Russia says it avoided default on its $40 billion sovereign debt, but creditors say they haven’t been paid yet

Russia’s finance ministry said it deposited a $117 million interest payment on two dollar-denominated bonds due Wednesday, despite global ratings agencies predicting the country may be heading f...

How Block (Square) avoided death by Amazon

Block co-founder Jim McKelvey. CNBC | NBC Universal | Getty Images BARCELONA — In 2014, Amazon launched a product that sounded strikingly similar to something already on offer from Twitter co-founder ...

Judging Controversy Avoided As Japan’s Ayumu Hirano Wins Olympic Halfpipe Gold With Triple Cork

Japan’s Ayumu Hirano gestures after his run in the snowboard men’s halfpipe final run during the … [+] Beijing 2022 Winter Olympic Games at the Genting Snow Park H & S Stadium in...

‘This Circus Needs to Stop Now’: How DeFi Protocol Wonderland Avoided Shutdown After Scandal

The biggest story to hit DeFi this week (and maybe in the past two years) was the revelation that the co-founder of DeFi project Wonderland, 0xSifu, is an alleged serial fraudster with ties to the inf...

How an Automatic Liquidation of $600M in Ethereum Was Narrowly Avoided

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) While everyone is watching the price action of their favorite top tokens, few are talking about how decentralized stable...