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After April's $606 Million in DeFi Hacks, What's the Fair Value Yield Rate?
After April's $606 Million in DeFi Hacks, What's the Fair Value Yield Rate?

$606 million in DeFi exploits in one month. Two of the space's sharpest risk thinkers debate whether lenders are being paid anywhere close to enough.…

1 week, 5 days ago

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Pump.fun’s $370M Burn Was a Mistake, Says Luca Netz: Uneasy Money
Pump.fun’s $370M Burn Was a Mistake, Says Luca Netz: Uneasy Money

Pump.fun set fire to $370 million in tokens. Luca lays out the airdrop math that says they should have done the opposite.


Thank you to our sponsors!…

1 week, 6 days ago

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The Chopping Block: Defi United’s “Bailout,” MegaETH’s KPI Vesting, and Prediction Market Chaos
The Chopping Block: Defi United’s “Bailout,” MegaETH’s KPI Vesting, and Prediction Market Chaos

Is the era of protocol bailouts upon us? The Chopping Block crew and MegaETH's Shuyao Kong debate Defi United’s community-funded rescue, the KPI vest…

2 weeks ago

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How Microsoft Won the OpenAI Fight as Markets Rally on Iran
How Microsoft Won the OpenAI Fight as Markets Rally on Iran

One side wins the OpenAI-Microsoft divorce, Ram calls a 19% earnings growth year 'bananas,' and Chris wants the US to hack back against DeFi exploite…

2 weeks, 1 day ago

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How Microsoft Won in Its Revised Deal With OpenAI
How Microsoft Won in Its Revised Deal With OpenAI

Microsoft restructured its agreement with OpenAI, and Ram Ahluwalia has a clear verdict: Microsoft won. 

In this segment from Bits + Bips, Ram explai…

2 weeks, 1 day ago

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How Morpho Survived a $300M DeFi Hack With Only $1M Exposure
How Morpho Survived a $300M DeFi Hack With Only $1M Exposure

People think of Aave and Morpho as competitors. But Morpho only lost $1 million when North Korea drained $300M from a DeFi protocol. The architecture…

2 weeks, 2 days ago

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3. Why Aave's Unified Pool Turned a Bridge Hack Into $193M in Bad Debt
3. Why Aave's Unified Pool Turned a Bridge Hack Into $193M in Bad Debt

Luke Leasure and Shaunda Devens of Blockworks Research explain how three compounding failures, Kelp's one-of-one bridge signer, Layer Zero's permissi…

2 weeks, 4 days ago

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Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack
Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack

KelpDAO’s hackers left telltale signs pointing to one culprit, North Korea. Then, in a surprise move, the Arbitrum Security Council decided to fight …

2 weeks, 4 days ago

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Did Arbitrum Violate DRPK's Property Rights? No, Because It Wasn't Their Property
Did Arbitrum Violate DRPK's Property Rights? No, Because It Wasn't Their Property

The $300M KelpDAO exploit became a watershed moment for DeFi, and the Arbitrum Security Council voted froze $70M worth of stolen funds. Is this a sli…

2 weeks, 6 days ago

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DEX in the City: KelpDAO vs. LayerZero: Who Is Liable When a DeFi Protocol Is Hacked?
DEX in the City: KelpDAO vs. LayerZero: Who Is Liable When a DeFi Protocol Is Hacked?

A $300M bridge exploit is forcing the question DeFi has been avoiding: when users lose money, who is actually responsible — the protocol, the infrast…

3 weeks ago

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