Judge says it could be ‘improper’ to order Bitfinex hack funds returned

The fund is available only for accredited investors. Its basket includes native tokens from Bittensor, Filecoin, Livepeer, Near, and Render.

The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022. In an Aug. 29 public service announcement on the FBI's Internet Crime Complaint Center, the agency said the exploits have caused investors to lose money —…

The Maker Foundation has handed governance over the smart contract that underpins the MakerDAO (MKR) protocol to MKR token holders.Describing the move as the project’s “most significant step” toward decentralized governance, the foundation announced that a three month long transition of power to the community had been finalized. “The MKR token contract is now 100%…

Today the open interest on Chicago Mercantile Exchange Bitcoin (BTC) futures reached a new all-time high at $841 million. Although this can't be deemed bullish on a standalone basis, it does signal that professional investors' interest in Bitcoin continues to grow at an immense rate. CME Bitcoin futures open interest in USD terms. Source: SkewFutures premium provides…

While global markets are experiencing tough times amid the coronavirus pandemic, the crypto industry is getting stronger as its core players have tapped one of the biggest crypto mergers in history.Binance, the world’s biggest cryptocurrency exchange, has reached an agreement to acquire CoinMarketCap (CMC), one of the most-referenced crypto data websites, in an undisclosed deal.…

Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance.According to ZenGo researcher Alex Manuskin, at least one of its users lost more than $140,000 worth of Uniswap's UNI tokens even…

This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash. Uniswap saw a trend reversal and overtook Ethereum regarding network fees paid. However, not all DeFi protocols were as lucky, as Bancor had to pause its “impermanent loss protection” in the wake of a hostile market.DappRadar’s report shows…

Binance’s proactive security measures and industry collaborations lead to the recovery of $73 million in stolen funds by mid-2024.