Week in DeFi: Curve Founder OTC Deals, BOLD by Offchain Labs, BALD Rugs Curve founder sells CRV in OTC deals to repay his CRV loans, while Base plans to open mainnet to the public on August 9. Check out the top DeFi news in our weekly roundup!
Chaos rocked the DeFi world as established protocols instrumental to DeFi came under attack. But rain or shine, ecosystems keep building and protocols stay shipping. Stay updated and stay tuned for next week’s edition, and keep supporting your favorite projects,This article contains links to third-party websites or other content for information purposes only .
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Morning Bid: Markets yield to U.S. curveThe surge in bond yields is driving deterioration in risk appetite, especially U.S. market-based borrowing costs.
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Curve offering $1.85 million bounty for exploiter's identity (and conviction)Curve is offering a public bounty for identity information that leads to its exploiter's conviction — unless they return the funds in full.
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Curve Finance Sees 'About 70%' of Stolen Funds Recovered After Exploit: Nansen AnalystWhitehats hackers and attackers have returned over 73% of all funds stolen from Curve Finance after its early August exploit. Nansen analyst Sandra Leow recaps the events of what happened with Curve, which saw the platform lose millions of dollars worth of various tokens, causing contagion effects in the broader ecosystem.
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DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s crypto trading: Hodler’s Digest, July 30 – Aug. 5The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to consumers. Missed it? Catch up on more headlines you might have missed on the Hodler's Digest.
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Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph AcceleratorVelvet Capital, the DeFi asset management OS, is driving DeFi adoption through Cointelegraph Accelerator. Boosting DeFi usage and simplifying asset management on-chain!
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