Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an

Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group

This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global auditor Mazars Group conducted the audit. dne dec. 9,…

Rezervni nakupi Tron DAO $38 Milijoni v TRX za zaščito stablecoin USDD

maja 5, Trons algorithmic stablecoin USDD went live and so far, the fiat-pegged token has been listed on a number of decentralized finance (defi) protokoli. Two days later, the Tron DAO Reserve announced it purchased 504.6 million tron (TRX) do…

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

aprila 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network willprovide custody service for the $10 [milijarde] worth of highly liquid assets raised

Defi Losing Track of Its Core Vision as It Gradually Resembles the Very Idea It Aspired to Change

As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm are those who already own digital assets. Replacing Intermediaries Doesnt Directly Improve Finance When it comes