DeFi Has a Risk Problem and It’s Time to Solve It
DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)
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DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)
Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation.
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”
A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.
The economic arguments used to justify Ethereum’s switch to staking were intellectually dishonest, developer Lane Rettig writes. (Jan Huber/Unsplash)
Boldstart Ventures led the round for the startup, which helps developers avoid vulnerabilities in smart contract code.