What Happened on Nov. 2nd|Deribit Hot Wallet Hacked for $28M
DeFi
- Solana-based lending protocol Solend detected an oracle attack on USDH, resulting in about $1.26M in bad debt. Source
- Cross-chain DeFi aggregator Rubic's single wallet private key has been compromised. Source
- Lido on Solana will upgrade to V2 in the middle of November. Source
- Treasury management protocol Aera will launch on Polygon. Source
- New Order DAO will airdrop $Y2K to $veNEWO lockers. Source
- DeFi Aggregator Furucombo is now live on Arbitrum. Source
- Compound community started to vote on the proposal regarding reducing collateral factor cSUSHI from 73% to 70%. Source
CeFi
- $28 million was stolen from Deribit's hot wallet, and the loss will be covered by Company reserves. Source
- CZ: Binance team will monitor and help freeze any stolen funds that come in. Source
- MicroStrategy posts third-quarter loss after revenue decline. Source
- Payment platform Worldpay will enable $USDC settlement on Polygon. Source
Infrastructure
- Chainlink introduces low-latency Oracle solution for the DeFi derivatives market. Source
- Pyth data feeds are available on Ethereum and Optimism via Wormhole. Source
- zkSync releases new SDKs in Java, Python, and Go. Source
Metaverse & NFTs
- Goblin Sax is launching an instant NFT-backed loan service. Source
- PeckShieldAlert: NFT project Art Gobblers impersonators ramp up the fake public mint raffle. Source
Policy & Regulation
- Circle receives In-Principle Approval from the Monetary Authority of Singapore. Source
- The Monetary Authority of Singapore's first industry pilot for digital asset and DeFi goes live. Source
- Judge denies Celsius’ motion to pay employees $3 million in retention bonuses. Source
Fundings
- Tharsis Labs, the core developer of Evmos, closed a $27 million seed round led by Polychain Capital. Source
- WEMIX's operator Wemade closes about $46.57 million in convertible debt financing with participation from Microsoft and others. Source
- DeFi Protocol Centrifuge closed a $4 million strategic round with participation from Coinbase Ventures and others. Source
- Crypto investor CoinFund seeks to raise $250 million for its seed fund. Source
DeFi
Ethereum
NFT
Exchanges
Fund Raising
Binance
Stablecoins
Security Incidents
Deribit
Solana
Lido
Staking
Cosmos
Layer 2
Oracle
Policy and Regulation
Polychain Capital
Coinbase Ventures
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