We've all heard the siren song of DeFi: financial freedom, cutting out the middleman, returns that make your bank weep. Decentralization is the cry, the alleged panacea for all the failures of legacy finance. Here’s a dose of reality: the emperor has no clothes. Decentralization, as an immutable ideal, is...
For most people, the DeFi wallet is just a signature tool. It’s considered a core part of the infrastructure you need to use decentralized applications (dApps). The powers of a DeFi wallet go well beyond this simple use case. This article aims to debunk the notion that DeFi wallets are...
Are you actually profitable in DeFi, or is your last generation wallet stealthily siphoning your profits behind your back? You might think you’re a veteran of the decentralized finance (DeFi) universe. Your wallet as it exists may be sapping your bottom line without your knowledge! That’s kind of like driving...
Decentralized Finance (DeFi) is changing the way we think about our finances. It offers tremendous promise with potential for high yields and new financial products. This dynamic new frontier offers tremendous opportunities for innovation, but it is not without its peril, including security risks specific to DeFi wallets. What most...
The world of Decentralized Finance (DeFi) is littered with alluring avenues for monetary enrichment. It comes with a unique set of liabilities that you must take into account. Perhaps the biggest underappreciated vulnerability within the DeFi space is the fact that most cryptocurrency wallets are used in a prehistoric manner....
OKX is making its return to the DEX aggregator scene following a Lazarus Group-generated absence. They’ve touted their new security features designed to prevent the bad guys from getting in. Are these measures the equivalent of the Maginot Line – impressive in theory but simple to circumvent in practice? Or,...
Following a security incident involving the Lazarus Group, OKX has undertaken a significant overhaul of its decentralized exchange (DEX) operations. This revamp involves more than a projected $1.6 billion in tech upgrades—it’s a deliberate change in governance and creative risk management. Navigating the often-treacherous waters of DeFi is intimidating for...