This DEX is ignoring the ‘test in production’ attitude held by other DeFi companies

IDEX has chosen to take a more traditional approach to security. IDEX, a decentralized exchange, recently underwent a security audit by Quntstamp prior to the release of its 2.0 mainnet. The exchange’s CEO Alex Wearn emphasized the importance of security audits to Cointelegraph: Depositing funds into contracts that the authors themselves state are unaudited, and were […]

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Another inside job at Shapeshift cost the company nearly $1 million

An employee allegedly used his credentials at Shapeshift to steal from the company. Following the theft and repayment of $900,000 in Bitcoin (BTC), Shapeshift is now pursuing damages in court against its former senior software engineer, Azamat Mukhiddinov.  “There was significant time lost and legal costs associated with the clean-up,” Shapeshift’s chief legal officer, Veronica McGregor, […]

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African crypto exchange raises $1.5M from Andreessen Horowitz and others

Crypto is truly a global asset class. Showing continued digital asset growth in Africa, Nigeria-based crypto exchange, Yellow Card, has secured over $1 million in investments from a number of players in the crypto industry, including venture capital firm Andreessen Horowitz.  “Yellow Card has raised $1.5 million from investors to help further our expansion and solidify […]

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