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SEC Charges Defi Platform Rari Capital and Founders

The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement…

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Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit

According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed…

Continue ReadingAttackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit

Finance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15

Lending firm Celsius raised $400 million, Rari Capital exceeded $1 billion in TVL, and North America witnessed surging crypto volume — all included in this week’s Finance Redefined.

Continue ReadingFinance Redefined: Celsius raises $400M, and Rari’s 7.5K% yields, Oct. 11—15