defi

Sui's Radical Bitcoin DeFi Plan: Will It Empower the People?

Sui's Radical Bitcoin DeFi Plan: Will It Empower the People?

Sui's diving headfirst into the Bitcoin DeFi pool with sBTC, and frankly, it's about time someone shook things up! Is this merely another techy buzzword bingo, or might it truly return power to the people? Let’s face it, it’s hard to argue that the financial system isn’t a gilded cage,...
Sui Network Set to Unlock Bitcoin DeFi Potential via sBTC Integration

Sui Network Set to Unlock Bitcoin DeFi Potential via sBTC Integration

Sui Network is on a trajectory to transform decentralized finance (DeFi) by incorporating sBTC, a one-to-one Bitcoin-backed asset from Stacks. This integration provides the Sui Network ecosystem with a decentralized, secure, and programmable Bitcoin asset. It opens up electrifying new opportunities across its ecosystem. This move opens the floodgates for...
ALPACA's 700% Pump After Delisting Is A DeFi Wake-Up Call

ALPACA's 700% Pump After Delisting Is A DeFi Wake-Up Call

The ALPACA token's recent 700% surge after being delisted from Binance isn't just a quirky anomaly. No, it’s not just a flashing red light reminding DeFi enthusiasts to guard against risky crypto practices. It's a DeFi wake-up call. We have to have a discussion about regulation, investor protection, and the...
XenDex: The XRPL DeFi Hub Ready to Explode After Presale?

XenDex: The XRPL DeFi Hub Ready to Explode After Presale?

The XRP Ledger (XRPL) is overflowing with innovation these days. XenDex is making the leap and taking the lead in jumping over to the forefront. This one-stop-shop non-custodial decentralized exchange (DEX) provides a complete suite of DeFi functionalities to the XRPL ecosystem. We believe it has the potential to completely...
Loopscale's Hack: A Win for DeFi or a Dangerous Game?

Loopscale's Hack: A Win for DeFi or a Dangerous Game?

DeFi. The Wild West of finance. We’re sold liberation, democratization and a future without the burden of centralized governance. What happens when the sheriff is a co-conspirator — when the sheriff is AWOL, or asleep at the wheel? What about when the pirates come rolling into town and abscond with...
Loopscale's $2.8M DeFi Heist: Lessons Learned & Bounty Tactics

Loopscale's $2.8M DeFi Heist: Lessons Learned & Bounty Tactics

The rapidly evolving landscape of decentralized finance (or DeFi) is filled with promise, but also threat. DeFi has created unique opportunities that never existed before. For example, just last month, Loopscale, an emerging DeFi project, lost $2.8 million in a smart contract exploit from a highly technical hack. This event...
DeFi Hacks: Is Loopscale Bounty Model Sustainable?

DeFi Hacks: Is Loopscale Bounty Model Sustainable?

Loopscale is still celebrating with its partial recovery of money and victory. This success is made possible thanks to a 10% bounty offer. Before we uncork the champagne, let's ask a tougher question: Are we setting a dangerous precedent? Are we truly rewarding criminal behavior here and actually incentivizing more...
Loopscale Recovers $2.8M After DeFi Exploit and Bounty Negotiation

Loopscale Recovers $2.8M After DeFi Exploit and Bounty Negotiation

Loopscale, a decentralized finance (DeFi) platform, has managed to recover around $2.8 million after being exploited in a major exploit over the weekend. Negotiations with the exploiter, who stole $6 million in assets from Loopscale’s multi-chain vaults on April 26, preceded this recovery. This incident is illustrative of an alarming...
Trust Wallet's Stablecoin Earn: DeFi Democratization or Regulatory Minefield?

Trust Wallet's Stablecoin Earn: DeFi Democratization or Regulatory Minefield?

Trust Wallet's new "Stablecoin Earn" feature sounds fantastic on the surface: put your dormant stablecoins to work, earn passive income, and all within the familiar interface of your wallet. Democratizing DeFi, as they say. Or is this really just about putting power in the hands of the everyday user? Or...