Decentralized derivatives protocol DEUS Finance hacked, loses at least $13.4M

Decentralized derivatives protocol DEUS Finance hacked, loses at least $13.4M

Blockchain security and data analytics firm, PeckShield has revealed that Fantom-based decentralized derivatives protocol DEUS Finance has faced another attack. DEUS Finance loses at least $13.4 million With the offensivehackers were able to run with $13.4 million in profits, PeckShield said in a Twitter threadadding that the overall losses for the company could be much…

Vertex Protocol has raised $8.5M to bring forex trading to Terra

Vertex Protocol has raised $8.5M to bring forex trading to Terra

Vertex Protocol, a decentralized exchange platform, announcement Tuesday that it had raised $8.5 million in seed funding. Hack VC and Dexterity Capital led the round, with Collab+Currency, GSR, Jane St., Hudson River Trading, Huobi, JST Capital, Big Brain, Lunatic Capital and other strategic angels also participating. Notably, Dexterity Capital and a number of other trading…

The long-awaited USN Stablecoin is now live on NEAR

The long-awaited USN Stablecoin is now live on NEAR

The highly anticipated decentralized stablecoin known as USN launched on Near Protocol today, according to the account address posted on Near’s official blockchain explorer. the USN stablecoin possesses faded away inhabit The launch confirms previous stablecoin rumors, which at the time contained only limited information about its specifics. The stablecoin is designed similarly to TerraUSD…

Andre Cronje calls for crypto regulations: “Crypto is dead Long live Crypto”

Andre Cronje calls for crypto regulations: “Crypto is dead Long live Crypto”

Andre Cronje is well known for his work in the Fantom ecosystem. Yearn Finance recently wrote an article critiquing crypto culture and sharing his thoughts on why the industry needs regulation. “The Rise and Fall of Crypto Culture” Cronje has published a new article titled The Rise and Fall of Crypto Culture on Medium. He…