The Axie Infinity hacked coins are on the move, Yearn pushes for a new standard, and DApp usage soars. All this and more in the latest Finance Redefined.
) were booted out of Grayscale’s popular Decentralized Finance Fund. The widely-popular DeFi protocol Yearn.finance announced its support for the newly-passed ERC-4626 tokenized vault standard.
The fundraiser is aimed at reimbursing lost funds from the recent exploit on Axie Infinity’s Ronin Bridge, which resulted in the loss of over $600 million. The funding round also saw participation from Animoca Brands, Andreessen Horowitz, Dialectic, Paradigm and Accel. The overall growth was impressive, considering that the cryptocurrency sector saw a short-lived bear market during the quarter and experienced $1.19 billion in DeFi hacks and exploits.Digital asset management firm Grayscale has added three new cryptocurrency assets across three main investment funds while removing two other assets from its Decentralized Finance Fund as part of this year’s first quarterly rebalance.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Markets Daily Crypto Roundup: Crypto Update 4/7/22 | The Bigger Problem With Axie Infinity on Apple PodcastsPlay-to-earn giant Axie Infinity has been slammed trying to resolve its latest exploit; however, it has a bigger problem to fix. The hack is a good example of the vulnerabilities of cross-chain tools such as bridges, but how can they solve them? Listen:
Read more »
Axie Infinity’s financial mess started long before its $600 million hackCrypto makes a difficult game design problem even harder.
Read more »
Out of prison, TikTok influencers are reshaping how we think about life behind bars“It’s kind of ironic, but prison TikTok is one of the most positive places on the app.” Formerly incarcerated people are using TikTok to reshape what the world thinks about life behind bars. Column by keribla, published in partnership with MarshallProj.
Read more »
Though ‘stealth’ omicron cases are climbing in Chicago, top doctor doubts another major surge is on the way: ‘I am not alarmed’New daily cases in Chicago have again topped 300, still far below the height of the omicron surge.
Read more »
Donald Glover Interviews Donald Glover'Everyone I meet who’s active on the internet looks tired as fuck in real life.' - donaldglover
Read more »
‘Russian Doll’ Travels Back to the ’80s in Season 2 TrailerThe time-bending Netflix dramedy starring co-creator Natasha Lyonne has unfinished business.
Read more »