Decentralized Finance

Tornado Cash coin mixer’s governance lets its guard down, loses control
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23 May, 2023

Tornado Cash coin mixer’s governance lets its guard down, loses control

An unidentified attacker has assumed control of the Tornado Cash DAO governance after tricking users into approving a proposal that...
DeFi is subject to regulation, CFTC Chair Rostin Behnam says
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22 May, 2023

DeFi is subject to regulation, CFTC Chair Rostin Behnam says

The CFTC chair argued that decentralized digital asset exchanges will be regulated regardless of how they’re constituted—it’s just a matter...
UK Treasury wants public input on proposed tax for DeFi transactions
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2 May, 2023

UK Treasury wants public input on proposed tax for DeFi transactions

The consultation, running until June 22, will be carried out by HM Revenue and Customs, seeking public comments from investors,...
UN Cybercrime Treaty could lead to increased surveillance of ‘crypto’ industry worldwide
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18 April, 2023

UN Cybercrime Treaty could lead to increased surveillance of ‘crypto’ industry worldwide

The new treaty on cybercrime comes at the back of rising illegal digital asset transactions through anonymity, allowing perpetrators to...
Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit
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17 April, 2023

Hackers mint 1 quadrillion yUSDT in $11.6M Yearn Finance exploit

The hackers exploited a vulnerability in an outdated Yearn Finance contract, minted the yUSDT and swapped it for millions of...
Ethereum developers are fiduciaries too
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17 April, 2023

Ethereum developers are fiduciaries too

What distinguishes a ‘core developer’ from anyone interested in the project? The answer is control and authority: core devs have...
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