.
