Helio protocol had a total value locked of approx. $90 million before the incident.
Decentral Block Post
Mazars says users' BTC reserves on Binance are fully collateralized
The scope of the AUP was limited to users' BTC holdings on Binance.
Security in crypto comes from liquidity or the lessons we learned after FTX
Following the FTX fiasco, retail and institutional investors alike are now looking to draw valuable conclusions.
Proactive sanctions can help spare the ecosystem: Chainalysis exec
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.
Report outlines reasons why stakeholders are against CBDC
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.”
Chainlink launches staking to increase the security of oracle services
Stakers will earn Chainlink tokens as they participate in a decentralized alerting system that flags the network when feeds are not meeting performing requirements.
ConsenSys will shorten MetaMask data retention to 7 days following privacy discourse
The firm sparked controversy last month after disclosing MetaMask's data collection practices.
Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX's operating expenses currently amount to $5 million per year.
BTC difficulty drops by the biggest margin since 2021
Bitcoin mining difficulty has dropped by its biggest margin since July 2021 amid difficult conditions for miners.
Goldman Sachs reportedly looking to buy crypto firms after FTX collapse
Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms.
Silvergate CEO calls out 'short sellers' spreading misinformation
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”
Rumors of a new native 'Twitter Coin' emerge while Dogecoiners remain hopeful
Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin."
Ripple CTO shuts down XRP conspiracy theory from ChatGPT
An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.
Kentucky to scrutinize contracts offering cheaper electricity to miners
An Earthjustice lawyer said the hearings and discovery process would give Kentuckians a good idea what they would be paying for by subsidizing the facilities.
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.
Vitalik Buterin discusses his 'excitement' for the future of Ethereum
Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy.
USDC issuer Circle terminates SPAC merger with Concord
The deal previously valued Circle at $4.5 billion in July 2021 before an upwards revision to $9 billion in February 2022.
Crypto layoffs trigger mixed responses from the community
From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs.
Pakistan launches new laws to expedite CBDC launch by 2025
The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years.