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The Latest Breaking News from DeFi

WOOFi Exploiter Moves Over $700K ETH After DeFi Platform Offers Bounty

WOOFi's exploiter appears to have moved hundreds of thousands worth of Ether a day after stealing over $8 million in cryptocurrencies by breaching the DeFi platform's swap service on Arbitrum.

International Business Times

DeFi Platform WOOFi Offers 10% Bounty After $8.75M Crypto Exploit

WOOFi's swap service on Arbitrum has been exploited for $8.75 million in cryptocurrencies, marking the first time the DeFi platform suffered such an incident.

International Business Times

DCLEX Is Revolutionizing Trading: Bridging TradFi With DeFi

DCLEX's objective is to guarantee that every digital asset it issues on the blockchain is backed by shares of the underlying asset, ensuring its redeemability for the real-world asset.

International Business Times

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K9 Finance's $KNINE Token: Reshaping DeFi On Shibarium, One Block At A Time

K9 Finance's token generation event is less than two weeks away and it's already creating buzz as investors and users await the arrival of the first ever liquid staking token on Shibarium.

International Business Times

Fed Governor Says DeFi Trading Will Strengthen US Dollar's Global Dominance

Fed Governor Christopher Waller has given a different take the DeFi marketplace amid ongoing fears that it could erode the U.S. dollar's dominance.

International Business Times

Here's Why RWA Tokenization Is The Next Big Thing In Crypto

In crypto terms, RWA tokenization denotes the process of creating "digital twins" of material and monetary assets by using blockchain technology and smart contracts to transform them into on-chain assets.

International Business Times

Compound founder’s new firm Superstate raises $14 million to modernize investing with crypto-style tools

Superstate is building infrastructure that will let investors trade traditional assets like they do DeFi tokens.

Fortune

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Crypto Payments Reshaping Global Transactions, Says Solana Foundation’s Head Of Strategy

Blockchain technology revolutionizes cross-border payments, reducing fees and intermediaries

Zenger

Jump Crypto and Bain Capital Crypto bet $8 million on Gauntlet founder’s new startup, Aera

In addition to Gauntlet, his $1 billion company, Chitra also has his own venture capital firm, Robot Ventures.

Fortune

BreederDAO Offers Customization Services For NFT Characters In Play-to-Earn Games

Startup leverages AI and NFTs to enhance gaming experiences and empower players in the digital realm.

Zenger

Jake Chervinsky—’the Jimi Hendrix of crypto law’—is joining Variant from the Blockchain Association

"There's no way to succeed globally if you can't use the U.S. market," said Chervinsky, who spent nearly two years at the Blockchain Association.

Fortune

Crypto's advocate at the CFTC still has doubts about DeFi

Even CFTC Commissioner Summer Mersinger has her reservations about decentralization and liability.

Fortune

Web3’s 4 key principles for reshaping the digital landscape

Web3 turns internet users into internet owners. It gives them a say when it comes to the platforms they use.

Fortune

The Federal Government Is Trying To Shut Down Decentralized Finance

The Commodities Futures Trading Commission announces charges and settlements with three companies that may mean very bad news for all DeFi operations doing business with U.S. citizens.

Reason

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Fortune

Coinbase takes equity stake in Circle as USDC-focused Centre Consortium shutters

An updated agreement between the crypto giants creates a new era for USDC.

Fortune

A tokenized version of Bitcoin is launching on Solana. Here's what you need to know

Two key architects of tBTC explain the advantages of a decentralized and tokenized version of Bitcoin on Solana.

Zenger

Crypto Research Firm Delphi Digital Warns Of Potential DeFi Implosion Amidst $100M Debt Concerns

Concerns raised over the massive debt of Curve Finance founder and its impact on the stability of the DeFi ecosystem.

Fortune

Benevolent hacker pulls back $5.4 million targeted in $52 million Curve Finance hack

An estimated $52 million was stolen in Sunday’s attack.

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Zenger

Major Cryptocurrencies Experience Sunday Evening Decline After Favorable Ripple Ruling

Crypto Prices Decline as Ripple-SEC Case Rally Fizzles Out

Fortune

What is looping, the high-risk strategy producing 60% yields for crypto traders?

As a market turns from a bear into a bull, traders gravitate towards riskier strategies, say DeFi developers.

Barchart

New Collaborations Between TradFi & DeFi Could Take Crypto Wallets to Another Level

3 global investment firms are using blockchain technology to enhance growth.

Fortune

TransUnion’s latest partnership could make lending more transparent for blockchain platforms and users

Major credit reporting agency TransUnion is partnering with Spring Labs and Quadrata to make it easier for blockchain-based apps to make informed lending decisions and help consumers secure more favorable terms.

The Times of India

Crypto trading bot is racking up profits, big fees with ‘sandwich’ attacks

An anonymous trader linked to a digital wallet labeled “jaredfromsubway.eth” has become the talk of the decentralized finance world the last few days after racking up both big fees and profits through a strategy known as sandwich attacks.

Fortune

Gary Gensler’s new assault on DeFi puts him on a legal limb

A proposed SEC rule change would force DeFi projects like Uniswap to register as a Nasdaq-like exchange.

Fortune

Who made Fortune's Crypto 40 and why: The winners, snubs, and more

The inaugural list is a research-based ranking of the players that define the crypto industry and are essential to its long-term success.

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