ethics

Picture this – you wake up, check your DeFi portfolio and…surprise!…almost six million dollars just disappeared. That's the gut-wrenching reality for users of Loopscale's USDC and SOL vaults after the recent hack. But here's the kicker: Loopscale essentially paid the hacker a $580,000 "whitehat" bounty and gave them immunity from...

Loopscale made a deal with a hacker. They got most of their money back. Sounds like a win, right? Maybe not. This ends up being not a straightforward “good guys win” narrative, but rather a possible Pandora’s Box for the whole DeFi paradigm. Let's unpack the implications, shall we?Is Extortion...

Sarah, a single mom, suddenly finds herself spending hours researching DeFi platforms. She’s duly encouraged by the prospect of earning better yields than her old savings account. She plows all of her life savings into KiloEx. She wants to create a nest egg for her daughter to help pay for...