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Finance

Stargate Finance Tumbles After Launching Staking Platform

Stargate Finance Tumbles After Launching Staking Platform

Stargate Finance has taken a downward turn after launching its highly-anticipated staking governance model. Key Takeaways Stargate Finance has launched its staking program. The news was met with an increase in selling pressure. STG now holds above a critical support level.  Stargate Finance launched its highly-anticipated governance model, with which token holders can stake for …

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Finance Redefined: Hacker bungles DeFi exploit, dYdx’s decentralization goals, and more

Finance Redefined: Hacker bungles DeFi exploit, dYdx’s decentralization goals, and more

The decentralized finance (DeFi) ecosystem was filled with ups and downs —mostly the latter— this week, with two very distinct hack attempts and a heartbreaking departure of a DeFi veteran.  In this week’s newsletter, we will also look at derivative exchange dYdX’s plans to go fully decentralized by the end of the year. The price …

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