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Summer.fi to Shut Down Operations Following Major Protocol Exploit
The decentralized finance (DeFi) platform Summer.fi has officially announced the cessation of its business operations and the dissolution of its parent company, Labs. This decision follows a devastating security breach …
Variational Secures $10.3 Million Series A Led by Dragonfly Capital
The decentralized derivatives protocol Variational has successfully closed a $10.3 million Series A funding round, signaling a significant expansion in the on-chain financial instruments sector. This latest capital inje…