DeFi

News and updates about decentralized finance (DeFi), an emerging sector in cryptocurrency offering lending, borrowing, and yield farming.

DeFi Stories

Mantle tokenholders approve 30K ETH Aave credit line following rsETH exploit

Mantle tokenholders have approved a proposal authorizing a credit facility of up…

Aave urges Arbitrum to transfer 30,000 ETH from the Kelp exploiter to “DeFi United”

Aave Labs has proposed that the DAO behind Arbitrum unfreeze $73.5 million…

Kelp DAO exploiter launders nearly all 75,700 Ether through THORChain

The attacker behind the roughly $293 million Kelp DAO exploit appears to…

Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits rise

Flying Tulip, a decentralized finance platform founded by Andre Cronje, has introduced…

Dan Finlay exits Consensys after a decade

Dan Finlay has stepped down from Consensys after more than a decade…

LayerZero blames Kelp DAO setup for exploit as Aave losses come under scrutiny

LayerZero says a flawed setup tied to Kelp DAO’s decentralized verifier network…

Aave’s total value locked plunges by $8B just one day after the $293M Kelp DAO hack

Total value locked on the decentralized lending platform Aave fell by nearly…

At least a dozen crypto firms targeted following Drift Protocol hack

At least 12 DeFi protocols and crypto firms have been targeted in…

Study finds most crypto protocols fail to disclose market-maker agreements

A review of more than 150 major crypto protocols has found that…

Deutsche Börse invests $200M in Kraken parent Payward

Deutsche Börse said Tuesday it will invest $200 million in Payward, the…