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How many DeFi projects still have ‘God Mode’ admin keys? More than you think

Twelve out of 15 of the most popular decentralized finance protocols still have access to a ‘God Mode’ admin key, according to data on review platform DeFi Watch.These full-access controls allow developers to modify or replace the smart contracts underpinning their projects, including making adjustments to user balances.While admin keys

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Synthetix Takes Mimetic Trading Platform Out of Stealth Mode

Synthetix unveiled its new decentralized asset management platform dHedge, emerging out of stealth mode. dHedge takes advantage of non-custodial mimetic trading for Synths, or tokens that provide exposure to assets such as gold, Bitcoin and the U.S. dollar on the Ethereum blockchain. Synthetix founder Kain Warwick said dHedge will harness the full

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Sweden’s Central Bank Finally Embraces DLT – But Only in Simulation Mode

Sweden’s central bank will soon trial a blockchain-based digital currency – but it’s still in its very early stages, at best.Announced Thursday, Sveriges Riksbank’s e-krona pilot is the latest attempt at a central bank digital currency (CBDC) from an institution that for years fretted over basing any such project on

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