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Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

The company that built decentralized finance (DeFi) powerhouse Balancer is closing. Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated and funded the decentralized exchange protocol, will be shutting down. The decision comes roughly five months after a v2 exploit… Read More

Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight

1 month ago by Crypto InsightsCrypto

Eric Trump, one of the sons of U.S. President Donald Trump and a co-founder of crypto firm World Liberty Financial, went after the banking industry Tuesday over their opposition to allowing stablecoin yield in crypto market structure legislation. “Big Banks (think JPMorgan Chase, Bank of… Read More

Ethereum co-founder Vitalik Buterin warns decentralized stablecoins still have deep flaws

3 months ago by Crypto InsightsCrypto

The Ethereum co-founder argues that price benchmarks, oracle security and staking incentives remain unresolved challenges for decentralized stablecoins.