A decentralized finance (DeFi) mainstay is the latest to fall victim to a hack, with $10 million in various cryptocurrencies being stolen from the BadgerDAO yield vault protocol.Users first reported possible problems in the protocol’s Discord at 9 pm EST Wednesday night.Current speculation in community channels is that the hack is the result of an exploit in the Badger.com user … [Read more...] about Badger DAO Protocol Suffers $10M Exploit
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Badger DAO and RenVM announce launch of BTC-on-Ethereum ‘Badger Bridge’
Decentralized finance (DeFi) protocols Badger DAO and RenVM have announced today the launch of “Badger Bridge,” a Bitcoin-to-Ethereum bridge that will allow BTC holders to bring their Bitcoin to Ethereum and deposit it into yield-bearing vaults purportedly with a single click. “The Badger Bridge is the first of its kind to enable users to earn yield on their tokenized Bitcoin … [Read more...] about Badger DAO and RenVM announce launch of BTC-on-Ethereum ‘Badger Bridge’
Badger DAO integrates with institutional DeFi gateway Fireblocks
In a blog post today, decentralized finance (DeFi) protocol Badger DAO announced a forthcoming integration with Fireblocks, a digital asset storage, management, and DeFi on-ramp for institutional investors. “We’re excited to announce a strategic partnership between Fireblocks and BadgerDAO to enable their 200+ institutional clients to securely hold Badger assets on their … [Read more...] about Badger DAO integrates with institutional DeFi gateway Fireblocks
Badger DAO to acquire ‘Badger.com’ domain for $300,000
The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain. In a Badger Improvement Proposal listed on governance forums today, BIP-43, BadgerDAO founder Chris Spadafora wrote that the new domain will “quickly increase the value [of the app] across all these categories … [Read more...] about Badger DAO to acquire ‘Badger.com’ domain for $300,000
Badger DAO announces $21 million treasury diversification via VC partners
Some major venture capital names are ‘sett’ to join the Badger DAO community. Bitcoin on Ethereum-focused decentralized finance (DeFi) protocol Badger DAO announced today a $21 million sale of DAO treasury assets to four major investors: Polychain Capital, Parafi Capital, Blockchain Capital, and noted whale wallet 0xB1. The sale was made as part of a wider “Treasury … [Read more...] about Badger DAO announces $21 million treasury diversification via VC partners