Abracadabra Drained of $13M in Exploit Targeting Cauldrons Tied to GMX Liquidity Tokens
The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.
DeFi
Ethereum L2 Starknet Seeks ‘Bitcoin’s DeFi Take-Off Moment’ With BTC Wallet Xverse
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.
Layer-2 BOB’s ‘Bitcoin DeFi’ Continues Progress With Fireblocks Integration
Fireblocks users can now earn yield on their BTC holdings via BOB’s network
Bitcoin Staking Platform Core Joins Crypto Lender Maple and Custodians BitGo, Copper, Hex Trust
The ability to earn yield on bitcoin and potentially unleash a new wave of liquidity into the DeFi ecosystem has become a hot topic of late.
Trump-Linked Crypto Platform’s $33M Ether Transfer Spurs ETF Staking Hopes
The SEC could consider approving staking for ETFs, boosting sentiment and prices for the second-largest cryptocurrency, market observers said.
Red-Hot DeFi Platform Usual Faces Backlash as Protocol Update Triggers Sell-Off
An unexpected change in the redemption mechanism of the protocol’s yield-generating token caught investors off-guard, throwing the DeFi community into disarray.
DeFi’s Renaissance
Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.
Truflation and LandX to bring indexed agricultural commodities to DeFi
Truflation, a real-time economic data provider, has partnered with LandX, a company focused on decentralizing global farmland markets, to bring … Continue reading
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