The hacker exploited a weakness in a smart contract code, allowing them to drain funds from certain crypto wallets. Crypto “whales” accounted for 85% of the losses.
Wall Street trading firm Jane Street made its first stride into decentralized finance De Fi by taking out a 25 million loan in USDC from Block Tower Capital via the marketplace Clearpool The Hash group discusses the early stages of Wall Street’s embracement of De Fi touching on yields and regulatory concerns as institutional players [...]