A relatively small segment of decentralized finance aims to replicate the processes and workflows of traditional financial institutions in the digital asset realm.

DeFi projects Curve, Aave and SORA extend their offerings with native stablecoins. All non-custodial by design, these stablecoins are introducing many innovative features.

As a result of the hacker attack, NIRV lost its peg to the dollar and fell heavily in price. The attackers managed to steal from Nirvana…

“Beanstalk” — the stablecoin protocol based on the Ethereum network — lost $182 million due to a hacker attack.