DEFI

Among thoe who want to decentralize Twitter include Binance CEO CZ, FTX CEO Bankman-Fried and venture capitalist Fred Wilson.

Decentralised finance - or DeFi - is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities regulators said on Thursday, adding to a chorus of warnings about the fast-growing crypto offshoot.

Cashio App has not yet revealed the details of the exploit, or how much money it lost due to the exploit.

Based on BlockFi's announcement, hackers gained illegal access to the lending platform's data, which includes personal information like names, phone numbers and emails of the company's customers.

Two of the most talented developers in the DeFi space are leaving their projects.

AAVE founder Stani Kulechov announced the debut of the DeFi giant's decentralized social media platform, Lens Protocol, on Monday.

Since his identity was revealed, Micheal Patryn has stepped back from his role at the DeFi platform. 

Bitcoin's money laundering is the least concentrated, the report noted.

DeFi 1.0 has several issues including lack of insurance and impermanent loss, which DeFi 2.0 protocols like Maker DAO, Aave and Compound aim to solve.

BadgerDAO was hacked in a recent attack leading to a loss of more than $120 million, with nearly $50 million in BTC lost from a single address.

As the Total Value Locked in DeFi (TVL) crosses above the $260 billion mark, the crypto market saw an outburst of bullishness among DeFi and Metaverse tokens like CRO, MANA, SAND, and more.

Solana Ventures, Lightspeed Venture Partners, and FTX have announced a $100 million fund for supporting blockchain gaming startups that are focused on building gaming studios.