This Week in DeFi: Hack Blunders, Decentralization Plans, and Financial Mayhem
This week in DeFi: comical hack attempts, the push for decentralization, and impacts from sudden market turns. Get the scoop now!
Beanstalk Farms Reemerges Stronger: The Comeback of an Algorithmic Stablecoin
Beanstalk Farms reemerges after a $77M exploit, shifting governance and securing funding. What’s next for the algorithmic stablecoin BEAN?
Fei Protocol’s Bold Move After $80 Million Rari Fuse Hack: The Future of Tribe DAO
Explore Fei Protocol’s TIP-121 proposal post-Rari Fuse hack, aimed at community reimbursement and asset recovery.
Alarming Trends in DeFi: Over $1.6 Billion Stolen in 2022
2022 sees a record $1.6 billion stolen in DeFi hacks. March and April were particularly brutal months for the crypto world.
Devastating DeFi Breach: Beanstalk Farms Loses $182 Million in a Security Nightmare
Beanstalk Farms suffers a $182 million loss due to a security breach and controversial governance proposals leading to a flash loan attack.
Beanstalk Farms Offers 10% Bounty After $76 Million Exploit
Beanstalk Farms offers a 10% bounty on $76 million stolen in exploit. Can they recover the funds? Find out their next steps and options.