Over $204M was lost in Q2 DeFi hacks and scams: Report
More than $208.5 million was lost initially, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.
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DeFi Platform Struct Finance Introduces New Interest Rate Products
Struct Finance – a Decentralized Finance (DeFi) platform that allows customers to engage with tailored structured monetary products linked to cryptocurrencies – announced the mainnet launch of its tranching mechanism…
Web3 startups get security boost as CertiK joins Cointelegraph Accelerator
Blockchain security expert CertiK becomes a mentor for the Cointelegraph Accelerator program’s participants.
Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner
GAMI, a Web3-focused Venture Builder, hosts a variety of products tailored to the web3 and blockchain world, with partners like Gerard Lopez, a globally renowned entrepreneur and investor.
3 key Ethereum price metrics point to growing resistance at the $1,750 level
Ethereum price looks poised for additional downside as low as the $1,560 level.
DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K
Sturdy Finance – a DeFi project promising up to 10x leverage on staked assets – has been exploited by a hit-and-run attack on its pricing oracle. Although the amount stolen…
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
DEXes are not securities exchanges, argues crypto venture firm Paradigm.
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies.
PoolTogether Case Dismissed, For Now
In late 2020, PoolTogether was sued by Joseph Kent, a software engineer who, at the time, was working as the tech lead for Senator Elizabeth Warren’s presidential campaign. The lawsuit…
SEC is killing innovation in United States – 1inch co-founder
American-based Web3 companies and cryptocurrency exchanges could be pushed to move offshore following enforcement actions against Coinbase and Binance.US.
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