The Latest Breaking News from DeFi

Hack VC and Blockchain Capital led the round.

The cryptocurrency business is losing more money to hackers, losses that have been overshadowed by the high-profile failures in the sector.

Crypto VC is in turmoil. Where will VCs spend their money?

Last month, Blockworks hosted its Digital Asset Summit (DAS) at the Royal Lancaster Hotel in London, England. During this event, builders, financiers and enthusiasts gathered to speak about the new world of finance and cryptocurrency that’s still developing.

Investors include Lightspeed Venture Partners, Jump Capital, and Castle Island.

Cryptocurrency exchange Huobi Global is accusing decentralized finance (DeFi) protocol pNetwork of staging a “terrorist attack” with a white hat hack just to make $4.5 million.

Blockchain startups raised an aggregate of billions of dollars through the bull market, but it’s no secret those days are at least temporarily halted. For most DeFi protocols and almost every NFT project, this is the 1st bear market these companies must conquer. 

BitBoy Crypto founder and YouTuber Ben Armstrong pulled no punches as he ranted against the chief executives of Coinbase Global (NASDAQ: COIN) and FTX.

Leading real estate investment platform Roofstock announced its first property sale via Ethereum’s blockchain. The transaction was enabled by Roofstock onChain (ROC), its web3 subsidiary and real estate brokerage alternative powered by a non-fungible token (NFT) marketplace built by Origin Protocol.

Cosmos (CRYPTO: ATOM) has blazed its path in blockchain by approaching the blockchain equation not with a single star blockchain but with its stated "internet of blockchains," with

You don’t have to be a fully-fledged decentralized finance (DeFi) startup like AshSwap or Curve Finance to enjoy the benefits of DeFi. Financial integration to the blockchain helps strengthen a company’s technology stack while raising capital. Incorporating elements of DeFi as a financial layer opens your business up to more…