Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The $47 million Curve Finance exploit on […]
Update (Aug. 3 at 9:49 p.m. UTC): This article has been updated to add Matter Labs’ response. Polygon’s zero-knowledge scaling arm, Polygon Zero, is accusing developers of Matter Labs of copy-pasting “a substantial amount of […]
Kanis Saengchote, a researcher at Chulalongkorn University in Thailand, recently developed a framework for identifying and measuring systemic risk in decentralized finance (DeFi) institutions. The new protocol is called the Global Systematically Important Protocol (G-SIP), […]
BALD price down nearly 90% as sell-off pressure mounts Data shows prices plummeted as meme coin’s deployer removed all ETH liquidity. Bald is a token recently launched on Ethereum layer-2 blockchain Base. Bald (BALD), a […]
The cryptocurrency market is having its worst month of 2023, according to a report from Web3 outlet De.Fi shared with Cointelegraph. Losses for July totaled $486 million, more than six times the total from 2022: […]
Optimism (OP) price surged more than 7% on Sunday to reach intraday highs of $1.61. the Ethereum layer-2 protocol unlocked 24 million OP tokens worth $38 million into circulation on July 30. OP price could […]
Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. […]
Solana based Aurory has expanded to Arbitrum, a leading L2 for Ethereum. $1 million in AURY liquidity has been added to the Arbitrum native DEX Camelot. AURY price surged more than 22% to hit highs […]
A new wallet that has launched on Optimism (OP) allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam wallet” the application […]
About $6.5 million flowed out of funds tracking different cryptocurrencies last week. Bitcoin recorded $13 million in outflows, while Ethereum benefited from XRP-driven sentiment to record $6.6 million in inflows. The minor outflows follow 4 […]
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