Abracadabra Money Shattered! $6.5 Million Stolen in Shocking DeFi Exploit
TL;DR Abracadabra Money, Daniele Sestagalli’s DeFi platform, suffers attack: $6.5M lost, mainly 2.74K ETH, started with 1 ETH since Tornado Cash. Detected on January 30 by
defi (Latest Publications)
Polygon Labs Proposes to Classify DeFi as ‘Critical Infrastructure’? Legal Team Sparks Controversy
TL;DR Polygon Labs proposed a novel regulatory framework. It advocates for considering DeFi protocols as “critical infrastructure” vital for the national and economic security of the
Massive Drop in Cyber Theft! PeckShield Reveals 27.78% Plunge in 2023
TL;DR According to Peckshield, there was a 27.78% decrease in cryptocurrency theft in 2023. Losses dropped from $3.6 billion in 2022 to $2.61 billion in 2023.
Ripple CTO Sparks Controversy: New Governance Proposal Faces Scrutiny
TL;DR David Schwartz, CTO of Ripple, publicly endorsed a governance proposal for the XRPL Foundation. David Fuelling’s proposal aims to improve transparency and democracy in XRPL
Solana’s Jupiter Surpasses Uniswap in Trading Volume: Massive Airdrop Incoming!
TL;DR Jupiter DEX, based on the Solana network, successfully recorded a trading volume of $518 million in the last 24 hours, surpassing Ethereum’s Uniswap by $25
Pyth Network Partners with Ondo Finance to Revolutionize Asset Pricing in DeFi
TL;DR Pyth Network and Ondo Finance collaborate to provide accurate price feeds across multiple blockchains, transforming asset valuation in DeFi. The partnership addresses the ongoing challenge
Bitcoin Will Become a Global Operating System Through Rollups
TL;DR BitcoinOS: A new platform that uses sovryn rollups to enable DeFi capabilities on Bitcoin. Sovryn: The first DeFi protocol to use BitcoinOS, offering various financial
Polygon Nearly Matches Ethereum’s User Base in 2023! Why this Surge Spells a DeFi Takeover in 2024?
TL;DR Polygon’s Growth: Polygon, initially a scaling solution for Ethereum, saw a meteoric rise in 2023 Influence on DeFi Sector: The growth of Polygon’s user base
Four DeFi Trends Set to Ignite the Coming Bull Market, According to DefiLlama
TL;DR EigenLayer Drives Liquid Restaking: EigenLayer is leading the liquid restaking trend, generating $600 million and attracting interest in DeFi. Pendle and Advanced Restaking: Pendle allows
Lido DAO Shakes Up Staking: Rejects LayerZero, Embraces Wormhole and Axelar Bridges
Chaos ensues in the DeFi world. The Lido protocol finds itself in the midst of controversy after LayerZero, a leading company in building interoperability infrastructure for
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