Business
The proposed capital injection would fund partial creditor recoveries and leave OPNX with a 75% stake in the troubled crypto lender.
DeFi
Virtual Private Network users appear to be barred from accessing the DAI lending market just as an 8% enhanced savings rate for the stablecoin took effect.
Executives from Huobi have denied reports that executives from the crypto exchange are the subject of an investigation.
The DeFi protocol opened the bounty to the public after the deadline for the hacker to return stolen funds passed.
Frax founder Sam Kazemian’s calls for more autonomous DeFi protocols underscore the need for innovation and security in the ecosystem.
The mysterious creator of the BALD token looks more like a regular DeFi degen than the former FTX CEO Sam Bankman-Fried.
Tech
Polygon Zero accused the developers of rival Ethereum Layer 2 scaling solution zkSync of copying code from its Plonky2 library without proper attribution.
The proposal’s author believes the purchase would send a strong signal of “DeFi supporting DeFi” and allow the Aave DAO to strategically position itself in the Curve wars.
Bitcoin
Mystery solved: Ilya “Dutch” Lichtenstein has pleaded guilty to the 2016 hack of Bitcoin exchange Bitfinex.
Some of the $290 million worth of stolen funds from Alphapo, CoinsPaid, Atomic Wallet and Harmony were moved across hundreds of addresses.
