The worst-case consequences of last month’s Curve exchange hack seem to have been avoided, thanks to a series of side deals cut between the project’s debt-strapped founder and a handful of key crypto ...

Cryptocurrency worth more than $1.5 billion has been removed — some stolen, some moved for safekeeping — from the decentralized exchange Curve Finance since it revealed on Sunday it had been hacked.

When decentralized finance, or DeFi, took off in 2020, it was pitched as an antidote to the failings of legacy finance. Decentralized lending was supposed to be DeFi’s killer app – a way for people to ...