Crypto Broker DeltaPrime Drained of Over $6M Amid Apparent Private Key Leak
The project is offered on both Arbitrum and Avalanche blockchains. Monday’s exploit impacted only the version on Arbitrum as of European morning hours.
DeFi
Latin American Crypto Exchange Ripio Unveils DeFi Credit Card With Visa
The product will allow users to access up to 30% of blocked assets in a liquidity pool.
World Liberty, Crypto Project Helmed by Donald Trump’s Family, Will Release on Sept. 16
World Liberty Finance is helmed by Trump’s sons, Eric Trump and Donald Trump Jr, and the 18-year-old Barron Trump is the project’s “DeFi visionary.”
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger
The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass.
Osmosis Launches Cross-Chain Token Portal ‘Polaris,’ Expanding Beyond Cosmos Roots
Polaris is described as a “token portal” aimed at solving one of decentralized finance’s biggest challenges: fragmented user experience.
How Ethereum 2.0 Can Transform DeFi
The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.
Inside the Trump Crypto Project Linked to a $2M DeFi Hack and Former Pick-Up Artist
Four team members listed in World Liberty Financial’s white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40%
Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said.
U.S. House Committee Plans for Heap of Crypto Hearings in September
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission’s oversight of digital assets businesses and the implications of “pig butchering” scams.
Trump’s New Crypto Business to Offer Access to ‘High-Yield’ Investments, Website Says
World Liberty Financial is “the only crypto DeFi platform supported by Donald J. Trump,” according to homepage metadata.