203 articles
The organization is led by industry veteran Jake Chervinsky and backed with $29 million worth of HYPE.
Jake Chervinsky, CEO of the Hyperliquid Policy Center, said markets are migrating to blockchain, and the U.S. need to adopt new rules of risk being left behind.
The independent research and advocacy organization will be dedicated to ensuring that DeFi can flourish in the U.S., according to Hyperliquid.
The exploit saw the Moonwell protocol exploited for $1.78 million after cbETH was mispriced at $1.12 instead of about $2,200, intensifying debate around AI-co-authored smart contracts.
Ten years after the famous hack, the DAO Security Fund has decided to stake the untouched ETH and use the yield to fund Ethereum security initiatives, honor claims indefinitely, and professionalize go...
Trump-backed DeFi project World Liberty Financial is up on whale buying and a short squeeze, amid scrutiny over its $500 million UAE deal.
Moonwell confirmed roughly $1.8 million in bad debt after a misconfigured oracle priced cbETH incorrectly and triggered liquidations.
A misconfigured Chainlink price oracle on DeFi lender Moonwell briefly valued Coinbase Wrapped ETH (cbETH) at about $1 instead of roughly $2,200.
Bitwise CIO Matt Hougan said DeFi could help lead the market out of crypto winter, while Michael Saylor declared "spring is coming."
The error allowed liquidators to repay roughly $1 of debt to seize cbETH collateral, leaving Moonwell with nearly $1.8 million in bad debt.
Bitcoin Magazine Satoshi’s Exercise for the Reader The Bitcoin whitepaper is clear about Bitcoin’s core feature: it is permissionless. Anyone in the world can pay anyone by joining the peer-to-peer n...
BitMine Immersion Technologies is sitting on a nearly $8 billion unrealized loss, but Tom Lee remains optimistic about Ethereum.
