Chainlink multisig rules face speculation, Mixin offers $20M bounty: Finance Redefined

Invite to Finance Redefined, your weekly dose of important decentralized finance (DeFi) insights– a newsletter crafted to bring you the most considerable developments from the past week.The past week in DeFi was dominated by advancements in some of the OG DeFi procedures, with Uniswap Foundation revealing plans to raise $62 million in new financing and decentralized oracle service supplier Chainlink brushing aside worries about changes it made to multisignature wallets.Mixin Network, which was hacked for nearly $200 million in crypto properties on Sept. 23, has now offered a $20 million bug bounty to exploiters for the return of the remaining funds, declaring a bulk piece of the stolen funds are user assets.Curve Finance creator Michael Egorov cut back his debts to $42 million and settled his whole Aave loan on Sept. 28. According to the on-chain analytics platform Lookonchain, the Curve founder transferred 68 million CRV tokens, worth $35.5 million, to lending protocol Silo and borrowed 10.77 million in crvUSD stablecoin in the last 2 days. Continue readingMixin Network offers $20 million bug bounty to hackers in $200 million hackMixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million make use of on Sept. 23, has actually offered a $20 million bug bounty for the return of the staying funds.Mixin Network encrypted the message with the exploiter transaction, asking for the exploiter to return the funds as the majority of the taken funds were user assets.Continue readingCrypto exchange Upbit stems fake APT token flood, resumes servicesSouth Korean cryptocurrency exchange Upbit has resumed Aptos APT (APT) deposits and withdrawals after fixing an issue that saw a scam APT token improperly acknowledged as legitimate.On Sept. 24, Upbit abruptly halted Aptos token services after noting an “abnormal deposit attempt,” triggering an inspection of the wallet system.