2023-7-15 20:00 |
A look back at the rise and fall of Celsius, from the firm’s growth during the pandemic to the arrest of its former CEO and resolutions with federal regulators.
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DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.
The New York Attorney General’s (NYAG) office announced the completion of its settlement with Gemini and the recovery of $50 million for users of the defunct Gemini Earn program on June 14. Users will receive the crypto in their accounts without having to take any further action.
Blockchain security firm Cyvers Alert reported a significant exploit on the DeFi lending protocol UwU Lend, which resulted in an approximately $19. 5 million loss. The attacker funded their wallet via the sanctioned crypto mixer Tornado Cash.
Quick Take DeFi Technologies Inc. , a public company traded on CBOE Canada (DEFI), has made a strategic decision to adopt Bitcoin as its primary treasury reserve asset, purchasing 110 Bitcoin, according to Newswire.
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers.
