Yet another DeFi attack has delivered a $3M payday to an attacker. This time a Deus Finance hack has seen an attacker take off with over $3 Million in crypto, with the attacker managing to siphon off both Ethereum and DAI stablecoins from the over-the-counter (OTC) derivatives platform.
In an unusual turn of events, the EU rejects banning Proof of Work (PoW) blockchains, seemingly giving a stay of execution to Bitcoin, Ethereum and other networks which use the technology.
The Financial Conduct Authority (FCA) of Britain has declared all Bitcoin ATMs illegal in the UK, demanding operators immediately cease operations. Once again, citing “money
The new battleground frontier is being fought over very principles of crypto, with its values of decentralization, transparency, free ownership by anyone and immediate auditability under threat from all sides.
It’s finally happened. As of February 2022, US National debt exceeds 30 trillion dollars, and counting. This now puts the debt to GDP ratio of
Diem is dead. It’s official. Mark Zuckerberg’s Meta (formerly Facebook) has announced that it has sold the Diem intellectual property to Silvergate Capital, effectively killing
DeFi protocol Wonderland has announced it is to shut down after a twitter user unmasked its treasury manager 0xSifu as none other than Michael Patryn,