bZx


Finance

The Liability of DAOs and Their Founders Has Been Put to the Test in Court

Decentralized autonomous organizations (DAO) are beginning to look like general partnerships in the eyes of U.S. courts.

Court (Tingey Injury Law Firm/ Unsplash)

Policy

CFTC’s Ooki DAO Action Shatters Illusion of Regulator-Proof Protocol

The action raises still-unanswered questions about who is culpable when a DAO commits a crime – will casting a vote with a governance token be seen as a smoking gun?

(Mark Van Scyoc/Shutterstock)

Finance

DeFi Lender bZx Suffers Hack for Reported $55M

bZx tweeted that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was breached.

(Shutterstock)

Markets

Bitcoin News Roundup for Sept. 14, 2020

As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Markets

DeFi Lender bZx Reclaims $8M Stolen in Sunday's Attack

DeFi lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend.

The hacker was exposed sometime on Monday.

Markets

First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve 'Capture'

Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks.

It might just take a big stock-market sell-off for the Federal Reserve to accelerate the pace of money printing. (Unsplash, modified by CoinDesk)

Markets

DeFi Lender bZx Loses $8M in Third Attack This Year

An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx.

(Shutterstock)

Markets

Yields of 25% to 42% Lure Lenders Back to DeFi Platform bZx

Lenders and depositors are coming back to bZx, as the decentralized protocol for margin trading offers significantly higher yields on ether deposits compared to its peers.

bZx stickers at EthDenver

Markets

The 3 Factors Fueling Ether’s 2020 Rally

Several factors could explain ether’s spectacular gains and determine whether they will continue.

Ether prices, Jan. 1, 2020 to Feb. 26, 2020.

Tech

DeFi Insurance Firm Nexus Mutual Makes Its First Payout Following bZx Attacks

Nexus Mutual members voted to pay out two claims following the bZx flash loan attacks – a first for the DeFi insurance pioneer.

umbrella_shutterstock

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