DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, …
Billions
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Billions Network (BILL) is suddenly everywhere again, and no, it’s not just another random low-float pump pretending to be infrastructure. The AI-focused …
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DeFi
In the Wake of Recent Events, Billions of Dollars Are Flowing Out of an Altcoin Network
by shayaanby shayaanFollowing the KelpDAO-related rsETH crisis, infrastructure preferences in the DeFi ecosystem are beginning to reshape, with reports indicating that some major protocols, …
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Markets
CZ says SBF asked for billions 'like a Bologna sandwich' as FTX collapsed
by shayaanby shayaanIn his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison’s $22 …
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Finance
US frees up billions for banks while quietly admitting SVB’s core failure never went away
by shayaanby shayaanWashington is in a generous mood with its banks. In March, federal regulators unveiled a sweeping overhaul of capital requirements (the financial …
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DeFi is addressing a key inefficiency as protocols move to reclaim value once captured by external Maximal Extractable Value (MEV) bots during …
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Markets
BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail
by shayaanby shayaanIn his annual letter, BlackRock CEO Larry Fink argues that digital wallets and tokenized assets could modernize markets and expand investor access. …
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Crypto analyst X Finance Bull has laid out a detailed theory explaining why XRP’s large token supply, often criticized as a weakness, …
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Circle minted $8 billion in $USDC during the crypto downturn. $USDC has overtaken $USDT in adjusted transaction volume for the first time …
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Smart Contracts
Crypto’s obsession with on-chain security lets off-chain mistakes cost billions, analysts warn
by shayaanby shayaanHacking analysts say many crypto companies are failing to meet even the baseline cryptocurrency security standard, leaving billions exposed to insider threats …