Pyth DAO Approves ‘100% Rule’ Directing Its Share of Product Revenue to PYTH Buybacks
The change replaces monthly votes with one standing authorization after the DAO's monthly purchases fell from about 2.75 million PYTH in March to...
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Reporting, research and analysis from across the web3 ecosystem.
Uniswap DAO votes to take back $42m of governance tokens loaned to delegates
The digital cooperative governing Uniswap, the biggest decentralised exchange, is voting on a proposal to take back some $42 million worth of...
Aave secures emergency hearing to void ‘catastrophic’ restraining order
An emergency hearing on Wednesday could determine whether the relatives of a slain minister are entitled to $71 million in crypto that was nearly...
Crypto industry reels as April sees highest number of hacks ever
April was a bad time for the crypto industry. Over the past month, 29 crypto projects have suffered hacks or exploits, the highest monthly tally...
DeFi lender Sky hits $124m revenue record. Yet token holders aren’t impressed
Sky is the most profitable it has ever been — and it might have institutions to thank for that. On Wednesday, the Sky Frontier Foundation...
Aave-led 'DeFi United' campaign raises $300m to address Kelp DAO breach
A version of this story appeared in The Decentralised newsletter on April 28. Sign up here. There’s been a silver lining to this month’s...
Aave publishes plan to plug $246m hole left by Kelp DAO attackers
Aave and Compound are moving closer to plugging the $246 million hole left by the Kelp DAO hack. On Tuesday, DeFi United, a coalition of several...
Justin Sun announces $20m boost for Aave as he calls on lender to expand to his blockchain
Crypto mogul Justin Sun has announced a $20 million liquidity injection for Aave, and called on the top DeFi lender to expand to Tron, the...