Decentralized Finance

Video

‘Happy Ending’ to DeFi’s Largest Hack

The attacker who hacked more than $600 million from the China-based Poly Network platform has released the private key for the remaining $141 million of the stolen cryptocurrency, putting a “happy ending” to the weeks-long saga.

By CoinDesk Staff

Aug 23, 2021 at 5:33 p.m. UTC

Aug 23, 2021

DeFicdtvHash clipDecentralized FinancePoly NetworkPoly

Video

Defi

SEC Chair Gary Gensler Says DeFi Not Immune to Oversight

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler warned decentralized finance (DeFi) projects that reward participants with incentives or digital tokens could be subject to SEC regulation. “The Hash” hosts discuss the outlook for the DeFi regulatory landscape and how this could enable a “robust push” towards more decentralization.

By CoinDesk Staff

Aug 19, 2021 at 5:10 p.m. UTC

Aug 19, 2021

DeFiSECSecurities and Exchange CommissioncdtvHash clipGary GenslerDecentralized Financecrypto regulation

Video

Defi

Poly Network Attacker Threatens to Delay Return of Funds, Holds $141M Hostage

Poly Network, the China-based blockchain protocol exploited earlier this month for more than $600 million, sent a bounty worth nearly $500,000 to the attacker. Most of the looted cryptocurrency has been recovered, but the attacker has yet to provide a key needed to unlock the remaining $141 million.

By CoinDesk Staff

Aug 19, 2021 at 5:10 p.m. UTC

Aug 19, 2021

DeFicdtvHash clipDecentralized FinancePoly NetworkPoly

Video

Defi

Breaking Down the Poly Network Hack, the Largest DeFi Attack in Crypto History

Joseph McGill of crypto-tracking software firm TRM Labs shares insights into the Poly Network hack, the largest DeFi attack in crypto history, and how his firm is helping combat the risks of open finance. Plus, debunking the potentially false narrative about criminal activity in crypto.

By CoinDesk Staff

Aug 19, 2021 at 4:05 p.m. UTC

Aug 19, 2021

DeFicdtvFM ClipDecentralized FinanceCDSpotlight_SponsorTRM LabscyberattackJoseph McGillHack

Markets

Ethereum

Poly Network Sends Bounty as Attacker Holds $141M Hostage

Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.

By Bradley Keoun

Aug 19, 2021 at 1:45 p.m. UTC

Aug 19, 2021

EthereumDecentralized FinanceDeFiExploitsPoly Network

Markets

Crime

Poly Network Attacker Threatens to Delay Return of Funds

"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.

By Bradley Keoun

Aug 18, 2021 at 8:40 p.m. UTC

Aug 18, 2021

CrimeEthereumDecentralized FinanceDeFiExploitsPoly Network

Markets

Decentralized finance

Eqonex Launches Peer-to-Peer Crypto Lending Marketplace for Institutions

The platform will avoid rehypothecation and automate lending to offer an application that can compete with both over-the-counter desks and DeFi lending protocols.

By Nate DiCamillo

Aug 17, 2021 at 8:54 a.m. UTC

Aug 17, 2021

Decentralized FinanceCrypto LendingEqonex Group

Video

Defi

Poly Network Hacker Returns Most of Stolen Funds, Refuses $500K Reward

The attacker behind the Poly Network hack who drained the decentralized finance (DeFi) platform of over $600 million in crypto has returned most of the stolen funds. Poly offered a $500,000 “Bug Bounty” reward to the hacker for returning the funds, but the hacker declined.

By CoinDesk Staff

Aug 13, 2021 at 5:38 p.m. UTC

Aug 13, 2021

DeFicdtvHash clipDecentralized FinancePoly NetworkPoly

Video

Defi

Crypto Fundraising DAO Loses Over $7M in Latest Crypto Exploit

Another day another decentralized finance De Fi hack DAO Maker a fundraising platform for upcoming crypto projects that has no relation to the more widely known Maker DAO was exploited Thursday resulting in a loss of more than 7 million The Hash team discusses the potential downside of De Fi’s composability with great possibility comes [...]

By CoinDesk Staff

Aug 12, 2021 at 7:37 p.m. UTC

Aug 12, 2021

DeFicdtvHash clipDecentralized Financecrypto hackDAO Maker