Web3 promised us a new era of privacy and security, but a series of recent major hacks make all that look like a lie.
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Laughing Through Tears: Crypto Memes of The Year
The year spewed forth tons of memeable material for crypto pundits. First, there were the prices. If 2021 were the proverbial halcyon days, then 2022 was a sobering correction. Bitcoin more than halved over the […]
Grayscale Faces Lawsuit as GBTC Plunges to Record Low 43% Discount
New York-based hedge fund Fir Tree Capital Management has filed a lawsuit against digital asset manager Grayscale Investments over “potential mismanagement and conflicts of interest” at the firm’s flagship Bitcoin fund, according to a Bloomberg […]
Why Jump Crypto Bailed Out Wormhole
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Wormhole, a protocol that allows users to transfer crypto assets across blockchain networks, was exploited for $320 million last week. The breach was specifically related […]