DeFi
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Europe introduces smart contract ‘kill switch’ – what it means for DeFi systems
New European law pushed for control over crypto and blockchain tech through smart contracts. The crypto community expressed concern over…
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Euler Finance blocks vulnerable module, working on recovering funds
Decentralized finance (DeFi) lending protocol Euler Finance became a victim of a flash loan attack on March 13, resulting in…
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Stargate foundation advises DAO against reissuing STG tokens
Stargate Foundation has advised its decentralized autonomous organization (DAO) against reissuing Stargate’s native Stargate Finance (STG) token due to concerns raised…
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Debtors saved over $100M using de-pegged stablecoins to repay loans
The depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of loan repayments…
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Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
Contagion from the Dec. 12 flash loan attack against Euler has spread far and wide, resulting in frozen or lost…
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USDC depegged, but it’s not going to default
Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin (USDC) —…
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Privacy-focused blockchain network closes Aztec Connect tool
Privacy-oriented blockchain platform Aztec is preparing to shut down Aztec Connect, the network’s privacy infrastructure serving as the encryption layer…
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Euler Finance hacked for over $195M in a flash loan attack
Ethereum-based noncustodial lending protocol Eurler finance faced a flash loan attack on March 13, with the attacker managing to steal…
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Binance CEO announces recovery funds conversion from BUSD to ‘native crypto’
The failure of three major crypto-backing banks, Silicon Valley Bank (SVB), Silvergate Bank and Signature Bank caused the stablecoin (USDC)…
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Silicon Valley Bank collapse: Everything that’s happened until now
The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading…
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