Collaboration of Evmos, Swing, Tashi, and Wormhole to address Cosmos’ liquidity challenges
Tashi and Swing will integrate Wormhole bridged tokens for USDC, USDT, wETH and others, potentially making Cosmos DeFi easier to use.
Tashi and Swing will integrate Wormhole bridged tokens for USDC, USDT, wETH and others, potentially making Cosmos DeFi easier to use.
DeFi exploits resulted in losses of over $16 million in August.
The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit.
The stablecoin issuer launched a service and API that allows developers to create customized wallets for their users.
Curve Finance’s dramatic exploit exposes DeFi, DoJ concerns of a run on Binance, and Hong Kong debuts retail crypto trading.
Curve Finance pools were targeted by hackers in a reentrancy attack on July 30, sending shockwaves across the DeFi ecosystem. Cointelegraph compiled the week’s events.
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.
Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory?
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
The total value locked in DeFi protocols remained below $50 billion after another week of exploits.