The US Fed Plans to Regulate the DeFi Industry
Federal Reserve Chairman Jerome Powell believes the DeFi market is having a strong impact on the traditional financial system.
Cream Finance Attacker Converts $1.75M into Bitcoin
The bad actor who recently attacked the DeFi protocol Cream Finance has moved $1.75 million of the stolen funds.
Aave Community Gives Support to Ethereum Borrowing Suspension Prior to The Merge
A proposal to suspend borrowing in Ethereum through the DeFi protocol Aave before the massive update of The Merge has received almost 78% positive votes.
Developers of DeFi Project OptiFi Lose $661,000 Due to Failed Update
The team behind the Solana-powered DeFi protocol OptiFi has accidentally shut down its mainnet, locking up $661,000 of user funds in the stablecoin USDC.
