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Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack – Bitcoin News

The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives Exchange Deribit Loses $28 Million —

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A16z Doesn’t Support Plan to Break Up DeFi Giant MakerDAO

"Currently, MakerDAO is wrestling with the trade-offs between growing the protocol or hardening it against regulatory risks,” Dustin Teander, an analyst at crypto intelligence platform Messari, told CryptoX. “Decentralization has to play a part of course, but a small, decentralized product doesn't actually solve the market problem for the people

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