what's Indexed Finance?
Indexed Finance is a decentralized protocol on the Ethereum blockchain designed for passive portfolio management through the creation and trading of on-chain indices. It allows users to build diversified baskets of cryptocurrencies and DeFi tokens, such as sector-specific indices like DeFi5 or CC10, which track top performers in various ecosystems. The protocol automates rebalancing and provides tools for launching custom indices, enabling seamless investment strategies without centralized intermediaries. Governance is facilitated by the NDX token, empowering holders to vote on protocol upgrades, index inclusions, and parameter adjustments. Integrated with decentralized exchanges, Indexed Finance supports liquidity provision and yield optimization, promoting accessibility and innovation in decentralized asset management. The system emphasizes community-driven curation and transparency, making it suitable for both retail and institutional participants seeking exposure to crypto markets.
Indexed Finance exploiter wallet resumed activity after 1 year, selling UNI, LINK, CRV, YFI.
Links
x.com/ndxfiA wallet linked to the Indexed Finance exploiter resumed activity after 1 year of dormancy and sold 226,961 UNI ($1.36M), 33,215 LINK ($410K), 845,806 CRV ($328K), and 5.25 YFI ($17.5K).
Documentary 'Code Is Law' starts streaming worldwide today, covering the Indexed Finance hack with dedicated segments at timestamps 29:16 and 34:27.
Four-year anniversary of $16 million hack; attacker Medjedovic indicted by SDNY and lost stolen funds to Profanity breach. Documentary 'Code Is Law' releases in one week on major streaming platforms.