Hacker Drains $5.9M From Ethereum Liquidity Provider TrustedVolumes
Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and...
NFT News
KelpDAO Hack Fallout Pushes Another DeFi Protocol Toward Chainlink CCIP Migration
Chainlink CCIP just secured another major DeFi migration. Bitcoin-focused DeFi platform Solv Protocol announced that it is fully migrating...
ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit
The vulnerability that led to ZetaChain’s recent exploit had been flagged through its bug bounty program before the attack, but...
WLFI Token Price Drops 14% After Controversial Token Unlock Proposal Goes to Vote
The native token of Trump-family-linked World Liberty Financial dropped nearly 14% on Wednesday as a controversial governance proposal that would...
Shinhan Card Partners with Solana for Stablecoin Payments, DeFi Infrastructure
One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to...
Crypto VC Funding Plunges to $659M in April, Hits 2024 Lows
Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups...
DeFi’s Lose-Lose Problem on Freezing Stolen Funds
Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back.A recent...
Crypto Hacks Hit $630M In April as DeFi Dominates Losses
The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst...
DeFi Exploits Push Builders to Rethink Emergency Controls
Andre Cronje says much of decentralized finance is “no longer DeFi” in the strict sense, as builders debate whether circuit...
Aave Outlines Steps to Rebuild rsETH Collateral
Recovered tokens will be sent to a DeFi United multisig wallet, redeemed for ETH, and used to cover the...
Ethereum’s EEZ could pull other blockchains into its orbit
The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains,...
Is This Another Market Bottom Signal?
Extreme fear surrounds AAVE after exploit-driven outflows, but whale order clusters historically linked to market bottoms are reappearing. AAVE...
Arbitrum Freezes $70 Million in ETH Linked to KelpDAO Exploit in Emergency Security Move
Arbitrum's Security Council froze exploiter-held ETH after coordinating with law enforcement. Arbitrum said its Security Council initiated an emergency...
Sui-Based Volo Protocol Hit by $3.5M Exploit, Freezes Vaults to Contain Damage
An attempt to bridge 19.6 WBTC away was intercepted and blocked by the protocol, thereby removing the assets from...
“Are We an Industry of Clowns?” Curve Founder Blasts DeFi Security Failures
Egorov said that different DeFi platforms keep pointing to each other during exploits, even as they claim everything is...
DeFi TVL Plummets Across Top Chains After KelpDAO Hack
Ethereum's Total Value Locked dropped nearly 11% in 24 hours while Bitcoin, Tron and BSC were not as badly...
Kelp Exploit Spread ‘Contagion’ Throughout DeFi Ecosystem: Crypto Execs
The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause...
Stablecoins Behave Like FX Markets as Liquidity Splits: Eco CEO
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and...
DeFi Hacks Surge After $280M Drift Protocol Exploit
At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million...
Tether To Lead $150M Recovery Program for DeFi Platform Drift Protocol
Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for the...
ETH/BTC Breakout Aligns With Rising Ether Demand
Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high.The ETH/BTC...
DAO Behind CoW Swap Urges Users to Stay off Platform after ‘Hijacking‘
The decentralized exchange aggregator said users should refrain from visiting its website after a frontend exploit.Decentralized exchange aggregator CoW Swap...
