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Decentralized finance (Defi) analytics platform DefiLlama appears to have resolved the internal conflict within its team that had earlier threatened a “forking” of the platform. Potential trouble at DefiLlama was first revealed when developer 0xngmi claimed in a March 19 Twitter post that DefiLlama was “undergoing a hostile takeover,” with
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The decision to launch the token did not sit well with most DefiLlama contributors who have now openly rejected it. There is an ongoing dispute among the employees of the decentralized finance analytics dashboard DefiLlama. According to an employee simply identified as 0xngmi, the company’s founders are planning a ‘LLAMA’
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A dispute has taken place within the decentralized finance (DeFi) analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend. The dispute centers on the company's plans to launch a token. On March 19, pseudonymous developer at DefiLlama 0xngmi announced the firm's team was
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The Federal Reserve is investigating the factors that led to the failure of Silicon Valley Bank — including how it supervised and regulated the now-collapsed financial institution. In a Mar. 13 announcement, the Federal Reserve outlined that Vice Chair for Supervision Michael Barr is “leading a review of the supervision
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Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry — internal documents from the government have revealed. The documents, obtained by The Australian Financial Review under Freedom of Information laws,
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In reaction to the current market outlook, in November last year, Stripe laid off as many as 1,120 of its workers.Irish-American financial services and SaaS company Stripe has received its second valuation cut in 6 months, a sign that the fintech ecosystem is yet to recover from the underlying strain
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Exchange volume has dropped by 23% as market concern grows around the health of Huobi Original Source
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Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures. Source
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Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company. Source
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Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract. Following the revelation, Transit Swap issued an apology to the users while efforts to track down and recover the stolen funds are underway.“We are deeply sorry,” stated
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