Educating

Compound’s Hack Cause for Reflection: Understanding the Past, Present, and Future Implications for DeFi and Crypto.

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Time Stamp: July 29, 2024 11:49 AM - Modified On: July 29, 2024 - Published By:
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Republished By Plato

Compound Finance, one of the most prominent platforms in the decentralized finance (DeFi) space, has recently experienced a significant security breach, resulting in a $25 million loss. This event is not an isolated incident; Compound has faced several notable hacks and exploits over the years. Each of these incidents has not only impacted the platform but has also revealed critical vulnerabilities and posed significant challenges for the broader crypto ecosystem. This article explores the details of the recent governance exploit, reviews previous hacks, and discusses the broader implications for DeFi

Paribus: Learning to Trust Yourself.

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Time Stamp: January 14, 2023 1:03 AM - Modified On: January 14, 2023 - Published By:
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Republished By Plato

The idea of self-custody is as old as the hills. Whether it’s stuffing bank notes under a mattress or keeping gold bullion in a safe, it’s always given people equal amounts of fear and freedom. It’s only now though, with cryptocurrencies, that people can have secure and portable self-custody of their assets. Self-custody is as integral to the ethos of crypto as decentralization and peer-to-peer transactions. These concepts give blockchain technology the ability to create a new kind of asset ownership that has never existed before. As Deniz, our CEO