Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.
The platform will avoid rehypothecation and automate lending to offer an application that can compete with both over-the-counter desks and DeFi lending protocols.
Despite a bearish market, Genesis’ Q2 was the firm’s largest quarter to date.
Dragonfly Capital led the funding round with participation including Robot Ventures and Bain Capital.
The new fund joins a growing number of offerings seeking to help investors easily bet on growth in decentralized finance (DeFi).
Ether's milestone comes surging trader interest in the leading smart-contracts blockchain.
The attack happened just a few days after another DeFi protocol was attacked on Binance Smart Chain.
Money's three social functions – storing value, exchanging it and providing a unit of account – are unraveling, with dramatic implications, says EYQ's Insights Director.
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.
Market chaos fueled by a large group of Reddit traders faces strong opposition from Wall Street as the Biden administration looks on.
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.
DeFi indices on FTX and Binance continue to plummet.
Why all the hype behind yield farming and food-inspired tokens? Should investors take them seriously or are they a fading trend?
Some traders anticipate the leading cryptocurrency to significantly outperforming the entire crypto market for at least the next several months.