Unraveling the sUSD Crisis: Lessons from Synthetix’s Stablecoin Devaluation
Unraveling the sUSD Depeg: A Deep Dive into Synthetix’s Stablecoin Crisis In a startling development that has sent ripples through the cryptocurrency community, sUSD, the stablecoin issued by the Synthetix protocol, experienced a significant devaluation, dropping to $0.68 on April 18, 2025. This marked a 31% deviation from its intended 1:1 peg with the US […]
Largest Blockchain Hack Reaches $1B in 2022
I remember the first time I recruited for a blockchain security firm back in 2018. The candidate—a brilliant white-hat hacker from Prague—told me, “Pete, this space is a digital Wild West. We don’t just need security engineers. We need cyber cowboys.” Fast forward to the aftermath of the Largest Blockchain Hack in 2022, and his […]