Galaxy, Sharplink Launch $125M Institutional DeFi Fund Using ETH Treasury
Digital asset company Galaxy and Ethereum treasury platform Sharplink will launch a private fund that will invest Ether in decentralized...
NFT News
Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path...
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...
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...
ZachXBT Targets Lesser-Known DEX in Fresh Allegations Over Illicit Crypto Flows
The platform, however, rejected any wrongdoing. Tokenlon explained that it does not custody funds and that all transactions remain...
RedStone Launches Settlement Layer to Address RWA Liquidity Gap in DeFi Lending
RedStone, a decentralized oracle provider, has launched a new settlement layer for decentralized finance, aiming to make tokenized real-world assets...
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...
Carrot’s TVL Collapses 93% in a Month Following Drift Hack
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi...
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...
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...
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...
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...
Adam Back Addresses Satoshi Nakamoto Rumors at LONGITUDE Paris
Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto...
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...
