The aftershocks of the Saturday’s KelpDAO hack are spreading through stablecoin markets in ways that were not...
Stablecoins
Bitcoin is absorbing the return of Middle East risk better than oil or equities. Bitcoin traded at...
LayerZero blames Kelp’s setup for $290 million exploit, attributes it to North Korea’s Lazarus
3 min read
LayerZero has placed responsibility for the $290 million Kelp DAO exploit on Kelp’s own security configuration, saying...
The decentralized finance (DeFi) ecosystem is experiencing a sharp capital outflow following the weekend exploit of the...
A breach at web infrastructure provider Vercel is forcing crypto teams to rotate API keys and do...
A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized...
As readers of this newsletter may be aware, Congress has spent the past few months debating market...
The average Web3 VC pitch sounds like ours did three years ago. “We have deep relationships across...
‘DeFi is dead’: crypto community scrambles after this year’s biggest hack exposes contagion risks
5 min read
The $292 million exploit of Kelp DAO has set off a wave of reactions across the crypto...
Stablecoins, the $300 billion class of digital dollars, may have started as a faster way to move...
Aave just watched $6.6 billion walk out the door, and it’s not because anyone hacked Aave. The...
Three wallets, one denial, and $5.7 billion in market cap gone in 48 hours. RaveDAO’s RAVE crashed...
Inside the rise of wrench attacks against crypto holders and how France has become the focus
4 min read
France is facing a rise in crypto-related kidnappings as so-called “wrench attacks” become more frequent, brazen and...
Nomura study says 65% of institutional investors see crypto as a vital portfolio diversifier
2 min read
Institutional investors are warming to digital assets, with improving sentiment and broader use cases emerging as key...
One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end
3 min read
One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end
For years, NEO’s treasury was held in a setup that would be unusual for most financial institutions:...
