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Chainlink quietly changes multisig rules, Mixin offers $20M bounty: Finance Redefined

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Mixin Network has offered a $20 million bug bounty to the exploiter behind a $200 million hack to return the remaining funds. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by developments in some of the OG DeFi protocols, with Uniswap Foundation announcing plans to raise $62 million in new funding and decentralized oracle service provider Chainlink brushing aside concerns about changes it made to multisignature wallets. Mixin Network, which was hacked for nearly $200 million in crypto assets on Sept. 23, has now offered a $20 million bug bounty to exploiters for the return of the remaining funds, claiming a majority chunk of the stolen funds are user assets. Curve Finance founder Michael Egorov cut back his debts to $42 million and settled his entire Aave loan on Sept. 28. And crypto exchange Upbit managed to...

Delta Exchange Gets CoinFund’s Backing to Expand into India

Join Our Telegram channel to stay up to date on breaking news coverage Delta Ex change , a cryptocurrency derivatives ex change , has announced a fresh funding round that will fund its expansion to India.  The ex change made the announcement  that it had gotten backing from blockchain venture capitalist firm CoinFund. The investment marks the first in a series of CoinFund’s moves geared towards capitalizing on India’s fledgling market. A Perfect Market to Launch Alex Felix, the managing partner at CoinFund, also spoke with industry news source Cointelegraph on the company’s decision. He explained that the firm had seen a significant opportunity to move into India, thanks in no small part to the recent lifting of the Reserve Bank’s crypto ban. He added that thanks to increasing local interest and Bitcoin’s growth, India has become a significant market for the crypto industry. CoinFund is hoping to capitalize on that, and the Delta Exchange investment is a part of the firm’s pl...