CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)
Solana’s Wrapped Bitcoin Price Craters, Recovers After FTX Shuts Exit Ramp
FTX filed for bankruptcy and FTX US later froze withdrawals, before reversing course.
CDCROP: Sam Bankman-Fried speaks at Consensus C22 (CoinDesk)

(Pankaj Patel/Unsplash, modified by CoinDesk)
Inside the $3B DeFi Exploit of Acala's Crypto Platform
The exploit of one of Acala's liquidity pools demonstrates how easily billions of dollars can be siphoned from DeFi platforms, potentially wreaking havoc on an entire industry in a matter of minutes.
(Pankaj Patel/Unsplash, modified by CoinDesk)

(Westend61/Getty Images)
Polkadot Now Has a Decentralized Version of 'Wrapped' Bitcoin
Interlay introduces a decentralized and trustless wrapped bitcoin bridge for DeFi users on Polkadot who are wary of third-party custodians and merchants.
(Westend61/Getty Images)

Celsius CEO Alex Mashinsky (CoinDesk archives)
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
Celsius CEO Alex Mashinsky (CoinDesk archives)

Binance Logo (Maquette.pro/Shutterstock)
Binance Upgrades Blockchain Bridge to Connect DeFi and CeFi
The firm behind the exchange is continuing its infrastructure push.
Binance Logo (Maquette.pro/Shutterstock)

(Nico E./Unsplash)
What Are Blockchain Bridges and How Do They Work?
If you want to move tokens from one blockchain to another, you’ll likely need a blockchain bridge to allow those assets to travel.
(Nico E./Unsplash)

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Wrapped BTC, ETH Coming to Kadena's Decentralized Exchange
Tokensoft is wrapping bitcoin and ether so traders can access them on any one of Kadena’s chains.
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