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Balancer overhauls tokenomics after $116M hack, ending emissions to stabilize BAL and restore sustainability
Balancer will overhaul its tokenomics, planning to stop all new BAL issuing, and instead start buybacks.
Exploit fallout forces crypto firm to wind down operations.
Venus Protocol, a BNB Chain lending platform, was hit by a suspected $3.7 million flash loan exploit on March 15. Security ...
Resolv's USR stablecoin plummeted 97% after hackers exploited a minting flaw to steal $25M in ETH, prompting emergency ...
The restructuring comes as analysts say older DeFi models built on token incentives and emissions are increasingly under ...
Blockchain analytics firm Chainalysis dissected the recent breach of the Resolv decentralized finance protocol (involving compromised private key).
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team. LIDO AVOIDS MAJOR ...
Cetus Protocol, the largest decentralized exchange (DEX) and liquidity provider on the Sui network, has been drained of $223 million worth of tokens in an apparent hack, according to Cetus Protocol on ...
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