Pancake Bunny hacker siphons $2.9M of Ether through Tornado Cash

Researcher argues that fixed rate lending and borrowing would bring DeFi closer to traditional finance DeFi lending protocols have attracted billions of dollars in liquidity provision by offering huge returns, however the sector badly needs more fixed rate lending options according to one researcher.A number of protocols, including Yield Protocol, UMA Protocol, and Mainframe are…

Telegram has dropped its appeal against a U.S. federal court’s injunction that forbade Gram distribution, putting a halt to the TON project. 1998 Total views 39 Total shares Telegram has withdrawn its appeal against a United States federal court’s injunction that froze Gram token issuance and distribution, according to court documents dated May 22. The move…

Manta Pacific’s ZK-application-focused network will integrate with the Polygon ecosystem through the Chain Development Kit software. 54 Total views 1 Total shares Manta, a blockchain network focusing on zero-knowledge (ZK) applications, will migrate its software from OP Stack to Polygon CDK, according to an October 16 announcement. This means that Manta will not be integrated

Ethereum slips below $4,000 as an anticipated correction suddenly takes hold of crypto markets. 1558 Total views 63 Total shares Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bites into major buy walData from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $58,000…

The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3. 176 Total views 1 Total shares Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure.The Nym Innovation Fund will draw capital from venture capitalist

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular DeFi lending protocol Yield announced

The Central Bank of Brazil has moved to classify bought or sold cryptocurrency assets per International Monetary Fund (IMF) guidelines.Brazil’s central bank announced its decision on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will be classified as non-financial products and as such, will be accounted as goods on the central bank’s…

Gary Gensler fuels a BTC price rebound Wednesday, but unclaimed moving averages are causing a headache for traders on longer timeframes. 1093 Total views 30 Total shares Bitcoin (BTC) hit 24-hour highs later on Wednesday as fresh comments from the United States regulatory sphere boosted flagging price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGensler bullish…