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DeFi

Stories tagged DeFi, newest first.

Cover image: Ethereum layer-2 network Blast to shut down as costs outstrip revenue
Crypto

Ethereum layer-2 network Blast to shut down as costs outstrip revenue

Once holding more than $2bn in crypto assets, Blast says running the chain no longer makes economic sense and has given users until 26 October to withdraw through its interface.

Cover image: Bitget CEO says exchange does not expect to recover much of its $388m hack
Crypto

Bitget CEO says exchange does not expect to recover much of its $388m hack

Only about $1.1m of the stolen crypto has been frozen so far, Gracy Chen told CNBC, while cross-chain service Near Intents separately lost about $3.8m to an exploit.