Cypher Protocol reveals $600K of stolen funds is now frozen on CEXs
Solana-based Cypher Protocol has managed to stop around $600,000 of stolen funds from exiting various centralized exchanges.
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Another Fantom project winds down citing Multichain exposure
Over $1.5 billion of users' and enterprises' assets were held on Multichain prior to the arrest of its CEO Zhaojun He.
Wall Street Traders Are Using DeFi: Interview With dYdX Foundation’s VP of Strategy, David Gogel
Between the mismanagement, opacity, and regulatory attacks on centralized exchanges, crypto users are growing more incentivized to transition into decentralized finance (DeFi). While plagued by a host of its own…
Cardano DEX MuesliSwap to refund users after slippage confusion
The MuesliSwap team wants to refund users that have lost funds to high slippage due to the way the DEX’s matchmaker was set up.
Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator
The decentralized asset management OS Velvet Capital that is driving DeFi adoption joins the Cointelegraph Accelerator program.
Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory?
Aave price takes double-digit hit, but strong fundamentals point to eventual recovery
The Aave price may have been impacted by this week’s Curve Finance scandal, but a robust insurance fund and steady fee revenue could protect against further downside.
Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator
Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM.
Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount.
Slow Recovery for DeFi Tokens on Positive Crypto Industry Developments: Report
It may not seem like it today, with crypto markets tanking, but DeFi assets have been steadily recovering over the past month, according to Glassnode. On July 31, on-chain analytics…
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