decentralized finance
-
$455 Million Vanishes From Crypto Platform Wormhole After Apparent Hack
Yet another thunderous crypto theft has descended from the heavens, predictably threatening to bankrupt everyone involved. The aptly named Wormhole, a DeFi cross-chain protocol, announced Wednesday that it had been the victim of a previously unknown exploit, the likes of which allowed a hacker to suck some $US325 (around A$455) million worth of crypto from…
-
Exiled WallStreetBets Mods Want to Make a Blockchain-Based Hedge Fund
As praises from celebrity investors and movie deals rained on the subreddit/memestock trading floor WallStreetBets, its two contingents of its moderators went to war, each accusing the other of profiteering off the community’s newfound fame. Now, those beaten in the squabble intend to start a competing community which will act like a “decentralised hedge fund.”