Two Solana-based DeFi protocols have reopened following the $114 million hack of lending protocol Mango Markets. Yield aggregator Tulip and stablecoin provider UXD have recovered tokens from Mango Markets, which was hit with…
BitMEX has named chief financial officer Stephan Lutz interim CEO after Alexander Hoeptner left “with immediate effect.” “Together with the rest of the management team and our talented staff members, I will make…
Hackers attacked decentralized exchange (DEX) QuickSwap today, making away with $220,000 in a flash loan exploit. The DEX said Monday that it had closed QuickSwap Lend, its lending protocol, following the exploit. It…
This week in coins. Illustration by Mitchell Preffer for Decrypt. It was the fifth consecutive week of either flat prices or losses, but flatness suddenly looks a little more promising than usual. New…
I expected a fairly lazy and hysterical recounting of the many ills of crypto when I began reading Popping the Crypto Bubble. The ambitious crypto-skeptical book was co-authored earlier this year by financial…
Gavin Wood, co-founder of Parity Technologies, the company behind the Polkadot blockchain, is stepping down as the firm’s CEO, according to a Bloomberg report. Wood, also an early Ethereum contributor and co-founder, will…
After starting with Bitcoin, $4.5 trillion asset manager Fidelity is now turning to Ethereum. “Institutional Ethereum capabilities are coming to the Fidelity Digital Assets platform on October 28, 2022,” Fidelity Digital Assets said…
In brief Helius, a Solana infrastructure startup, raised a $3.1 million seed round. The development platform was co-founded by former Coinbase and Amazon engineers. Solana infrastructure startup Helius today announced that it raised…
Bitcoin miners and hosting companies staying afloat in this market have had to venture outside the blockchain industry. At current prices and Bitcoin network difficulty, only Bitcoin miners with the newest, most efficient…
Cryptocurrency exchange FTX, its FTX US division, and founder and CEO Sam Bankman-Fried are being investigated by Texas regulators over potential securities violations, according to a state filing. Regulators are probing whether yield-bearing…
It was the fourth consecutive week of losses or no movement for Bitcoin and Ethereum, both of which dipped lower at the end of this week after more high inflation readings from the…
“We are pleased with the court’s thorough and well-reasoned decision to remove Roche Freedman LLP as interim class counsel,” a Bitfinex spokesperson told Decrypt in an email. “Roche Freedman’s repeated attempts to trivialize and…
The government of Dominica has partnered with smart contract blockchain platform Tron to issue Dominica Coin (DMC), a token that promotes the Caribbean nation’s natural and cultural heritage. The DMC token, developed on…
Stablecoins have emerged as the life-blood of the crypto industry. At a hefty $150 billion in total market capitalization, even after the collapse of Terra’s algorithmic stablecoin UST earlier this year, they may…
The United States Securities and Exchange Commission is investigating Yuga Labs over whether its Bored Ape Yacht Club Ethereum NFTs and the ApeCoin token are unregistered securities, according to Bloomberg. The report, which…
Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications (dApps). Zk-rollups are a much-hyped layer-2 scaling solution that…