Recently, CoreDAO filed a lawsuit against Maple Finance and published an injunction granted by the Grand Court of the Cayman Islands. In Web3 and DeFi, this is likely to stand as a case where disputes over copyright and IP, rather than hacks, are litigated in real-world courts. This article analyzes the case and its implications.
Focusing on the xUSD and USDX cases, this article explains step by step how vaults and yield products, when combined with peg breaks, oracle failures, clogged redemption windows, and leveraged TVL, created large-scale bad debt. It then uses MetaMorpho as a comparison framework to argue for a shift toward structures that trust 'processes and data, not people', proposing Proof-of-Hedge, on-chain redemption rights, timelocks, and circuit breakers as default settings for the next cycle.
We analyze five major collapse events in the crypto asset market since 2019. By digging into the causes—pandemic, regulation, algorithmic failure, fraud, geopolitical risk—and the consequences of each, we trace how the crypto ecosystem endured growing pains, absorbed lessons, and evolved toward a more mature and resilient system.
An in-depth analysis of Babylon and its expanding ecosystem that seeks to transform Bitcoin from a mere store of value into "productive capital" for the Web3 ecosystem.
Recently, CoreDAO filed a lawsuit against Maple Finance and published an injunction granted by the Grand Court of the Cayman Islands. In Web3 and DeFi, this is likely to stand as a case where disputes over copyright and IP, rather than hacks, are litigated in real-world courts. This article analyzes the case and its implications.
Focusing on the xUSD and USDX cases, this article explains step by step how vaults and yield products, when combined with peg breaks, oracle failures, clogged redemption windows, and leveraged TVL, created large-scale bad debt. It then uses MetaMorpho as a comparison framework to argue for a shift toward structures that trust 'processes and data, not people', proposing Proof-of-Hedge, on-chain redemption rights, timelocks, and circuit breakers as default settings for the next cycle.
We analyze five major collapse events in the crypto asset market since 2019. By digging into the causes—pandemic, regulation, algorithmic failure, fraud, geopolitical risk—and the consequences of each, we trace how the crypto ecosystem endured growing pains, absorbed lessons, and evolved toward a more mature and resilient system.
We chronologically analyze major Bitcoin crash events from 2011 to 2018, showing that the extreme volatility of the early crypto market was not mere chaos but a catalyst for technical and institutional evolution. From the Mt. Gox hack to the bursting of the ICO bubble, we highlight how each crisis strengthened market security, regulation, and trust infrastructure.
An in-depth analysis of Babylon and its expanding ecosystem that seeks to transform Bitcoin from a mere store of value into "productive capital" for the Web3 ecosystem.
Focusing on three key BTC L2 approaches—redesigning bridge trust models, ZK‑based trust minimization, and Bitcoin liquidity platforms—this article offers an in‑depth comparison of each project’s technical characteristics and implications.