Decentralized exchange KiloEx says $7.5M exploit has been contained

Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit.  The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X. “The team has immediately suspended platform…

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Why institutions are hesitant about decentralized finance — Shibtoshi

Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and legal accountability. The DeFi founder told Cointelegraph that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information,…

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SSV Labs proposes decentralized staking module for Lido on Ethereum

SSV Network proposed a new permissionless staking module for Lido, aiming to improve decentralization and staking infrastructure for institutional participants. SSV Network proposed a permissionless staking module that leverages SSV’s Distributed Validator Technology (DVT) to integrate node operators (NOs) into the operator set of Lido on Ethereum. If approved, the proposal would add the first…

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