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Finance
Mike Cagney Revolutionizes Wall Street with Blockchain Technology
Mike Cagney is no stranger to innovation, having previously disrupted consumer lending with SoFi. Now, at the helm of Figure Technology Solutions, he's tackling an even more ambitious project: rebuilding the foundational infrastructure of credit markets using blockchain. The results are promising, with Figure reaching $1 billion in monthly loan originations and $2.9 billion in the first quarter, …
May 3, 2026, 1 p.m.
Finance
Mike Cagney's Blockchain Revolution: Streamlining Wall Street's Infrastructure
Mike Cagney, having previously disrupted consumer lending with SoFi, is now attempting to overhaul the credit market infrastructure through Figure Technology Solutions. The company's recent achievement of $1 billion in monthly loan originations is a testament to the potential of its blockchain-based approach. Cagney envisions a future where credit markets operate with greater efficiency, sans tra…
May 3, 2026, 1 p.m.
Finance
Crypto Hack Exposes DeFi Vulnerabilities, Insiders Call for Change
The $292 million exploit of Kelp DAO has sent shockwaves through the decentralized finance (DeFi) ecosystem, highlighting the fragility of certain aspects of the system. This incident comes at a pivotal moment, as Wall Street firms are increasingly exploring onchain markets. Despite this setback, insiders argue that traditional finance's push into onchain finance will continue, but DeFi must addr…
May 2, 2026, 1 p.m.
Finance
Crypto Hack Exposes DeFi Vulnerabilities: Industry Insiders Weigh In on Necessary Changes
The $292 million exploit of Kelp DAO has sent shockwaves through the decentralized finance sector, highlighting the fragile nature of certain aspects of the system. This incident comes at a critical juncture, as Wall Street firms are increasingly moving into onchain markets. In the lead-up to the hack, major players such as Apollo Global Management and BlackRock made significant moves into the sp…
May 2, 2026, 1 p.m.
Finance
DeFi's Vulnerabilities Exposed: Industry Insiders Weigh in on the $292M Crypto Hack
A $292 million exploit of Kelp DAO and its ripple effects across crypto lending markets have highlighted the fragility of certain parts of the decentralized finance system, particularly at a time when Wall Street firms are increasing their on-chain presence. Despite this, industry insiders believe the incident will not deter traditional finance from further exploring on-chain markets but will ins…
May 2, 2026, 1 p.m.
Finance
DeFi's $292 Million Crypto Hack Exposes Vulnerabilities, Experts Weigh In on Necessary Reforms
A recent $292 million exploit of the Kelp DAO has highlighted the fragility of certain aspects of the decentralized finance system, just as major Wall Street firms are expanding their presence in on-chain markets. In the lead-up to the hack, prominent financial institutions such as Apollo Global Management and BlackRock made significant moves into the space, including a strategic partnership an…
May 2, 2026, 1 p.m.
Finance
DeFi's Vulnerabilities Exposed: A $292M Hack Forces a Rethink of Risk and Security
A recent $292 million exploit of Kelp DAO has highlighted the fragility of certain parts of the decentralized finance system, occurring at a critical juncture as Wall Street firms expand into onchain markets. Despite this, industry insiders believe the incident will not deter traditional finance from further involvement in onchain finance, but rather underscore the need for DeFi to address its we…
May 2, 2026, 1 p.m.
Finance
DeFi's Vulnerabilities Exposed: Insiders Weigh in on Necessary Changes After $292M Crypto Heist
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May 2, 2026, 1 p.m.
Finance
Crypto Hack Exposes DeFi Vulnerabilities: Industry Insiders Weigh In on Necessary Changes
A recent $292 million exploit of Kelp DAO has sent shockwaves through decentralized finance, highlighting the fragility of certain aspects of the system. This incident comes at a critical juncture, as Wall Street firms are increasingly investing in onchain markets. Despite this setback, industry insiders believe that traditional finance's push into onchain finance will continue, but with a renewe…
May 2, 2026, 1 p.m.
Finance
Crypto Hack Exposes DeFi Vulnerabilities: Experts Weigh in on Necessary Changes
The $292 million exploit of Kelp DAO has sent shockwaves through the decentralized finance sector, highlighting the system's weaknesses just as Wall Street begins to move into onchain markets. Despite this, experts argue that the incident is merely a setback, rather than a barrier, to the growth of DeFi. As traditional finance continues to push into onchain markets, the need for enhanced security…
May 2, 2026, 1 p.m.