03 Dec 2021

Someone stole $120 million in crypto by hacking a DeFi website

On Wednesday night, someone drained funds from multiple cryptocurrency wallets connected to the decentralized finance platform BadgerDAO. According to the blockchain security and data analytics Peckshield, which is working with Badger to investigate the heist, the various tokens stolen in the attack are worth about $120 million. While the investigation

Read More
26 Nov 2021

The Rise Of NFTs And dApps That Are Building A Home Away From Ethereum

The birth of Ethereum introduced the concept of smart contracts to the cryptocurrency world for the first time and with it, decentralized applications (dApps), the applications that operate automatically without the top-down oversight by any one company or individual. But what dApps brought to the table in terms of innovation was

Read More
26 Nov 2021

Plot of digital land in the metaverse sells for record $2.43 million

Virtual real estate is on a tear. A plot of virtual land in the online world known as Decentraland sold this week for a whopping $2.43 million, more than double the previous record set for the price of virtual real estate. Decentraland is a popular online environment where users can exchange cryptocurrencies

Read More
10 Feb 2021

Wallstreetbets’ Denial of Hedge-Funding Hack Could Slow DeFi Boom

Last month’s market anarchy, where two-million-plus (at the time), day-trading individual investors unleashed the peer-to-peer power of social media to crush some of Wall Street’s top hedge funds, may indicate a coming use of existing legislative and regulatory methods to not only mitigate the ability of small investors to disrupt market, but, according to our research, spell increased regulations for the world of decentralized finance (DeFi).

The ‘wallstreetbets’ forums on Reddit and Discord allegedly sparked the madness as mostly young investors pumped share prices in companies hedge funds has shorted (like video game retailer GameStop) over 1,625% last month. Market mania swept online message boards, as GenY and Z traders piled into online brokerages like Robinhood and TD Ameritrade en masse to squeeze institutional short sellers like a vice.

Read More
29 Jan 2021

Camila Russo on Ethereum and the Future of Decentralized Finance (DeFi)

This week’s OODAcast features an interview with Camila Russo, the author of the book “The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum”. Camila is also the founder of the Decentralized Finance (DeFi) site The Defiant, which tracks developments, emerging trends, and news in the fast moving DeFi space.

In this interview, Camila shares how her experience covering fiat currency issues as a reporter for Bloomberg sparked her interest in Bitcoin and how she focused her attention on the Ethereum project early in its development. We discuss Camila’s book and the emergence of Ethereum as well as the most interesting applications of Ethereum, future disruptions, and the general trends driving the DeFi space.

Read More