Bitfinex money laundering: Husband faces pre-trial detention, wife gets bail

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The husband-wife duo accused in the infamous $3.6 billion Bitcoin (BTC) money laundering case had quite a contrasting valentine. A federal judge upheld the decision of a suspended release...

Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin

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Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756 Bitcoin (BTC)...

Finance Redefined: Alchemy raises $200M, Bunny goes DAO, Feb. 4–11

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Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.As the DeFi space continues its technical resurgence, essential news on funding, innovation and DAOs continues to drive adoption in...

iOS jailbreak dev wins $2M bounty for finding critical Optimism bug

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Developers from the Ethereum Layer 2 scaling project Optimism announced that a “critical bug” had been identified and subsequently patched earlier this month. The bug, which could have enabled...

Bunny and Qubit turns to DAO following $80-million bug exploit

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The development team behind Bunny Finance and Qubit has decided to disband the protocol and turn it into a decentralized autonomous organization (DAO).In an official medium post published on Friday,...

Bitfinex hack recovery spurs crypto community responses

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On Feb. 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6...

Bitfinex-backed LEO soars to record high on supply crunch expectations

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Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market.The...

Polygon stablecoin Qi Dao exploited for $13M on Superfluid vested contract

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Polygon’s native stablecoin protocol, Qi Dao, faced an exploit on its Superfluid vesting contract, which led to a 65% drop in the price of the governance token Qi Dao...

Jump Crypto replenishes funds from $320M Wormhole hack in largest-ever DeFi ‘bailout’

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On Thursday, Jump Crypto, a crypto venture capital firm that owns Certus One, the developer of the Wormhole token bridge, announced it had deposited 120 thousand Ether (ETH) into...

Finance Redefined: Wonderland reveal and Wormhole hacked, Jan. 28–Feb. 4

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Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.It’s been a tumultuous week of doxxing, hacks, bailouts and new highs in the decentralized finance space. Read on to...